{"id":375089,"date":"2021-12-01T23:00:00","date_gmt":"2021-12-01T20:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-critic-hollywood-insider-has-a-message-for-celebrities-who-shill-token-projects\/"},"modified":"2021-12-01T23:00:00","modified_gmt":"2021-12-01T20:00:00","slug":"crypto-critic-hollywood-insider-has-a-message-for-celebrities-who-shill-token-projects","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-critic-hollywood-insider-has-a-message-for-celebrities-who-shill-token-projects\/","title":{"rendered":"# ‘Crypto Critic’ \u2014 Hollywood insider has a message for celebrities who shill token projects"},"content":{"rendered":"

“# ‘Crypto Critic’ \u2014 Hollywood insider has a message for celebrities who shill token projects <\/strong>”
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Ben McKenzie, the actor known for his roles on TV shows including Gotham<\/em> and The OC, <\/em>is speaking out against public figures endorsing projects in the crypto space without seemingly disparaging the technology<\/a>, itself.<\/p>\n

Working with The New Republic staff writer Jacob Silverman, McKenzie made waves in early October after penning<\/a> a Slate piece with his partner titled, \u201cCelebrity Crypto Shilling Is a Moral Disaster.\u201d The duo called attention to Kim Kardashian\u2019s Instagram account promoting the token EthereumMax (EMAX) in early June, a project whose price gained 116,000% in just one week before shedding more than 99% of its value, leaving many in the red.<\/p>\n

\u201cCelebrities are lending their names and promotional talents to everything from NFTs to crypto exchanges to their own custom coin offerings,\u201d said Silverman and McKenzie. \u201cTogether, they are communicating something clear but terribly misleading: That cryptocurrencies, and the many shady areas of this gray-market economy, offer a path to sustainable riches. The truth is almost always the opposite.\u201d<\/p>\n

They added:<\/p>\n

\u201cThese rich and famous entertainers might as well be pushing payday loans or seating their audience at a rigged blackjack table. While the wild swings of crypto might be exciting for some, the rewards for many are illusory.\u201d<\/p><\/blockquote>\n

Though much of Silverman and McKenzie\u2019s criticism is aimed at actors and influencers who may not necessarily know the types of projects in which they\u2019re seemingly encouraging for their followers to invest, they\u2019ve also called out lawmakers. When New York City Mayor-elect Eric Adams announced he would be accepting his first three paychecks in Bitcoin (BTC), the duo referred<\/a> to it as \u201can embarrassingly stupid move\u201d outside of merely attempting to get publicity \u2014 it may set the bar higher for other political candidates.<\/p>\n

\u201cPledging fealty to the Bitcoin cult, promising to become a low-tax crypto playground, laying out the red carpet for the venture capitalists investing in this industry \u2014 these are rapidly becoming table stakes for tech-forward mayors,\u201d said Silverman and McKenzie. \u201c[It\u2019s not] a good idea for a public servant to promote gambling with one\u2019s entire paycheck in what is essentially an unlicensed, unregulated casino.\u201d<\/p>\n

Related: <\/em><\/strong>Celebrities are embracing NFTs in a big way<\/em><\/strong><\/p>\n

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Here’s a CNN video piece about what @ben_mckenzie<\/a> and I are up to with all this crypto skeptic stuff.https:\/\/t.co\/z3JJmlOclV<\/a><\/p>\n

\u2014 Jacob Silverman (@SilvermanJacob) November 30, 2021<\/a><\/p><\/blockquote>\n