BitBoy, also known as Ben Armstrong, is a popular cryptocurrency content creator and influencer. He runs a YouTube channel called "BitBoy Crypto" where he provides news, analysis, and commentary on the cryptocurrency industry.
He has been active in the crypto space since 2012 and has built a large following of over 1.3 million subscribers on YouTube as of April 2023. He is known for his bullish outlook on Bitcoin and other cryptocurrencies and for his engaging and entertaining presentation style.
BitBoy has been involved in a few controversies throughout his career as a cryptocurrency content creator. One notable controversy occurred in 2021 when he was accused of promoting a pump-and-dump scheme for the cryptocurrency SafeMoon. BitBoy denied the allegations and stated that he had no involvement in any pump-and-dump activities. However, some critics argued that his enthusiastic promotion of the cryptocurrency had contributed to its price volatility.
Another controversy occurred in 2020 when BitBoy was accused of promoting a fake cryptocurrency project called "Bitconnect" that turned out to be a Ponzi scheme. BitBoy denied the allegations and stated that he had warned his followers against investing in the project. However, some critics argued that he had been too positive in his coverage of Bitconnect and had not done enough to warn his followers of the risks.
In the past, BitBoy has been both positive and negative about Shib. In May 2021, he stated that Shib had "zero utility" and was a "meme coin" that was not a good investment. However, he also acknowledged that Shib had a strong community and that its price could continue to rise due to market demand.
Later, in October 2021, BitBoy changed his tune and stated that he had changed his mind about Shib, calling it a "legitimate project" and stating that he had invested in it himself. He cited Shib's development of a decentralized exchange and a "Shib Army" community as reasons for his newfound optimism about the project.
