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You're absolutely right and that's what I mean about marketing having such a huge impact. Nike spends a ton of money making sure you associate the Nike brand mo
by mjr00 5y ago
You're absolutely right and that's what I mean about marketing having such a huge impact. Nike spends a ton of money making sure you associate the Nike brand more closely with LeBron, Jordan, and the general pursuit of superstardom than with their use of SEA sweatshops. Similarly, the average layperson currently sees crypto and associates it with making a lot of money very quickly. If that perception changes so that the initial reaction to crypto is "this is reckless gamblers killing the planet," that's a potentially existential crisis for cryptocurrency -- you'll have (more) politicians calling for cryptocurrency bans and much lower levels of public support.
- hammyhavoc 5y agoEloquent! Thanks for putting into words what a lot of us really struggle to.