Ripple CTO David Schwartz a short while ago weighed in on the controversy surrounding crypto blogger Ben “BitBoy” Armstrong’s announcement of joining the BEN coin crew.
In a current tweet, BitBoy exposed that he, BEN and a third crew member will be directing the undertaking, which is at the moment currently being converted into a outstanding financial coin. According to Armstrong, the undertaking aims to appeal to good awareness and awareness to help the use and acceptance of cryptocurrency, in the new sense of BEN, which stands for “Be Everywhere Now”.
The announcement has produced controversy in the crypto local community, with some members expressing considerations about the legitimacy of the undertaking. One local community member even stated that it was “100% a sled dog.”
In response to this complaint, Schwartz asked for clarification no matter if local community membership meant the rug would be pulled in the long term or if BitBoy Joining the crew in itself was a tricky factor. Schwartz extra that he agrees with one particular of people, with out specifying which.
Do you indicate the rug will be pulled in the long term? Or do you indicate that Bitboy joining the crew is an attraction in itself? Because of one particular of people items I surely agree.
– David “JoelKatz” Schwartz (@JoelKatz) May 10, 2023
However, as Schwartz himself more explains, his statement was a joke.
What is BEN coin?
BEN is a token that came out much less than a week in the past for the duration of the meme season, designed by the good results of pepe coin (PEPE). Token marketing and advertising has, until finally a short while ago, been connected with the use of the title and picture of the speaking canine named Ben from the game of the very same title. Since its introduction to the industry, BEN has accomplished a industry capitalization of thirty million USD and practically 14,000 holders.