Bitcoin Advocate Faces Controversy: BTC Promoter’s Ayahuasca Use Sparks Debate

• Entrepreneur Chris Pan, a commencement speaker for the Ohio State University class of 2024, has faced criticism for promoting Bitcoin and crypto during his speech, which he admitted to writing while high on ayahuasca.
• Pan argued that Bitcoin is a misunderstood asset class and encouraged the audience to keep an open mind about it, but his comments were met with boos and negative reactions.
• Despite the backlash, Pan stands by his statements, believing that Bitcoin is the future and that his advice will eventually be recognized as valuable.

Entrepreneur Chris Pan faces backlash for promoting Bitcoin during his commencement speech at Ohio State University, which he admits to writing under the influence of ayahuasca.

Controversial Commencement Speech Promotes Bitcoin

Chris Pan, an entrepreneur and commencement speaker for the Ohio State University class of 2024, has come under fire for promoting Bitcoin and crypto during his speech. Pan admitted to being high on ayahuasca, a plant-based psychedelic, while writing his speech. The entrepreneur argued that Bitcoin is a misunderstood asset class and encouraged the audience to keep an open mind about it. However, his comments were met with boos and negative reactions from the audience.

Bitcoin: A Misunderstood Asset Class

In his 17-minute speech, Pan discussed financial literacy, arguing that saving alone is not enough to own a home and live comfortably. He encouraged the audience to learn to invest, stating that great investors are open-minded and understand things before other people. Despite the negative reactions, Pan stands by his statements, believing that Bitcoin is the future and that his advice will eventually be recognized as valuable.

Backlash and Criticism

Following his speech, Pan faced heavy criticism from alumni, parents, peers, and graduates. Many commented that the speech sounded more like an ad for crypto and Pan’s business, rather than a commencement speech. Despite the backlash, one person defended Pan, arguing that people will eventually recognize that he was giving valuable advice, as Bitcoin is the future.

Conclusion

While Pan’s speech was controversial, it highlights the ongoing debate about the role of Bitcoin and crypto in the financial world. As digital currencies continue to gain traction, it’s likely that these discussions will become increasingly common. Whether Pan’s advice will be seen as forward-thinking or misguided remains to be seen.