Ben Armstrong Profile picture
#Bitcoin. #Ethereum #Cardano $XRP Crypto YouTuber, Creator of, Coach, Investor, & Husband.
Aug 5 22 tweets 8 min read
A Crypto Regulation/Legislation 🧵

I spoke with someone today deep in politics with contacts everywhere.

Here is a thread with what I think are the biggest takeaways from my conservation.

1/22 The @SenLummis/@SenGillibrand bill is a high priority right now. As we now have an additional bill by the Senate to declare $BTC & $ETH a commodity, it’s important to note the Responsible Financial Innovation Act is way more important in the battle between @CFTC/@SECGov

Jul 13 21 tweets 4 min read
Here is a 🧵 on what is going on with Celsius/lawsuits. This thread will address several things. I know everyone has been anxious, but here’s where we stand with legal actions.

What my lawyer and I decided best was a mass action arbitration.
1/21 I’m not a lawyer, so I’ll explain how I understand it. Basically @CelsiusNetwork TOS made a class action lawsuit likely to fail. But they made clear arbitration could be sought to negotiate a settlement. This is supercharged when multiple people submit together
Jun 17 7 tweets 2 min read
1/ Part VII: Final

If you can't see that we are tighter, more well-rounded, more responsible channel two years later then it’s simply because you don't want to see it Zach. And at that point it really does become clout chasing. 2/ I would like to settle our differences and see if we can help
the next round of entrants into crypto to avoid a lot of the pitfalls from the lessons we've learned. Who has a louder voice on crypto YouTube than me?
Jun 17 23 tweets 4 min read
1/ Part VI

So when they delayed the launch and we didn't receive our tokens, I didn't want other people to buy them based on the wrong information of launch date without the update. So I deleted it. Once again, trying to do the right thing. 2/ They were pissed at me for deleting it.
Jury is still out on that one I believe. It had a lot of very distinguished & reputable people on their team. But who knows maybe CEO scammed them to join. Sometimes it really can be one bad actor.
Jun 17 25 tweets 5 min read
1/ Part V:

In 2019, I got some advice from some much bigger YouTubers who felt sorry for me. They stressed to me that I should focus on giving my audience what they wanted instead of what I thought they needed. That's the key to YouTube's algorithm.
But the year is 2022. 2/ I have 1.45 Million subscribers. 70% of them came in last year near peaks in a bull market. Now's the time where I've had to mature and stop going to the well w/ what they want… but give them what they NEED. Which is a dose of BTC, ETH, & top alts primarily.
Jun 17 25 tweets 5 min read
1/ Part IV:

Then we secured a rental. Was too tiny for my family but was all we could afford. Literally zero yard in the back. Our kids weren't used to this. It was awful. They hated it. Our dogs had nowhere to run. 2/ It was like watching my entire family try to deal with a spatial handicap.
I promised my wife within 2 years, I would buy us a house with cash... while we were flat broke. Don't know how she did it, but she stuck with me and supported me the whole time.
Jun 17 23 tweets 5 min read
1/ Part III:

some of those time periods during 2020 & 2021 you honestly feel bad about some of the stuff you hypothesized about me. I really believe that. Because you were so off base at times it was funny. But you were always looking for the next big BitBoy scandal. 2/ So let's take a look at some of the unfair criticism starting with some assimilation of "Every coin BitBoy talks about drops to zero, look at these stats!" And of course a chart is shown with gigantic drops in values. So let's examine. Reference:
Jun 17 32 tweets 6 min read
1/ Part II:

Of course I did show one of your tweets on a livestream and zoomed it in so people couldn’t see your name. I really don’t like promoting someone who constantly attacks me with some absolutely provable false claims. Some legit criticism for sure. 2/ When you raised that one, one user pointed out that it was just a random trading view chart. You didn’t do anything original to it. But regardless, Coffeezilla brought all of this up in our interview. I said all the same stuff that I said above.
Jun 17 24 tweets 6 min read
1/ Part I:
This may be the most exhaustive 6 part thread in the history of Twtter. This is my open letter to @zachxbt. Maybe something comes from this, maybe it doesn't. But it’s time all this has to be said. 2/ Dear @zachxbt,

It's been a while my friend since you have used my name in a derogatory manner. Yesterday’s was pretty harmless, but I’ve been wanting to have this conversation with you for a while. You really have me all wrong."
Jun 16 21 tweets 5 min read
Quick thread on @CelsiusNetwork class action lawsuit developments for everyone. Obviously there are things I can't say, but I'll generally tell you where we stand.

Spoke with lawyers who assisted me in past and in on-going lawsuit (wouldn't you like to know lol) As of now we are going through all the disclosures, documents, loan details, etc. and connecting with A+ class action attorneys to find best path forward.

I'm not sure if you guys are aware, but discovered today that "restructuring lawyers" as Celsius & @Mashinsky have retained
Jun 15 15 tweets 5 min read

Our account rep at @CelsiusNetwork is @ronald_loh. He told us we had enough money in our account to pay off a loan. But we can’t use money in our account. We HAVE TO SEND CELSIUS MORE MONEY TO PAY IT OFF. Imagine an insolvent company that you can’t withdraw your money from ASKING YOU TO SEND THEM MORE MONEY.

Literally defies logic. So you may be asking yourself the question, “why would they not let you pay off the loan with money/crypto/stables that are already in your account?”