{"id":12996,"date":"2021-10-09T05:54:25","date_gmt":"2021-10-09T05:54:25","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/kardashian-mayweather-jr-lohan-slammed-star-from-the-o-c-says-celebrities-shilling-crypto-is-a-moral-disaster\/"},"modified":"2021-10-09T05:54:25","modified_gmt":"2021-10-09T05:54:25","slug":"kardashian-mayweather-jr-lohan-slammed-star-from-the-o-c-says-celebrities-shilling-crypto-is-a-moral-disaster","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/kardashian-mayweather-jr-lohan-slammed-star-from-the-o-c-says-celebrities-shilling-crypto-is-a-moral-disaster\/","title":{"rendered":"Kardashian, Mayweather Jr., Lohan Slammed \u2013 Star From \u2018The O.C.\u2019 Says Celebrities Shilling Crypto Is a \u2018Moral Disaster\u2019"},"content":{"rendered":"<p><strong>Former teen soap star from the popular television series \u201cThe O.C.,\u201d Ben McKenzie, has called out his fellow celebrities for shilling specific cryptocurrency projects. McKenzie calls the trend a \u201cmoral disaster\u201d and he\u2019s named a bunch of celebrities that have shilled a few crypto projects to their loyal fans.<\/strong><\/p>\n<h2>\u2018The O.C.\u2019 Star Ben McKenzie Writes a Scathing Review About His Fellow Celebrities and Their Crypto Participation<\/h2>\n<p>On October 7, the American actor, writer, and director Ben McKenzie has a problem with his fellow <a href=\"https:\/\/news.bitcoin.com\/lindsay-lohan-tweets-bitcoin-to-the-moon-celebrities-are-flocking-to-crypto-in-great-number\/\">celebrities<\/a> pushing certain crypto projects. So much so he wrote an <a href=\"https:\/\/slate.com\/technology\/2021\/10\/ben-mckenzie-crypto-celebrities-kardashian-brady-lohan.html\">opinion editorial<\/a> denouncing the behavior and published it via the publication The Slate.<\/p>\n<p>Ben McKenzie is also a celebrity himself as his first high-profile role was in 2003, when he played \u201cRyan Atwood\u201d in the television series \u201cThe O.C.\u201d McKenzie also starred in the show \u201cSouthland\u201d and the television series \u201cGotham.\u201d<\/p>\n<p>The oped written by McKenzie is called \u201cCelebrity Crypto Shilling Is a Moral Disaster,\u201d and the first person it strikes is the popular socialite <a href=\"https:\/\/news.bitcoin.com\/kim-kardashian-uk-regulator-pumping-crypto-token-could-harm-investors\/\">Kim Kardashian<\/a>. McKenzie discussed how Kardashian <a href=\"https:\/\/news.bitcoin.com\/kim-kardashian-shills-ethereum-max-on-instagram-media-questions-socialites-motive\/\">shilled the crypto token<\/a> Ethereum Max using her Instagram account with her 228 million followers.<\/p>\n<p>\u201cThe post was an immediate sensation, and a touch controversial,\u201d McKenzie wrote. \u201cEthereum Max was only a month old, few had heard of it, and it wasn\u2019t even obvious how the \u2018token\u2019 was supposed to work,\u201d the actor added.<\/p>\n<p>As of this writing, Ethereum Max is priced at $0.00000002257, according to coinmarketcap.com. That\u2019s a lot of zeroes. If you bought Ethereum Max after Kardashian pushed it and didn\u2019t sell fast enough, all you were left with was a practically worthless digital asset.<\/p>\n<h2>McKenzie: \u2018Celebrities Might as Well Be Seating Their Audience at a Rigged Blackjack Table\u2019<\/h2>\n<p>McKenzie further ripped into a number of other <a href=\"https:\/\/news.bitcoin.com\/popular-celebrities-selling-nft-collections-raking-in-millions\/\">celebrities<\/a> like the former heavyweight champ <a href=\"https:\/\/news.bitcoin.com\/floyd-mayweather-gets-booed-at-bitcoin-event-for-saying-another-crypto-will-be-just-as-big-as-btc\/\">Floyd Mayweather Jr.<\/a>, former NBA star Paul Pierce, the actress Lindsay Lohan, and the Superbowl Champion <a href=\"https:\/\/news.bitcoin.com\/super-bowl-star-tom-brady-supermodel-gisele-bundchen-ad-campaign-crypto-exchange-ftx\/\">Tom Brady<\/a> as well. \u201cThe Hollywoodization of crypto is a moral disaster. And for celebrities\u2019 fans, who likely have far less money to lose, it\u2019s potentially a financial one, too,\u201d McKenzie stressed. \u201cThe O.C.\u201d star further added:<\/p>\n<p>These 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, especially once one gets beyond the top few cryptocurrencies like Bitcoin and Ethereum (which is a separate entity from Ethereum Max).<\/p>\n<p>The Slate article, however, is co-written by the journalist Jacob Silverman, an author who is in the midst of writing a book about crypto fraud. Silverman has a lot to say about big tech and shares a lot of anti-capitalist views across a number of his editorials. The author Silverman has also written \u201cTerms of Service: Social Media and the Price of Constant Connection.\u201d<\/p>\n<p>McKenzie too seems to believe that the crypto world is riddled with scams and so-called \u201crug pulls.\u201d But for celebrities, to add hype to these types of speculative investments, is a bit over the top in his opinion.<\/p>\n<p>\u201cCelebrities are encouraging their fans to gamble on speculative, unproven investments that may soon see a major regulatory crackdown, if not an outright implosion of the market,\u201d McKenzie emphasized. The actor\u2019s scathing critique of his fellow celebrities concluded:<\/p>\n<p>If celebrities care about what products they promote, they should think twice about putting their support behind these companies. Crypto and blockchain technology may yet have important roles to play, but the industry executives, venture capitalists, and, yes, the rich and famous people pushing these products haven\u2019t earned your trust \u2014 or your money.<\/p>\n<p><em><strong>What do you think about Ben McKenzie\u2019s opinion editorial concerning celebrities shilling crypto projects? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nNews, \u201cThe O.C.\u201d star, Ben McKenzie, Bitcoin, Celebrities, Celebs, 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<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former teen soap star from the popular television series \u201cThe O.C.,\u201d Ben McKenzie, has called out his fellow celebrities for shilling specific cryptocurrency projects. McKenzie calls the trend a \u201cmoral disaster\u201d and he\u2019s named a bunch of celebrities that have shilled a few crypto projects to their loyal fans. \u2018The O.C.\u2019 Star Ben McKenzie Writes&hellip;<\/p>\n","protected":false},"author":0,"featured_media":12997,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-12996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/12996"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=12996"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/12996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/12997"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=12996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=12996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=12996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}