FT Crypto watch April 17th

FT Crypto watch April 17th


Cryptonauts, we love ya and thanks for gathering at the crypto river of the Publish0x.  It just makes everything better!! 

The algo and the watch army are fickle beasties except how they keep telling us to be funny!  But, we are bullheaded, deep stupid so here we go again looking for jokes in the TradFI holy script of the salmon colored lady!   OK funny parts only ready no wait more X reading live music TLDR: if yall have ADD like us, skip to 2:30 

Our friend Kelly Keen used to wear the holy Exine hat backstage pretty regularly for some reason.  Nothing like starting a slam circle at an X concert!!! 

But we digress. Funnies in the FT dave ok here we go!! It's funny, when you get down to it crypto is fintech, by definition.  But not to those crypto haters splitting hairs on their agitprop at the FT!!!  cd99d84a08645b947c7f170b38be9dbcd80b45936ea734934192287b4bc03292.pngTLDR: Tt turned out SVB London DID need a functional head of risk when SVB London sold for one pound.  All the local fintechs shuddered when their bank is sucked into the Swiss uberbank.    Swedish Klarna and UK Checkout.com fintechs got hammered slipping from 40 billy to 10 billy in market cap each.  

It's awesome, our boy Phillip Hammond, Lord, late of the chancellery, now chair of crypto Copper agrees it's funny, loads of UK SVB clients got bounced by HSBC & went to SVB.  Hi we 'reee BACK!!! Should they flee?    Phillip ( the FT never calls him Lord or SIr whatever since he threw down on the CRYPTO side of town baby !! )  Spit out this gem: 6085155a1bc6b0af9c62ae8305d955db383963a94999a6809a2a25a7235e8dd8.pngTLDR: Too excellent!!!  And the proof is right NOT in this article ah HA HA HA HA HA!! a CLASSIC crypto not allowed to say crypto not once no sir uh uh nope none of that here baby.  

back IRL, Klarna cranks crypto.  Checkout.com is a modern UK firm, of COURSE they handled crypto.  Now, what reg hammering might have hurt UK payments firms like Checkout.com ??  Oh, maybe the FT and the FCA BRAGGING every time they slightly impeded the flow of fiat to crypto!!! 

The REAL story:  iced out of THIS story, Rishi, his chancellor Jeremy and LIz et al before them commanded the "yes minister" deep state of the BoE  & the Royal Mint & FCA and the press to launch crypto to save the City's fintech.  & the answer was "yes minister " ah HA HA HA!!   Except for the Royal Mint they just said eff oFF!! C'mon that's FUNNY fcb308d8c3b49210b276624cc6b0e8fb53c943a5af0d2296b5dbe2e9d8f2e9d8.png

NOT in the story:  Lord Phil QUIT his high ranking political gig to ALSO QUIT the country with his crypto startup firm Copper!!! How much highest of the most elite big spenders got iced out of London fintech RIGHT THERE???  Then consider Binance was trying to set up a regional HQ there!!! HOW MANY JOBS IN FINTECH!!! 42e2852a1d7363ef4d2a7994113ef76e5c9f5d42cb3d4595d31808481ca8a995.png

FIve out of five FU's awarded for not mentioning crypto in this article. Astounding work.   A triple back twist with a rotation flip. Ar ar ar !!   Don't talk about the elephants in the City!!! Don't mention THE WAR!!!  The judges argue but talk to the HAND!!! 

And that's it for crypto in print ! AND on line!! not a word!! OK there WAS yet ANOTHER full page ad by crypto enabled capital.com soooo we guess that was as crypto positive as the FT can GET AH HA HA HA HA HA!! 

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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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