Welcome to BitBoy Crypto!
My name is Ben.
Still recovering from my bronchitis here.
But you know what? I want to get on here make a video
because something extremely important has just happened.
We've got two things going on right now.
They're absolutely humongous you're going to want to hear about.
One of them is something I've been talking about for a long time.
Almost ready to talk about it.
I can't wait.
And then, also,
we're going to be talking about why the timing of all this is so historically great.
Okay?
We have two things going on right now in politics that I think you definitely have to know about.
No. 1 is Elizabeth Warren is trying to create her own hard-nosed crypto regulation.
Hard-nosed
Remember,
who was--
you know, there's some connections there between Gary Gensler and Elizabeth Warren.
Isn't it almost like Elizabeth Warren is now standing in as the patsy for SBF
now that he's gone out of the picture with Gary Gensler?
And Elizabeth Warren may be the one that hands the keys of crypto over to Gary Gensler.
Well, I don't think that's going to happen, guys.
It's very dangerous to think about Elizabeth Warren being a person who's in charge.
She's a constant crypto hater,
has been from the beginning.
She uses this tired narrative of,
"Oh, well, it's for criminals. $500 billion owned by the Mexican cartel."
But we don't want to approach that.
We don't want to approach all the money laundering,
the $90 trillion insolvency hole with FIS?
Guys, you can't trust these traditional people with the money.
You actually cannot.
So this is a very, very bad thing.
What a coincidence.
I've been telling you guys about the mainstream media is dead.
Right as Elizabeth Warren puts this out,
okay, yesterday,
today, The Boston Globe,
she's from Massachusetts,
Boston Globe puts out a report.
Did you know Caroline Ellison, she had such a bright, promising future?
Such a smart math whiz.
Everything right in front of her.
And then crypto!
Because crypto is the problem.
Crypto is the problem.
Not SBF.
Not centralization.
Not theft. Not fraud.
Right?
All those are already crimes. I don't know if you know that or not.
They're on the books.
Wire fraud, RICO charges, racketeering, counterfeiting---
all this is coming for them.
But now they're trying to make Caroline seem like she is the--
the queen for the day as we've been talking about
as she is going to be the person who is most likely going to flip.
And they're already working in overdrive with the mainstream media.
Mainstream media, you're dead.
You're dead.
Nobody needs to turn on the mainstream media.
Don't even--
when you see these fluff pieces,
don't go read them.
Don't even--
don't even go click.
I'm doing my New York Times crossword puzzle.
If you got The New York Times crossword puzzle on your phone,
delete that mug.
We're getting rid of it.
It's time to step into the future where your news is decentralized.
Faster as well.
Kind of like blockchain.
So, I know my hair's a mess, guys.
I've been in the bed all day.
Except for when I got to do the last video.
But, guys, this is great timing.
Because we have the bill that's going to fight Elizabeth Warren.
That is going to change everything in the world of crypto.
We do believe we have bipartisan support.
Got a big announcement.
Big announcement is we officially got the money for registration
to register the bill in tonight in our political action committee bank account.
It should clear in the morning.
But it has been transferred.
This means tomorrow we can register the bill.
And this means that--
I don't know the exact timeline.
Two, three weeks maybe, hopefully,
we will finally, finally be able to come out with this.
And you guys are going to see what we've been doing.
I got a feeling, over the next two weeks,
you all are going to know a little bit more about what's really been going on
and why I've had to keep my mouth so quiet.
[chuckles]
Guys, I need to do this thing, right?
Like, I don't know if you guys know.
I went to the cryptocurrency subreddit today and made a post.
Although nobody believed it was me at first.
But, you know, I really want to talk about some things that I know that I did wrong,
some things I know I made some mistakes on,
and, you know, just kind of explain my side, like, you know,
drives me insane people call me a pumper and a dumper.
I've never done it on this channel ever.
Some teams probably did.
Well, I know that they did.
I've seen it. They made it look like it was me.
But the point is, I've never done it.
There's no on-chain evidence of anything like that.
There, you know,
Zach found the one undisclosed video. We talked about that the other day.
And it was an oversight by NFT Alpha. It was NFT Update at the time.
They apologized.
We're giving away the money. We gave Zach $10K.
Gave $5K to--
we're in the process of a $5K giveaway.
Check it out on Twitter.
But the point here is this.
We haven't done anything that were--
we've done some things that I made some mistakes on.
We've never done anything that was malicious. You know?
And I wish I could go and do some of those things back.
And so--
and on that cryptocurrency subreddit, I thought it was like 90%,
80-90% probably hated me.
It's close to like 99% over there.
They really, really do not like me over in the cryptocurrency subreddit.
But you know what?
I went in there.
I faced them head on.
And I want to, you know, continue to answer some of the questions from that post.
If you guys want to check it out, go to cryptocurrency subreddit,
and you can look for, you know, BitBoy.
Just search BitBoy.
You should be able to find the post, I think.
I tried to get verified there so I can do an AMA.
And they have their own coin over there.
Moons
I remember reporting on it,
but I haven't been over there since they had it.
It's something that people really like over there in the cryptocurrency subreddit.
So we're going to be trying to pay a little more attention.
We're trying to just make some more inroads because
we've got to all work together.
Like, if we are really going to send this--
we're going to get crypto to a place where people are not constantly getting hurt
to where we are able to really achieve the dream of decentralization.
Not fully. There's no such thing as fully decentralized,
but at least closer than the system that we live in now.
You know, I think it's going to be good.
I think it's the only way we save ourselves from The Great Reset.
I really believe that.
Crypto Crow put out a video on that today.
I'm not going to dive deep into the rabbit trails like he did,
but, I mean, the fact is, guys, open your eyes.
Like, technocracy is here.
See what's going on with the Twitter files.
We all have the same general philosophies.
Some of us do things differently.
And some of us grow. And we mature and we make mistakes.
And I think this is really a time in crypto,
as the collapse of FTX and the contagion spreads,
it's really time I think that we drop a lot of the petty disagreements.
And I think if you look at people in crypto and you believe that right now
they're doing the right things and they're doing good,
you don't necessarily--
kind of like Tether.
I think Tether is doing the right stuff.
I don't think they did.
I don't think they did the right stuff.
They're doing the right stuff now.
I believe. I think Binance might be in that same boat.
I don't know the history of Binance in and out.
But what I will tell you is,
it's time to look at the people that are playing good roles and being good actors right now.
And this is who we have to fight with.
And this is who we have to move forward with,
if we're never going to achieve any of the things that we want to achieve.
So, you know, it was a little cathartic for me to go in there and write that
because I know those people, they really hate me.
Hate,
hate does not bother me.
Misportraying me does.
I like, like,
I'll own we promoted some projects and a couple of them rug pulled.
Like, it sucks.
Maybe few. Maybe four or five. It was awful.
Very embarrassed by it.
Obviously, we gave some money back on some of it.
But the fact is, is that
we never pump and dump.
We own what we own.
But I'm not going to own things that I did not do.
I'm just not going to do that.
And you could really look at that with common sense and say,
"Well, he's admitting to this. Why is he pushing back so hard on this?"
Because there really is this idea out there on the internet,
you guys know if you're in the BitSquad. You see what people say about us.
It's just not true.
It's just not true. It's never been true.
So the point is,
we've all got to come together.
We've got to work together.
We've got to forgive people who have made mistakes in the past.
It's an emerging technology.
The regulation has not been there. The clarity is not there.
People do that in '17. They had no idea what they could and cannot do.
By the time 2021 hits, 2020, we know, like, definitely want to do disclosures,
definitely don't want to pump and dump.
You know, like some other people in 2017 were doing.
I got caught red handed.
Some people after that as well.
But the whole thing is, is that
we just have to forgive and move on for people that are trying to do the best in the space.
And I hope that's my message that's received from that.
So I may be showing up over there a little bit more.
You know, maybe as we get closer to doing our bill.
I'm sure there'll be some people that would be interested over there.
Look, guys.
If you know people are going to take this mindset that I wrote the bill,
so they're not going to support it,
that's insane.
Like, I hope you understand how crazy that is.
If they don't like it on the merits of the bill,
I don't see how.
I mean,
I mean, there are some angles where some people could have some issues, I think.
We're not going to get 100% agreement.
I think we'll probably get, like, 80% agreement in crypto behind this.
But I think even if you let me explain what we plan to do with the bill
and how we plan to shape language over the coming months
to fix some of the things that might be pushed back,
which will make more sense, you know, in a couple of weeks
when I tell you what's going on,
you know.
We'll do that. And I think we'll get more than 80% of crypto behind what we're doing.
Unless those, you know, FTX bot armies come hit us up.
Also, guys, you know, lastly I would like to say
we are organizing protests in the Bahamas
to potentially, we've been told by people on the ground there,
if we go there and put enough pressure on the government
that they will arrest Sam.
It's going to be a Bahamas arrest.
It's not going to be United States arrest.
So, ultimately, it's not the exact result that we're ultimately aiming for,
but it's a first step.
It's something to get the ball moving.
And so this is what we're going to be doing.
You know, I'm not going to tell you when.
We can't tell them when we're coming.
But if you do want to know more, you can go scroll through my Twitter.
If you go to Twitter,
and you search, like, you know, BitBoy_Crypto Bahamas,
you'll probably be able to find it.
What we need from you guys is basically send an email to
BahamasForever@BitBoyCrypto.com.
Explain to us where you lost money at, whether it was Celsius, FTX, even LUNA,
even LUNA,
I'll allow it, alright?
Voyager
Because it all kind of started from the same place,
if you know what I mean.
The place where we're going to go protest.
So if you lost any money,
tell the story about how you lost your money,
or how much it was,
give us a screenshot of proof you have an FTX account.
An email, no personal information.
I don't want to see your addresses.
I don't want to see your name or your phone number.
Your name, obviously, if we're going to have to--
if we're going to have to fly you down, then we're going to have to know your name.
But your name's okay,
but anything beyond that, you know, crop out.
We just need to see that you have an account in one of these places.
We don't want people just rolling down here who don't have vested interest
and they just want a trip to the Bahamas or whatever.
So we're vetting everybody who's going to be going with us.
And we're really excited about this.
We think this is going to actually produce some change.
Now, I went down to the Bahamas, tried to interview Sam.
It didn't happen. You know?
We're supposed to interview Deltec Bank. We're still in talks with them.
Hasn't happened yet.
So, I mean, Deltec Bank better be ready
because we're going to come back at them while I'm out there.
You know, to try to secure that interview.
So we got some stuff over down the Bahamas, but we didn't get the ultimate goal,
which was the interview with Sam.
At this point, he's given interviews to everybody else.
We know he's not going to interview with me at this point.
So if we can go down there and play a role in him getting in custody,
I think that'd be a big win.
Whatever it is, we're raising awareness and we're showing people we're tired of this
and we're not going to stand for anymore.
This stock market 2.0, traditional finance 2.0,
your Kevin O'Leary's,
your Sam Bankman-Fried's,
your Dan Friedberg's,
okay?
They're gone.
We're not letting these people in anymore.
So we're going to start making a change. We're going to send messages to these people
that it doesn't matter how much money you have.
You know? He was a billionaire.
"Billionaire"
Now, he's a millionaire.
Oh, now, I hear he is a three-hundred- dollarnaire actually.
And his lawyer, which was Maxwell's lawyer and also El Chapo's lawyer,
which both of them were found guilty, by the way,
just saying,
his lawyer actually is $345 an hour, I think?
So, what does that mean?
That means Sam doesn't have enough money to pay him
if he's only got $300 in the bank.
So we'll see who's going to be footing that bill.
I'm sure it's not another offshore company that's outside of the FTX bankruptcy.
And also, you know, they will be having the hearings next week,
the Senate Bank Finance committee.
We may have some big announcements on that pretty soon.
Maxine Waters is leading the charge there.
They accuse her today of not asking him to be there,
which she asked him to be there already.
And she said, "No, CNBC is telling lies.
The subpoena is on the table. He better come."
We already know he's not going to come.
If he steps foot in the United States, he's likely going to get arrested.
I've been hearing rumors that the DOJ is potentially getting some stuff together.
I doubt it will happen before Christmas.
You know, probably after New Year's.
That's just the way kind of the world operates and the government.
They don't do that much in the last month,
especially as you get into middle of December and beyond.
So we'll see what happens.
I'm very positive. I think he's going to end up getting arrested one way or the other.
I think he's going to face charges.
The question is--
he's going to go to prison.
Question is,
who else is going to face them?
Who's going to get off scot-free?
We know Sam Trabucco, CEO of Alameda, he had made gigantic real estate purchases.
Even after he probably knew they were insolvent on, you know.
He quit I believe on August 25.
Lisa Edwards on Twitter,
she sent me something showing that the CEO of Genesis Trading, I believe,
and the CEO of Alameda, Sam Trabucco, former,
quit on the same day.
August 25. Pretty strange.
So a lot of stuff going on right now, guys.
I'm looking for next week is going to be so freaking exciting.
The rest of this month is going to be a very exciting month in crypto.
Price-wise or not--
and I've been trading with the BitLab Trading Suite, by the way, on Bitget.
You guys can sign up for Bitget.
I'll put a link down below, along with our policy Discord.
As soon as our bill's live,
I'm going to come in there and do a Q&A on our bill.
Hopefully in a few weeks or so.
But the whole idea is this,
is that Ben used them.
I'm still trying to get a handle on it.
I'm probably not as good as Frank using those yet.
But, you know, starting to get it figured out.
So we'll see what happens.
I might get back into trading. I got it on my phone easy.
So we'll see what happens.
Risk management
Make sure that you use risk management.
Stop losses
I use stop losses.
I had been caught in between like a $300 range all day.
It just hasn't moved.
So I've been waiting for some confirmations that it's going to go up or going to go down
to figure out, you know, what I need to do in my next move.
But, you know, I definitely think trading,
it's getting my blood flowing right now a little bit.
So we'll see what happens.
And I'll be back in studio tomorrow unless I die tonight.
That's all I got.
Be blessed.
BitBoy out.