Post
Topic
Board Altcoin Discussion
Re: What's Your Take on Celebrities Backing Memecoins?
by
justdimin
on 09/06/2024, 05:55:25 UTC
What's the point of asking for our take on that. In short celebrities are known for promoting stuff so that they can earn money by their promotions and they are made for that. Why would a crypto trader take these kind of celebrities and influencers seriously.

We have learned trading to apply our skills and to know that we are here because of our skills. So we should focus on our takes and analyzation rather than on celebrities promotion.
Not that it would start from a bitcointalk forum, but I think the logic is that they are getting away with scam. So if I create a scam coin, and my only purpose is to steal money from people, and hire X celeb to help me, and pay them, then people invest because they like and trust that celeb, and then I steal everyone's money who invested because of that celeb, then is the whole fault at the dev who created that project, or does the celeb have any responsibility as well?

This is why I think it's quite important to start asking these questions, because there is a very valid possibility that we are going to end up with people not really understanding how any of this works, and that's why it's going to be very tough for celebs if it was made to be illegal.