The cryptoworld has been stirred up recently with the appearance of Ben Armstrong, better known as BitBoy, in an interview with Donal Trump Jr. BitBoy has been investing in Bitcoin since 2012 and has become an influencer of sorts in this industry with his own book, Catching Up to Crypto.

The main topics of conversation were the ways that blockchain technology can be utilised and the various uses cases it can be put to. BitBoy gave examples of how our identities could be tokenised and blockchain could be used for verifying someone’s age, as well as other data. He further suggested that a 51% attack is the only way to attack the Bitcoin network, however this was found to be inaccurate, as there are other methods, including attacking the few developers who have access to the code or the re-awakening of Satoshi’s wallet.

The two men also discussed the regulation of cryptocurrencies. BitBoy identified the main obstacle to wider adoption of cryptocurrencies as the opposition of traditional financial institutions, financial watchdogs and even the combined efforts of tech giants such as Amazon, Google, Apple and Microsoft. He also suggested that political donations by these companies to Elizabeth Warren, a US senator, was the main reason for her opposition to banks and cryptos.

Unsurprisingly, BitBoy also managed to use this opportunity to promote the cryptocurrencies he owns such as GoodGensler, XRP, Ethereum, Cardano, ICP, Hbar, Algorand and Polygon. Lastly, he claimed that Sam Bankman-Fried and his project, FTX, were too big for anyone else to have predicted the collapse of this company, except for himself.

In conclusion, this interview was yet another instance of BitBoy’s fame and influencer status to promote his projects, as well as educate the public about cryptocurrencies. However, his advice and opinions should be taken with a pinch of salt, due to his lack of expertise in the field and his attention to detail.



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