FT Crypto Watch April 13

FT Crypto Watch April 13


Cryptonauts, the world is yours!! Or as the graffiti in Wynwood keeps saying, the world is mind! As we enter the singularity, the long arc of history loves y'all for being on the right side of one of the very few freedom positive trends for the people!  

A lot of the more fun fintech research jobs we had included meeting with futurists.  Bless you Faith Popcorn whereevah ye are!!  BT had their very own boffin futurist.  It all boiled down to a big list of crazy sci-fi future developments on a timeline with probabilities.
Two things were funny!  1) looking to see how many events you would live to see, and 2) the singularity, where AI blows so far past humanity that everything changes in ways we can't understand, let  alone forecast!!! What was funny, was a good futurist would give an asterisk to all events after the singularity.  Cuz who KNOWS what the %#+$!!? would happen next??  Or when?? 

Back then, the singularity just meant super smart AI.  Now the singularity seems to be redefined to mean point of no return on irreversible, shocking change.   We don't understand THAT, GRANDPA had THAT already!!  When he was a kid it was all horses, then Gramps lived thru telegrams, cars, telephones, radios, lights, jet flight, TV, H-Bombs, woo boy, space flight, moonwalks, microchips, you name it. 

For us the changes are accelerating, but the irreversibly changing future is already here - just more so in some places than in others.  

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Anyway, it's great to be here with y'all as AI turns us into dinosaurs.  We promise to lash ourselves to the writing mast!  Unless, ya know, we get a better offer to become a cyborg for our new robot overlords ar ar ar !! 

What funnies today  in the tradfi agitprop trench battle led by fiat against crypto?? Well, once again the print yobbos get the cold shoulder.  NOT a DROP of crypto makes dead trees!!  Oh wait we know WHY!! It's ANOTHER full page Crypto ad!! 6bf88558b828620fc8a7169a8eca73cfe7e77ceb7cecc5ded2f5ae8f795535db.pngthe theory is four for four now!! The FT KNOWS they can't say anything NICE about crypto!! 

Ahh, there's funny crypto that won't say crypto aiight .  The Swiss parliament said NO BAILOUT!! but the finance wing went ahead anyway ar ar ar !!  Turkey banned use of BTC to pay for anything!! & now Recep's grasp on power is flaking as the people suffer on with 50% inflation!! 

But let's move ONLINE - cuz today online we get a HUGE funny!! Ah man ya KNOW this one HURT the FT!!!  AH ha ha ha!! 

Liz Truss became PM and called for crypto to save the CIty!! So the BoE, the FT, the FCA and all the "yes minister" lil britain deep state blackballed HER right under the bus ah ha ha ha!!2f1083a8306bb3c1cbcd4a6e7f85652c1df6e5cff96a85e821e65e55cfccc204.png

SO, Rishi as PM said the SAME THING!!  & the Royal Mint laughed at him, gave him a Japanese yes, then just flatly refused to make an NFT.  Aww, was it too hard?? You can buy "the Merge" for 100 million, or you can buy a MetaShiba for 0.000000001653, with apes, Faberge, Prada, Luie Vitton, even brit hometown faves Burburry offer NFTs.  But the Royal Mint just couldn't be arsed!!  " Eff off, Minister!!"  It would be sad if it were not FUNNY!!! 

But now, BIZ marches ON baby!!  More than SIX YEARS after the CME piled in, the LSE finally drags arse into the scene!! 7583d720d93d4c630aa2f328d647c4f71d5fcb0172c29a122c7b048d3922ae9a.pngTLDR: the subliminals are HILARIOUS!! The FT tries to crop the pic with a positive upward slant!!  But the polish job just shows off the low-effort, chit Brit work ethic laughed at by every Merican ever sent to work across the puddle!!  Ya know, why BOTHER to shine up the "Group" part!! And polishing the crest is HARD, guv'ner!!  But it's OK to accidentally polish a little bit of one side ah HA HA HA HA HA!! OMG.  Just use a tool if yer that lazy!! Or don't do it AT ALL!! 

Anyway, decades late, in a feeble fashion, giving a huge victory to crypto happy France,  the LSE promises to FOMO in to compete with the CME, CBOE, Deustch Borse, and everyone else in their class!! Maybe even by THIS YEAR AH HA HA HA!! Lazy, yes!!!  but the FCA might still screw the LSE again TOO! ar ar ar !! 

There's massive institutional demand for default free counterparty safe clearing!!   Can the FT be HAPPY?  of COURSE $#$#(*& not!! Starting in the caption, its another one of those anti-crypto copypasta fests!!  Bingo cards ready??  " in SPITE of!!" a shot!! "waves of bankruptcies!" Another shot!!  "Sharp declines in price! "  wait not really, not this year, but another shot!! " a SERIES of US enforcement actions!! "  What's that, four shots plus a double for the caption??  ar ar ar ar ooo00000000!!!  No WAIT THERE'S MORE!!! a290c62beae636330234577efbdbe6c10aeabefcf09b05a13ec7d0c66a5f13db.png

In an all too telling absolute flat LIE, the FT mentions that BTC has climbed 50% in the last three months.  WHAT?? on Jan 13, the mighty Gecko has BTC at 19,290.  This second, BTC at 30,340!! So whats that, more like 60% we WANNA RETRACTION ar ar ar aroo0000!!!   Tell the REAL truth you DAWGS!!  Cook the intervals like you always do AGAINST BTC!! FIVE months ago BTC was 15K and change, that's #$$#(*& rounds to a 100% increase !!!!!! ar ar ar !! 

Judges talk us off the ledge, we can only award two FU's out of Five for what should have been a happy, crypto positive article.   

We love y'all, Watch Army!! Thanks for helping the world by laughing!! It might turn out to be our only tool against AI as well, so we practice UP baby!!  Surely humor will be valued as we hit bio-digital fusion ?   ar ar ar !!!!  Anyway, we got the LSE today ha HA NER NER!! f4bc84060bfe00fb5e30076e3f50467e10d471d7587ba2f7904197a082a2a0cd.png

Hey the FT talking about crypto hits like AI trying to write valentine hearts yea?  ah ha ha!  Very late breaking reading music then: TLDR: Faith Popcorn is still alive & well in NY NY 

Peace out, 

love

Dave

@davidsawyer follow us we will follow you!! 

please refer a pal to the Watch Army.  While we all still have the illusion of free will!! It's IMPORTANT!!!  Thank you!!! 

 

 

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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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