Subscribe To Our Newsletter

    Get the latest crypto news right into your email box. No spamming. We hate it too. Only pertinent news you need to know

    Latest News

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 2022

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 2022

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 2022
    Facebook Twitter Pinterest LinkedIn
    RareHippo – Crypto, Bitcoin, Blockchain News & Views
    Facebook Twitter Pinterest LinkedIn
    • Home
    • Bitcoin
    • NewsWire
      1. Latest News
      2. Top Stories
      3. Features
      4. What’s Hot
      5. Must Read
      6. Trending
      7. Spotlight
      8. Editors’ Picks
      9. View All

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      El Salvador’s Companies Barely Bother With Bitcoin

      March 19, 2022

      New Jersey legislation aims to prevent public officials from being gifted NFTs

      March 18, 2022

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Crypto’s Preferred Currency for Political Donations Isn’t Bitcoin. It’s Dollars

      March 19, 2022

      Meta Sued by Australian Watchdog Over Scam Crypto Advertisements

      March 18, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      Two Senators propose crypto legislation for tax exemption on capital gains

      May 1, 2022

      Wall Street Reluctantly Embraces Crypto

      May 1, 2022

      Warren bill draws outcry over broad terms, but seems unlikely to pass

      March 20, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Russia-Ukraine War Is Bringing Out the Good, Bad, & Ugly of Cryptocurrencies

      March 18, 2022

      The ‘world’s most advanced’ digital human wants you to buy her NFT art

      March 15, 2022

      FTX crypto exchange wins license in Dubai to open regional headquarters

      March 15, 2022

      Crypto Startup Founded by Ex-Meta Employees Raises $200 Million

      March 16, 2022

      U.K. Crime Agency Wants to Regulate Crypto Transaction Mixers

      March 15, 2022

      A Wall Street Quant Turns His Crypto Firm Into a Unicorn

      March 14, 2022

      Standard Chartered’s crypto custodian to help clients earn yield on token holdings

      March 14, 2022

      Man passing as UN affiliate convicted for crypto scheme

      March 18, 2022

      The Future of Crypto Is Boring — and Bright

      March 15, 2022

      Investors turn to crypto funds, companies as Russia-Ukraine crisis escalates

      March 15, 2022

      Binance Wins Crypto Licenses From Dubai, Bahrain

      March 15, 2022

      Why Bitcoin’s Environmental Problems Are So Hard to Fix

      March 16, 2022

      Americans Want Crypto From Their Banks

      March 15, 2022

      Why Decentralized Exchanges Are Important in the Crypto Economy

      March 10, 2022

      Binance plots M&A spree as regulators scrutinize crypto trading unit

      March 10, 2022

      Amid New Executive Order, White House Director Sheds Light On Crypto Policy

      March 16, 2022

      Bitcoin Evangelist Saylor Tells Economists Why They’re Wrong

      March 15, 2022

      Crypto Mania in Texas Risks New Costs and Strains on Shaky Grid

      March 15, 2022

      Bitcoin’s scared of commitment, Mr. Biden

      March 15, 2022

      Coinbase Fixing Problem That Halted Payments From US Banks

      October 9, 2022

      Binance May Spend Over $1 Billion This Year on Deals, CZ Says

      October 9, 2022

      Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

      May 1, 2022

      Two Senators propose crypto legislation for tax exemption on capital gains

      May 1, 2022
    • Altcoins
      • Ethereum
      • XRP-Ripple
      • Solana
      • Dogecoin
      • Cardano
      • Shiba Inu
    • Topics
      • Cryptocurrencies
      • Investments
      • Markets
      • NFTs
      • DeFi
      • ETFs
      • DAOs
      • Crypto Regulation
      • Metaverse
      • Blockchain & Web3
      • Blockchain Gaming
      • Crypto Exchanges
      • Crypto Mining
      • Stablecoins
      • Cybersecurity
      • Digital Currencies – CBDC
      • Crypto Book Reviews
      • Technology
      • Internet of Things
    • Opinions
    • Explainers
    • Press Releases

      Former Uber LatAm Head of Policy Leads Crypto Ride-Hailer Drife Toward Planned Global Expansion

      March 7, 2022

      European index provider for crypto assets Vinter raises $3.4m funding

      February 22, 2022

      PR – British crypto processor brings in $60 million for expansion in Europe

      January 25, 2022

      PR – CoinMENA obtains 2nd crypt0 license from European Union

      January 25, 2022

      NFT investment specialist looks to acquire Pluto Digital for £96m

      January 24, 2022
    RareHippo – Crypto, Bitcoin, Blockchain News & Views
    Home»Cryptocurrencies»Why the hell is comedy genius Larry David flogging Cryptocurrency?
    Cryptocurrencies

    Why the hell is comedy genius Larry David flogging Cryptocurrency?

    By Kevin E G Perry
    February 18, 2022By The Independent5 Mins ReadNo Comments
    Facebook Twitter LinkedIn Pinterest Reddit WhatsApp Email Tumblr VKontakte Telegram
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email LinkedIn Tumblr Telegram

    With a documentary about his life coming to HBO, the ‘Seinfeld’ and ‘Curb Your Enthusiasm’ creator is a wildly successful elder statesman of comedy. So what’s he doing advertising cryptocurrency? 

    There are few people who have had such an outsize influence on TV comedy as Larry David. It’s only fitting then that one of the medium’s true geniuses is now getting the full HBO documentary treatment. 

    Donate to RareHippo Now!

    The Larry David Story, set to air Stateside this March, will see David sit down with longtime friend and collaborator Larry Charles to talk about the early lows and many subsequent highs of his career. As an avowed fan of everything David has ever worked on, I’ll be tuning in quicker than you can say “Beloved Aunt”.

    Or rather, a fan of almost everything he’s ever done. Last weekend, during one of the Super Bowl’s many lavishly produced advertising breaks, my ears pricked up at the sound of David in ancient finery dismissing the inventor of the wheel with a pithy: “Eh, I don’t think so.” 

    The ad continued to race through great moments in history, with David as the eternal cynic trying to push back progress. He doesn’t rate the indoor toilet, has no taste for coffee and even pooh-poohs the humble fork, waggling his fingers and admitting; “I’ve got 10 forks right here, baby!”

    It’s a lark watching David hop through eras, but the final punchline isn’t so funny. At the end of the ad, modern-day David is pitched the Bahamas-based cryptocurrency exchange FTX. “It’s a safe and easy way to get into crypto,” it’s claimed. David isn’t convinced: “Eh, I don’t think so,” he says.

    “And I’m never wrong about this stuff. Never!” I wasn’t the only one taken aback when it was revealed what David, appearing in his first ever television advert, was actually selling. Among the many tweets calling him out, one Twitter user put it succinctly: “Not Larry doing a crypto ad…LARRY NO.”

    Of course, while the conceit of the clip is that David isn’t endorsing investing in cryptocurrency – sparing us the image of him grinning like a used car salesman and telling us to “Sign up now” – we all know that isn’t how adverts work. His presence and celebrity lend an air of respectability to a less than three-year-old company that desperately wants to be taken seriously.

    Larry David’s credibility – not to mention his immense fortune – runs deep. After starting out as a stand-up comedian and then briefly, thanklessly, writing for Saturday Night Live in the mid Eighties, he teamed up with Jerry Seinfeld in 1989 to create Seinfeld.

    Widely considered to be one of the greatest sitcoms ever made, it was also one of the most lucrative. In 1998, when Seinfeld was syndicated, David reportedly enjoyed a $250m (£183.6m) pay day. He has continued to earn money from the rights ever since, and the deal stipulates he will do so until a full $1.7bn (£1.24bn) has been paid out.

    In 2019, Netflix picked up the Seinfeld streaming rights and David again pocketed somewhere north of $100m. It’s hard to read those figures without also hearing David’s deathless catchphrase: “Prett-ay, prett-ay, prett-ay good.”

    While Seinfeld may have made David the sort of money that would entice many to buy a private island somewhere hot and disappear from public life altogether, he was made of more ambitious stuff.

    A decade after creating Seinfeld, he returned as the creator and star of Curb Your Enthusiasm, another all-time great sitcom. It has now run for 11 seasons, two more than Seinfeld managed, and seen David crowned as America’s favourite misanthrope.

    David’s brutal pessimism is key to the FTX advert. What is less clear is this; If David is willing to lend his name to a cryptocurrency exchange, is he also happy to be paid in the stuff?

    Turning to an in-depth ‘making of’ feature about the advert in the The New York Times, we learn from the headline alone that: “Larry David Doesn’t Get Crypto”. I don’t know about you, but if a salesman wasn’t prepared to use their own product I’d certainly think twice about using it myself.

    David isn’t interviewed, but director Jeff Schaffer – a veteran of both Seinfeld and Curb Your Enthusiasm – was happy to talk. “I’m excited to have someone try to explain it to me at some point,” Schaffer said, laughing, when asked to explain exactly what it is they’re selling. Times writer Tiffany Hsu notes: “Needless to say, he was not paid in virtual currency.”

    Schaffer adds: “That’s what I should have done – then I would understand it. Maybe. Or I would simply lose it all.” Yikes. It seems safe to assume that David was similarly recompensed in old-fashioned, real-world currency.

    With a documentary about his life coming to hbo, the ‘seinfeld’ and ‘curb your enthusiasm’ creator is a wildly successful elder statesman of comedy. So what’s he doing advertising cryptocurrency?  
    Larry David, as seen in the Super Bowl advert for cryptocurrency FTX(FTX)

    David is far from the only A-list star to have taken a pay day from the burgeoning crypto industry, with both Matt Damon and LeBron James appearing in similarly themed adverts. Something all three have in common is enough cold hard cash in the bank not to be too concerned if any cryptocurrency investments end up going sour.

    That’s probably not true when it comes to the majority of the 112.3 million people who watched the Super Bowl. For most of us, putting our money into an unregulated currency that’s hard to use and so vulnerable to scams that an “occasional magician” recently stole $4.5bn worth of the stuff represents a “prett-ay, prett-ay, prett-ay” big risk.

    That’s before you get into how utterly disastrous it is for the environment, with cryptocurrency now using up nearly as much electricity as Argentina. It all adds up to a bad look for a man already a multi-millionaire many times over, but David is once again laughing all the way to the bank – not to a Bahamian cryptocurrency exchange.

    Crypto news & Views

    Read full story on The Independent

    Adoption News Cryptocurrencies
    Previous ArticleRussian authorities clash on plans for crypto regulation
    Next Article Decentralized wireless network Helium raises $200 million: report

    Related Posts

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 20221 Min Read

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 20223 Mins Read

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 20224 Mins Read

    Two Senators propose crypto legislation for tax exemption on capital gains

    May 1, 20225 Mins Read

    Wall Street Reluctantly Embraces Crypto

    May 1, 20225 Mins Read

    Warren bill draws outcry over broad terms, but seems unlikely to pass

    March 20, 20225 Mins Read
    Add A Comment

    Leave A Reply Cancel Reply

    Donate to RareHippo Now!
    Latest News

    Coinbase Fixing Problem That Halted Payments From US Banks

    October 9, 2022

    Binance May Spend Over $1 Billion This Year on Deals, CZ Says

    October 9, 2022

    Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning

    May 1, 2022

    Two Senators propose crypto legislation for tax exemption on capital gains

    May 1, 2022

    Wall Street Reluctantly Embraces Crypto

    May 1, 2022
    Follow US & Win Prizes
    • Facebook
    • Twitter
    • LinkedIn
    • Pinterest
    Don't Miss
    Crypto Exchanges

    Thailand’s Gulf Energy to seal crypto JV with Binance in Q2

    February 4, 20222 Mins Read

    Thai power producer Gulf Energy Development Pcl expects to finalise a joint venture (JV) with…

    AscendEX loses $80M following a hot wallet compromise

    December 12, 2021

    Gwyneth Paltrow Wants To Gift You Bitcoin This Holiday Season

    December 21, 2021

    CryptoWire introduces IC15, India’s first global index of cryptocurrencies

    January 3, 2022

    Subscribe to Our Newsletter

    Get the latest crypto news right into your email box. No spamming. We hate it too. Only pertinent news you need to know

    Crypto news & Views
    Facebook Twitter Pinterest LinkedIn
    • Home
    • Privacy Policy
    • About Us
    • Donate to RareHippo
    • Get In Touch
    • NewsWire
    © 2023 RareHippo. Powered by 8 Dimensions

    The content of this website is for informational purposes only and is not intended as a substitute for investment or financial advice.

    Type above and press Enter to search. Press Esc to cancel.