Ben Armstrong warns that the traditional banking system is turning on itself and allowing community banks to fail to create a consolidated market. Read more.
- Ben Armstrong warned that the traditional banking system is turning on itself and allowing community banks to fail.
- The popular crypto influencer said the system wants “3-4 major banks.”
- Armstrong’s comments underscore the ongoing tensions between traditional banks and the crypto industry.
Prominent crypto enthusiast Ben Armstrong, better known as BitBoy Crypto, took to Twitter to express his concerns about the direction in which the traditional banking system is headed. He warned that the system is turning on itself and allowing community banks to fail.