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> The crypto SuperBowl ads were a signal that it was about to come crashing down. Should we short Coca Cola, Nike and Pizza Hut because they too had superbowl
by alasdair_ 3y ago
> The crypto SuperBowl ads were a signal that it was about to come crashing down.
Should we short Coca Cola, Nike and Pizza Hut because they too had superbowl ads?
“Has a superbowl ad” doesn’t seem like a great signal to me, other than in retrospect when it’s easy to spot a loser.
- gary_0 3y agoCoca Cola, Nike and Pizza Hut are products that everyone buys. It makes sense they would advertise during the Superbowl. But I don't personally know anybody non-techy who knows anything about crypto, never mind has any use for it (although I did have one friend who almost fell victim to an Internet scam that mentioned crypto). So it makes less sense why they would be advertising it on such a huge scale, before most average people had even come into contact with it (in a non-criminal context, anyways).
- sumtechguy 3y agoWhat I never got was why I would want to use these things as currency. Cryptographically write down everything I ever do financially? I am going to go with no on that one. I do not really care I bought a stick of gum 20 years ago... These things strike me as a privacy nightmare.