Crypto people we love y'all. Just by being here with us all on the heaven sent Publish0x, y'all are lifting the fate of humanity & money on a new path. In the words of the Chainsmokers 
thank y'all and take care of yourselves, it's a marathon not a sprint and we need u.
The world needs the FT on the right side of crypto history, too, but we ain't there yet. Join us as we change the fabric of the FT cypher coin coverage, one sh-tpost and one dear reader click at a time. :)
Dear readers know the real crypto story is the news the FT JUST WON'T PRINT. Which is hilarious as the FT is now cranking up marketing their crypto news! So is the Nexo newsletter and they are a lot more honest.
We all laughed at the FT for not mentioning TURKEY LOVES BTC, the ref used a Bitcoin for the coin toss between Besiktas and Fenerbahce in Istanbul. Dear readers remember the coverage of tha plight of the Argentinian finance minister sitting on the electric chair of 60% + inflation. We laughed as to the FT, bitcoin is always the love that dare not speak its name.
But we STILL missed the REAL Argentinian story it's awesome!
Dear readers know our "Tether did NOT break the peg" petty feud (one of many, lol) with the FT. The FT was trying to coup de grace crypto after the Ponzi Terra collapsed, working hard to conflate cash backed real stablecoins with the problems of one centralized Ponzi ALGO "stablecoin."
The FT over & over trumpeted that Tether "broke the peg!!! Just like Terra!!!" O.M.G. clutch pearls!! when some exchanges briefly sagged Tether prices under the volume. That's THE VOLUME WHILE Tether actually pushed way over $10,000,000,000 in cash redemptions out the door to GO!!! to anyone who asked.
The real news? A story or WHAT!!?? USDT's redemption HAS to be the greatest bank run success story in all time - and no one got turned away, no one had to even wait in a long queue, drive for days, nuthin. Tether delivered the greenbacks WITHOUT FAIL OR DELAY. Is THAT a story or what? The people being crushed by bank runs in China wish THEY could play there.
TETHER NEVER BROKE THE PEG. The exchanges stuttered and got arbed, that's all. But that did not stop the FT from doing the Kafka repeating that agitprop. After all, proof that SOMETHING crypto could go to zero!! AND they both have a T in the name ROFL!!
We want a retraction!! But we know we will never see one, which makes this (never make the FT) story A TOTAL SIDE SPLITTER AR AR AR !!
As we all called, Bitcoin markets went nuts in Argentine after the Finance Minister bailed out. The peso tanked down 15% overnight ( ow.) Over the weekend on crypto exchanges, DAI and TETHER went from 245 to 303 (over 20%) against the sadly named ARS pesocoin. Buenbit in the D.F. in Buenos Aires saw a 300% jump in volume for that Sunday, as did other Latin exchanges. Everybody bought DAI or USDT, and spreads widened from normal 2% to 18% ( ow ow but good for the exchanges while they can get away with it, that noise you hear is Argentinians running to Binance.)
OK OK the FUNNY news. On the Latin exchanges, TETHER BROKE THE PEG!! UDST BROKE THE BUCK BABY!! AGAIN!!! HIDE THE WIMMEN N CHILLUN!! QUICK FT PRINT IT AGAIN and again!
OH WAIT the FT never will - Tether broke to the UPSIDE!!
Nexo said (and we trust Antoni 's visibility) USDT on local exchanges went all the way up to 106. Why that's a bigger % move that the worst sag on ANY exchange for Tether during the worst of the Terra FUD!!! AH HA HA HA HA HAH!!!!
OK so now we want a FT retraction that Tether broke the peg, PLUS an FT story about exchanges pushing Tether (&DAI) UP 6%!!!
We won't get either, but we love to dream with y'all, Oxers. Also, FT, DAI is a DECENTRALIZED algo stablecoin, say it SAY IT D_MN YOU!!! And a 151 year old bank just fired up a MakerDAO vault with a chilly hundred million dollar credit line, and plans to grow it to a BILLION will THAT make y'alls (*&*(^$(^&!!!! radar??
Thanks so much issue 95 of the Nexo Dispatch, link below.
Which leads to another (petty) feud with the FT. It's been FOUR DAYS without the FT saying NEXO is buying out VAULD. This story has been in the WSJ, Bloomberg, the Wash Post, CNBC etc. not to mention every other crypto interweb spot. We are gonna keep watch!!
Love, peace, and laughs,
Dave
