Everything is Fine (Coinbase musical ad)
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Coinbase's UK musical ad hits a nerve — sparking debate from crypto fans to founders
CNBC· 2025-08-04 08:48
Core Viewpoint - Coinbase's recent musical advertisement critiques the U.K.'s economic challenges and cost-of-living crisis, sparking significant discussion within the business community and online platforms [1][2]. Group 1: Advertisement Reception - The ad titled "Everything is Fine" has received praise from fintech, crypto, and venture capitalists, who resonate with its message about the U.K.'s declining situation [2]. - Some industry figures, like venture capitalist Michael Jackson, expressed concern over the U.K.'s bureaucratic environment and declining quality of life, highlighting issues such as incompetent politicians and ill-conceived policies [2]. - Conversely, there are critics who view the ad as self-promotional and argue that it misrepresents the reality of the U.K. [3]. Group 2: Content and Messaging - The advertisement opens with a humorous tone, featuring lyrics that contrast the cheerful presentation with images of urban decay, including rat-infested streets and high supermarket prices [4]. - A notable scene depicts a shopper purchasing fish fingers priced at £100 ($132), while a typical pack costs around £3, emphasizing the exaggerated portrayal of economic conditions [5]. - Coinbase's statement regarding the ad emphasizes the need for an updated financial system in the U.K., asserting that if everything is fine, no changes are necessary, but the current system fails many [5].