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RE: Celebrity endorsment and mass adoption of cryptocurrency

in #crypto6 years ago

I like the idea of celebrities promoting crypto. When they do that they do make crypto an "aspirational" item but they do that with all kinds of products anyway. I think a reason last year was pumped so hard was because people just in general think they can get rich quick and FOMO. I'm oversimplifying of course, but yeah, that's what I think.

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Yeah thats true - my problem is that it invites people in to invest who wouldnt otherwise and donr educate themselves and lose money - and also overprice the crypto space like late 2017

I agree about the FOMO bit 100%

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