The former teen soap star from the popular television series “The OC”, Ben McKenzie, has called on his fellow stars about Schilling-specific cryptocurrency projects. McKenzie calls the trend a “moral disaster” and names a number of celebrities who have betrayed a few crypto projects to their loyal fans.
‘The OC’ star Ben McKenzie writes a scathing review of his fellow stars and their crypto stakes
On October 7th, American actor, writer and director Ben McKenzie had a problem with his celebrities pushing certain crypto projects. So much so that he wrote an opinion editorial in which he denounced the behavior and published it through the publication The Slate.
Ben McKenzie is also a celebrity himself, because he had his first high-profile role in 2003 when he played “Ryan Atwood” in the television series “The OC”. McKenzie also starred on the show “Southland” and the television series “Gotham”.
The Oped, written by McKenzie, is called “Celebrity Crypto Shilling Is a Moral Disaster,” and the first person it meets is popular celebrity Kim Kardashian. McKenzie discussed how Kardashian chilled the crypto token Ethereum Max through her Instagram account with her 228 million followers.
“The post was an instant sensation and a bit controversial,” wrote McKenzie. “Ethereum Max was only a month old, few had heard of it, and it wasn’t even clear how the ‘token’ was supposed to work,” added the actor.
As of this writing, Ethereum Max is priced at $ 0.00000002257, according to coinmarketcap.com. That’s a lot of zeros. If you bought Ethereum Max after Kardashian pushed it forward and didn’t sell it fast enough, you were left with a virtually worthless digital asset.
McKenzie: “Celebrities Might As Well Have Their Audiences At A Rigged Blackjack Table”
McKenzie has also ripped off a number of other celebrities, including former heavyweight champion Floyd Mayweather Jr., former NBA star Paul Pierce, actress Lindsay Lohan, and Superbowl champion Tom Brady. “The Hollywoodization of crypto is a moral disaster. And for fans of celebrities who are likely to have a lot less money to lose, it may be financial too, ”McKenzie pointed out. “The OC” star added:
These rich and famous entertainers might as well be pushing payday loans or putting their audience at a rigged blackjack table. While the wild swings in cryptocurrency may be exciting to some, the rewards are illusory for many, especially when you get beyond the few cryptocurrencies like Bitcoin and Ethereum (which is a separate entity from Ethereum Max).
McKenzie also seems to believe that the crypto world is full of scams and so-called “rug pulls”. But for celebrities, in his opinion, adding a hype to these speculative investments is a bit of an exaggeration.
“Celebrities encourage their fans to bet on speculative, unproven investments that could soon lead to a major regulatory crackdown, if not a complete implosion of the market,” said McKenzie. The actor’s scathing criticism of his fellow stars concluded:
If celebrities care what products they promote, they should think twice about endorsing those companies. Crypto and blockchain technology may still play an important role, but the industry executives, venture capitalists and, yes, the rich and famous who drive these products don’t deserve your trust – or your money -.
What do you think of Ben McKenzie’s opinion desk on celebrity shilling crypto projects? Let us know what you think on this matter in the comments below.
Tags in this story
“The OC” star, Ben McKenzie, Bitcoin, celebrities, celebrities, cryptocurrency, Ethereum, Ethereum Max, Floyd Mayweather Jr., Hollywoodization of crypto, Jacob Silverman, Kim Kardashian, Lindsay Lohan, Moral Disaster, Paul Pierce, Rug Pulls, Southland, The Slate, Tom Brady
Photo credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation to make an offer to buy or sell, or a recommendation or endorsement of any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.