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I think it depends. If Tiger Woods promotes a golf club and I find out that it sucks, I'll be annoyed at him. If Larry David promotes a crypto exchange, my exp
by ralusek 4y ago
I think it depends. If Tiger Woods promotes a golf club and I find out that it sucks, I'll be annoyed at him.
If Larry David promotes a crypto exchange, my expectation is:
1.) Larry David doesn't know how crypto works, and very likely thinks it's stupid
2.) Larry David doesn't understand the additional layer of what a crypto exchange is
3.) Larry David doesn't have any opinion regarding which crypto exchange to use. He definitely doesn't know internals wrt how much of a reserve the exchange is keeping, and whether the coins with which they're backing other coins are reputable
If I lose money with this exchange, I place 0 blame on Larry David.
- andreareina 4y agoYou sound like a rational person who isn't swayed by endorsements by non-experts. Or maybe you already know about crypto, so you already have an informed opinion. None of that applies to most people. Again, if it did companies wouldn't be spending eye-watering amounts of money to these celebs. We all ought to be rational. We're not.