FT crypto watch April 11

FT crypto watch April 11


Cyphercoin lovers, we love you!! Thanks for carrying the torch here on the unquenchable Pub0x!! Your service in our mighty Watch ARMY is SO important!

Let's ride into tradfi land!! What laughs today, fellow pioneers?   wait - another full page ad from crypto enabled Capital.com.  If our theory is correct, that means no negative crypto news in print on the same day!  & the ONLY way the FT can do THAT is to print NO crypto news!

True to form, no crypto news in print today.  Tho Mo El-Erian does mention money fleeing from the banks into crypto, just not as much as went to bigger banks and money market funds. 

There is one funny crypto can't say crypto story.  The Pegasus SPAC raised a half billion in cash crying to go ANYWHERE new and different!!  Today they gave up and returned the capital.   Yeah baby reading music then

Online, we get this one bit of laughable agitprop!  Here, in actual unconscious self parody, the FT unwittingly picks the PERFECT meme for their ignorance, hostility and xenophobia!! 

e56d08ae31dd96de47e1b5c4047792077e029a566b39cdb45054188f57f53271.pngTLDR:  Alphaville's tiny brain just can't handle CryptoGPT raising 10MM for their  AI "Alex,"  & their ZK rollup layer two blockchain, used to collect data for commercial apps.  Not in the FT of course, the end game is all Web3, where the people get paid for their data, instead of Web1 players like the FT taking all the cash!! 

Now, some background humor first.  Remember, gang, Alphaville are the ones who publicly challenged Mike Novogratz when Mikey said crypto is thrashing many fiats!! & then AV said "we will wait!!"  then ate CROW ten minutes later when Mikey gave proof & backed up his claims in SIZE!! f0e0bd547b058b40fa9d19fc62142cd4d7df272606ff0d03a6b64db8f5bffba4.png

Here, from AV's privileged worldview, they just think something is wrong with the CryptoGPT play.   Right.  When you were born rich like AV, going straight through school to get a grad degree from the London School of Economics in "political Islam."   Why would you think a person in Asia might want to sell their personal data for microtips!!  Why the whole idea is just beneath AV's even considering!! "We can't even."  Can't even articulate what's wrong!! We bet AV doesn't even understand zero proof rollups and their low cost/ high security  implications, let alone Web3.  How COULD they when they think Fiat is going great against crypto?? 5a7fdf5756932f995fdd3cedf7d8771ea8096d75d387a3a6528e0c35a2167612.png

 WTAF is wrong with CryptoGPT raising 10MM??   Compared to, say, the 90% drop in IPO fundraising on the LSE in 2022? 

 Or, let's look at a specific.   Parsley Box, MEAL.  Lil Blondie wasn't offended nor  scared by Parsley!! look, the FT did a little puff piece on Parsley, here she is in salmon colored print: e0855f997928c4a82e6e17f6bf36035ab1e68f61bc6a356ea698a82d5e6fcaa7.pngTLDR: yessir, Parsley box IPO'ed on the world famous London Stock Exchange!!  Parsley Box raised 30 million POUNDS STERLING!! Parsley IPO'ed at 200 pence, making the market cap hit 80 Million pounds sterling!! AND since then:  LOOKIT that CHITCOIN!!  Look out belooooow!!!! b4976aa393fa02141ca33e5b36f625b7e19736042c0c253cdb2db3e1469a1953.pngTLDR: did Alphaville ever say CHIT about Parsley Box??  Were the mighty brains at AV unable to articulate their utter distain and disgust for MEAL!??!   Did they mention the "stupidly hype-lathered" total failure of Parsley Box??  No, of course not,

they stopped "even pretending" to be fair!! ah HA HA HA HA HA!!   Meanwhile, the Alpha in Alphaville is supposed to stand for returns above and beyond the norm.   Have a big bag of FU's, AV!!! 

Seriously, #(!$*&!#$(*$!!!  Let's compare the underlying ideas for funding  Which is more worthy of the spoiled blond princess's derision.  a) the earthshaking idea of food delivery?  Maybe save pampered Moms another two minutes??  or b) a web3 protocol that pays people for data instead of just harvesting it?? $@(*&$(*&N !!!!!!

9f373e44b2450bdf66212071016a1811c614c72168f9f7c99faaa2c9d4b924e3.pngTldr:  assuming both fail, which one might leave behind som progress, some ideas and experience of value??!!??!

ps.  Ok the penny dropped.  The FT is just p-ssed off cuz for Parsley Box losing money, all the usual cantillon players got PAID, including the FT!  

pps.  CryptoGPT, WHAT a great name!! Parsley,  what a stupid boomer name!! Oohh let’s get some delicious parsley said NO ONE EVER.   Parsley is that cringe plastic like green twig thing ir ya throw straight away ain’t it? 

OK cryptonauts, we love you !!  Gotta hop to find FUNNY crypto news!! 

Please recruit a pal to the watch army, we ride at dawn!! well, dawn somewhere anyhoo.  Member when we did the moonwalk!!???!! 

Peace out, 

Love

Dave

@davidsawyer follow us we will follow Y"ALL!!! 

 

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Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!


FT WATCH - the Financial Times on Crypto!!!
FT WATCH - the Financial Times on Crypto!!!

The WSJ turned into USA today - which leaves the FT at the top of the heap for serious financial news! Join us for a semi-serious monitoring of the FUD & hate the FT now showers on crypto. Dear readers know we love that pink newspaper but boy howdy does the FT despise crypto--- it's funny. The old guard always fights the new guard. The FT does it eruditely, with misleading comments, fun graphs, and outright lies (usually) attributed to crypto's greatest enemies!

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