Joe Rogan enjoys an average of 12 million listeners on average for each episode of The Joe Rogan Experience. The host essentially covers the hot news related to politics, technology, wildlife, and also American sports. In a recent episode, Rogan gave his view on famous personalities endorsing the company.

The podcast host initially defended the celebrities for their lack of knowledge, but his guest explained their greedy motive behind it.

Joe Rogan questioned the reason behind celebrities endorsing FTX

The Former Fear factor host failed to understand how celebrities fell prey to the FTX scandal, which is still being unearthed. The “Ponzi scheme” convinced many investors to subscribe to cryptocurrency due to the involvement of celebrities.

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In episode #1899 of the Joe Rogan Experience, guest Yannis Pappas didn’t hide his feeling on the matter. He said “At the very least, It’s the same negligence and lack of due diligence, that the celebrities that endorsed companies like this… didn’t do”

The stand-up comedian defended the celebrities, who weren’t aware of the company’s scheme until much later. He asked, “Well, how could they know?… If you’re a celebrity… just like play devil’s advocate…” “If you’re Matt Damon or whoever… Kim Kardashian.”

He stressed that in the modern world, bitcoins have gained legitimacy. The companies involved in bitcoin are involved in major financial activities and own the fact that they have invested in bitcoin. “People are making money with bitcoin, there’s bitcoin billionaires. There’s Coinbase, which is apparently doing very well… There’s bitcoins that are sponsoring sports.” Joe Rogan stated and asked, “So… How would they know?”

Yannis Pappas really burst his bubble with some harsh wisdom

Pappas answered, “Maybe if they turned off their greedy f*cking hat for one second and asked some f*cking questions about what’s actually going on, they woulda known.” “Be like ‘What actually is this?’” and spoke about how he was aware of this due to his intuition.

Celebrities like Tom Brady and Gisele Bundchen are among those who openly endorsed FTX. These are vast entities that have millions of followers and can influence people to mass purchase products.

“But, they didn’t. They said ‘Oh, he’s offering me 30 million dollars, so I can endorse them. That’ll make people believe in it more and they’ll invest in it.” Pappas said predicting the strategies of the celebrities involved.

Joe Rogan finally admitted, “Yeah, it’s slippery. It is definitely slippery” 

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Do you stand for the celebrities who endorsed FTX?