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May 13, 2022

Matt Damon gets attacked by the internet for his promotional crypto ad which went viral before the crash of Bitcoin and other cryptocurrencies. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Twitter Pillories Matt Damon and His Viral Crypto Ad Amid Bitcoin Crash: He ‘Got Paid in Dollars and Laughed All the Way to the Bank’ - https://www.mediaite.com/entertainment/twitter-pillories-matt-damon-and-his-viral-crypto-ad-amid-bitcoin-crash-he-got-paid-in-dollars-and-laughed-all-the-way-to-the-bank/
"Bitcoin plunged to its lowest level in 16 months on Thursday … and Twitter has pinned all the blame on Matt Damon’s viral crypto ad.
In the ad, Damon gives a one-minute monologue comparing crypto investors to mountain climbers, space travelers, and other adventurers before exclaiming, “Fortune favors the brave.”
Despite the promise, bitcoin dropped as low as $25,401.29 on Thursday morning.
“Ether, the second-biggest digital currency, tanked to as low as $1,704.05 per coin,” reported CNBC’s Ryan Browne. “It’s the first time the token has fallen beneath the $2,000 mark since June 2021. Ether was last down 6.5% at a price of $1,988.45.”"
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