Celebrities Who Promote Cryptocurrency: A Moral Conundrum?

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Celebrities who promote cryptocurrency in the same way they would market Nike shoes and Tesla cars may lack an understanding of just how harmful this undifferentiated approach can be to ordinary people, including their fans. According to Allied Market Research, the worldwide crypto market was valued at $1.49 billion in 2020. However, the report goes on to estimate that the market will reach a value of $4.94 billion by 2030. This is an illustration of crypto’s potential for profit and immense value, but it does not account for the elevated risks involved with trading, buying and selling cryptoc…

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