FT Crypto Watch April 22


Cryptonauts we love you!!   Thanks for forming up the watch army here on the eternal morning of the marvelous Pulish0x!! 

Let's ride through the funny parts of crypto in the tradfi Pravda today!!

Ready:  have some TradFi corruption funnies for FIVE BILLION, please, Alex>. The question is:  who is Mike Lynch and how did he steal five bily?? Who is Autonomy??  cc0969be6eb404edac16fc312179fc3df5cb810e8794903f7718056caf4fea3b.pngAnswer - we don't know, cuz the FT can't tie it to CRYPTO ar ar ar !!   CRYPTO thieves we all know about, like Alex the Machine & Sammy - billions of THAT money IS being recovered by lawyers!! 

 

 

Yes reading music

OK what do we get?? 

Thousand yard stare Katie weighs in on BTC today, with a snide comment! 868da9d19e8ac803a72a0c611a5fa98b5b6bdd781f98e75f5779bffa00740371.pngTLDR: Katie trots out an old truism:  it's ALL about the liquidity baby.    She views BTC going up as a risk on indicator as feds dump in the reserves.  

Oh, she does it with a snide tude: 8dde90ce78c0eccf7cf14098b76cb3e5e97f128dbf5141a26341b5dad09ba01a.pngTLDR:  Here the FT misses the one new utility BTC DID show:  when bitcoin rose back up in dominance, trouncing the altcoins this year, it was a real thing.  The Filppening disappeared in the rear view mirror!!! Yeah, ETH went ESG, but bitcoin remained immutable, no QUESTION of it being too centralized, even Gary had to cave and call it a commodity!! 

Even giving credit to Katie's point, we have to heave up an FU or two on the board here.  We hear about the "undeniably decent" returns (8%) of the S&P 500 and the MSCI.  But we DON'T HEAR about Bitcoin year to date 65%. C'mon. that's a bunch of $#($#@(&#$&!!! 

And THAT"S IT! no crypto online, no other new stuff in the lovely weekend magazine.  So we do one redux to crypto not allowed to say crypto: 92cbf712745ea00482b1206f4097a23e5ab3fc844abbc7cda7a5680cd114792c.pngAHH ha ha ha ha!!  It's a constitutional crisis baby!!! Rule of law versus our tradfi central bank masters!!! 

We love you crypto people, thanks for holding the line in the watch army!! 

@davidsawyer, follow us we will follow you!! 

Please recruit a pal to the watch army, you know the world needs y'all! 

Peace out 

Love

Dave

 

 

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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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