Hello.
Welcome to BitBoy Crypto!
My name is Ben.
Tonight, we're going to be doing a State of the Union.
That was me dropping my Gucci.
That was me throwing a Gucci.
Guys, we're going to talk about the State of the Union of BEN coin tonight,
also known as State of the UnBEN.
That was a terrible joke.
Terrible joke.
When I tell myself it's a terrible joke, you know it's really bad.
So, really, there's so much to cover. I'm going to try to do this briefly.
I'm going to try to do this as short as possible and just keep it concise and compact.
So, basically, if you don't know what happened,
there was a coin called BEN coin,
and BEN coin was founded by a guy ben.eth.
I had nothing to do with the sale.
I had nothing to do with the creation of the coin.
I didn't even know there was a sale.
There's a place on Twitter where I said, "There was no sale."
I was wrong. There was.
I didn't even know.
And, you know, basically,
it's been a long series of events, if you haven't been following on Twitter,
but there came a point where I realized that the project had to go to different hands.
And the reason for that is because the founder is not publicly doxxed
and that he didn't have the liquidity locked.
And he had about 20, a little over 20% of the supply.
Now, he was using this for liquidity and he was earning yield on it,
and he was doing pretty well with that,
but, for me, it was like,
the community just has to have that assurance.
Whether or not he was going to rug or not,
and, like, you guys know, he's probably--
he's done a second project now.
But whether he would rug or not, that doesn't matter.
What matters is the assurance that the community would know
that he couldn't possibly rug pull his coin.
I started thinking.
So I flew to London.
I flew to London from Estonia.
NFT Tallinn was great.
We're going to put my talk that I had with regulators up there
on the channel at some point.
I had no WiFi.
Now, the plane said WiFi, but the flight attendant said,
"Oh, you think that means you have internet? No, this is just so you can order meals."
2023
And I went to London.
And on my way to London,
it was about a two, a little over two-hour flight,
no internet,
just me and my thoughts.
And if you've ever been with my thoughts, I mean, they're dangerous.
They're really scary.
I just kept thinking
the direction that this project can go in
under the right leadership
is unbelievably amazing.
I just kept thinking,
you know, as an influencer and a person in America here, like,
I can't just start a project.
But dang right, I can change the leadership of one.
And I think that what you guys have to understand is this a process.
There are several things that have to be done?
Ben agreed.
The other Ben, he agreed that-- he was willing to give it up.
And so what happens is, is that, you know, we've gone through a process of negotiating.
The deal is set.
There is--
a transfer of funds has to occur in person.
I'm hoping to get it done on Monday.
Hoping to go out--
after the show Monday,
go out to, you know, go to where he is,
wherever he is,
you know, maybe we meet somewhere
and get this done.
And, you know, obviously, we don't want to use an escrow.
We just want to go and have it done in person.
So,
the future, let's just talk about the future.
Now, this is pretty much a done deal.
I have zero reason to believe this isn't going to happen.
There's a few steps that have to happen in the middle,
which is there has to be, you know, an audit,
which we just got the, you know, information from the audit back.
So that's pretty much done at this point.
There has to be, you know, a few other things that have to occur.
I put them on Twitter.
then, at that point,
we can all move forward,
and I can start giving you guys the roadmap for this project,
what's going to happen.
I'm going to tell you what I believe.
Well, first, thank you to our sponsor Stake.
Guys, Stake is such a great partner.
We love Stake absolutely.
And you may be sitting there thinking,
"Oh, my gosh, well, you should try to get BEN coin on Stake."
Those conversations have already been ongoing.
That's what I will tell you, guys.
I can't say for sure that it's going to happen,
but I can tell you that that dialogue process has been started for sure.
So, you know, it'd be so great to see Stake and, you know, to see BEN coin end up on Stake.
The future of this project I believe has the potential to be a top 10 project.
I really believe that.
I can't guarantee it. I can't promise.
I can never guarantee you guys returns on anything.
What I can tell you is the direction of this coin is going to be so unbelievably amazing.
This is the adoption mechanism for the future.
Right now, I think it's sitting at about an $18 million market cap.
I believe what I'm about to tell you.
This is a multi-billion dollar market cap in the future.
The potential is there.
I can't guarantee it'll happen.
But the potential is there.
And when I lay out, not quite in detail, but loosely what we're doing,
you know, to push crypto adoption through BEN coin,
I think that you're going to start to understand why this is so important.
There are minimum four phases that--
four things that are going to be occurring with this coin, okay?
The liquidity pool,
the yield from the liquidity pool,
and you may be asking, "Oh, if you lock it, you can't make yields from the liquidity pool."
Well, there are third party services such as Fireblocks.
Yeah, you can.
A lot of people do it.
You can make it safe and earn yield.
That is a true thing.
The yields are--
I hope that we can kind of figure out a way to maybe make this into a non-profit
because this is not about profit.
This is not about selling coins for money.
First of all, the liquidity comes in in Ethereum, so it won't affect BEN coin at all.
And that Ethereum will be sold for the treasury of the company. Okay?
Now, there is a backer.
And, basically, the long and short of it is that 50% of liquidity pool goes to the other backer,
and 50% will--
of the yields, they're not in control of it,
but of the yields will go to the backer.
50% will go to, you know, the BEN coin side.
Now,
the four areas we're going to be pushing are going to be, No. 1,
decentralized news--
I'm going to tell you guys a secret that people don't know yet.
I'm going to be the first person to really talk about this.
Cointelegraph is going down.
I don't mean that because our news service is going to beat them. No, no, no.
Cointelegraph is literally going down.
They fired over half their staff last week.
And not only that,
but a lot of their staff members were not even paid their severances
because Cointelegraph doesn't have the money.
There are receipts.
There's evidence of Cointelegraph literally covering up rug pull after rug pull
from their paid promotions and their press releases.
It's funny they attack YouTubers and influencers whenever something goes wrong with a promotion,
but yet no company or person out there has done more paid promotions for scam projects
than Cointelegraph.
I will tell you that right now.
With Coin-tell-a-lie. There's a reason we tell them that.
Now, I'm trying to get the information.
I want the information.
What's been said to me is they want to give it to Coffeezilla, the people that have it.
So, anyways, if they send it to you, Coffeezilla, good, run with it.
But here's the news. That's the story.
Cointelegraph is going down.
CoinDesk, already worth nothing.
Everybody knows that.
Charles Hoskinson said he wouldn't pay more than a few million dollars for it.
The Block, paid $27 million by Sam Bankman-Fried.
Decrypt
Decrypt's pretty good.
I think I like Decrypt.
They may be the only major crypto news publication that, you know, I don't think is a scam.
And who knows?
There may be stuff that comes out from them.
We're going to work to create--
I want to call it a decentralized news service.
I'm not quite sure if it can be decentralized 100%.
We're going to have to see what that looks like.
We're going to create something that's unbiased.
Investigative work, okay?
News is one area so people--
Cointelegraph was started as a mouthpiece by early Russian Bitcoin miners
including a guy named Grisha Fishman.
He's the main guy who founded it.
You can't find this information, by the way, guys.
Look it up. You won't find it.
Nobody knows how Cointelegraph was started.
Nobody knows that it was all 1099 employees.
Okay?
So the point is, is that it was started just as a mouthpiece to manipulate crypto.
Okay?
No. 2,
No. 2 are public awareness campaigns.
So what we're going to be doing is we're going to be putting up billboards all over the place.
Times Square
I want to put an anti-Elizabeth Warren one in Boston.
I don't know the rules around that.
I want to take quotes from people on Twitter, put their avatar up and post it on a billboard.
I want to do TV commercials.
I want to do newspaper ads, if people still read those.
Why?
Public awareness
Now, this is not--
these are not advertisements for BEN coin
even though BEN coin will be mentioned on every one of these advertisements
as either a cash tag or sponsored by BEN coin or something like that.
But this is about breaking narratives, busting environmental FUD, okay?
About Bitcoin.
Busting the idea that all crypto is for scammers, okay?
Busting all these bad ideas, "It's bad for the environment."
All these ideas are false. Okay?
We're going to attack the banks.
We're going to attack banks on these billboards.
We're going to attack inflation.
We're going to attack Joe Biden.
We're going to attack anyone that's anti-crypto.
You're in our crosshairs in this public marketing campaign.
Think about this, guys.
Think about if we put up a billboard in Times Square that's anti-bank.
Really it--
you all know I'm aggressive.
I'm going to go as far as I can go.
And right there on this billboard, it says "sponsored by BEN coin."
You don't think people are going to write news articles about that?
You don't think a pro-crypto, anti-bank public awareness campaign
is going to--
you don't think it's going to make news everywhere?
So that's No. 2.
No. 3, government lobbying.
We're going to use part of the money to back pro-crypto candidates,
pro-crypto regulation.
We're going to back groups like the Satoshi Action Fund
by Dennis Porter, Jr.
We can send them money if they're already actively engaging in some bills.
We're going to go back to trying to create bills on the state level.
You know, for crypto, Bitcoin, the whole thing, okay?
It's funny.
We tried to raise money for this for a long time.
And this is the one that really got me excited about BEN coin.
We tried to raise money for this for a long time,
and we just couldn't.
Nobody wanted to give money towards a good cause.
However, with BEN coin,
if you trade the coin,
every time you trade it,
you're causing that money of liquidity,
the money in the liquidity pool to earn yield that's going to help crypto adoption.
Okay?
Think about this.
Going back to the ad campaigns and pro-crypto laws,
it's going to benefit all major cryptos.
Like, we're going to do pro-Cardano community billboards.
We're going to do pro-Ethereum billboards.
We're going to do pro-Polygon,
pro-ICP, like, pro-crypto, pro-individual coins advertising campaigns, okay?
Now, you think of the government side,
Cardano can be in the crosshairs of the SEC.
We are going to help fund regulation
that's going to keep them from getting in trouble, hopefully.
I mean, who knows?
You know, any coin that did a sale, obviously.
You know, the government right now, especially with the major ones,
are we're going to go after.
You saw it with Tron.
You see it with Binance Coin.
Obviously, we've seen it with XRP.
So we're going to do pro-XRP, pro-XRP Army billboards. Okay?
It's not just billboards. I keep saying billboards,
but there are going to be other types of advertisements,
maybe even commercials.
Maybe even your boy is going to star in his own commercial about the XRP Army.
How about that?
There's so many cool things that we can do with this. Okay?
So, pro-crypto regulation,
news, getting news unbiased in crypto,
public awareness,
and, lastly, strategic education.
You know, we're going to be using the resources we have here at BitBoy Crypto
that we have ourselves,
and we're going to be--
what I want is I want crypto education in schools.
I want accreditation on crypto learning tools.
We're going to push for those.
We're going to try to get those.
Not only that, we're going to make sure that, you know, like, Catching Up to Crypto,
my book, it's going to go into libraries.
Okay,? We're going to pay for it.
Now, you may be saying like, "You're buying your own book"
Okay. So here's the commitment.
We're going to buy my book by the hundreds.
We're going to put them in the libraries and school libraries
so people can understand crypto.
All the profits that we make from those sales, we'll do through wholesale,
we will put back into the project.
I'm not going to make a dime on it.
I don't want to make a dime on it.
I don't want to make a dime on any of the stuff that we're doing.
I want crypto adoption.
I don't want people to have to worry about going to prison
because they traded crypto.
I don't want people to go to prison because they work for a crypto project.
I don't want people to go to prison who make YouTube videos,
who make tweets.
I'm tired of it.
I'm tired of all this.
I'm tired of going in public and saying something about crypto or Bitcoin and somebody is saying,
"Isn't that a scam?"
No. Okay?
I'm tired of people getting misinformation from crypto organizations,
from news organizations.
Tired of it!
BEN coin is the adoption mechanism.
But BEN coin is how we fight and we work together.
It's a movement.
BEN stands for Be Everywhere Now.
It's more like-- let me say it like this.
It's be everywhere now.
It's time. It's time to cause crypto adoption to take hold.
And this is what BEN coin is.
You have a choice.
Either join the BEN Battle Battalion and keep sitting on the sidelines.
Be a puss.
That's all I got.
Be blessed.
BitBoy out.