![]() ![]() Matt Damon after telling me to put my life savings into PonziScamCoin /k17bA02GUZ If this person decided to buy some bitcoin while this promotional blitz was unfolding, as of this writing his investment is down roughly… 67% During those weeks, not only is this person being inundated with this as part of a reported $100 million branding campaign, on November 16 he learns that is paying $700 million to buy the naming rights to the Staples Center. Let's imagine a person watching TV in the weeks after this commercial debuted. Just ten days later, on November 8, the price of Bitcoin hit an all-time high of… $68,990Īs I type this article, the price of Bitcoin is… $22,354 On October 28, 2021, the day this ad was unleashed, the price of Bitcoin was… $60,608 ![]() Here's the ad in case you need a refresher: In the commercial, Matt Damon walks around a fictional "Museum of Bravery" spewing a bunch of word salad phrases to describe " mere mortals" who " embrace the moment" in " moments of truth" as they " peer over the edge." It's the Matt Damon "fortune favors the brave" ad for which was unavoidable for a few weeks at the end of 2021. You already know the ad I'm talking about. Pardon my French, but the pitch wasn't much more than, " come on… don't be a pussy… just buy some crypto." No particular reason, benefit or value was presented in the ad. On October 28, 2021, television audiences around the world were left collectively confused by a vague commercial for a vague cryptocurrency company in which a bunch of vague moments in history were strung together to convince viewers to buy crypto. ![]()
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