FT crypto watch April 6th

FT crypto watch April 6th


Cryptonauts we LOVE you!!   As does whatever code happy monkeys that stashed an easter egg of the BTC whitepaper in EVERY SINGLE MAC since 2018 AH HA HA HA HA HA!!

But we are here to find the funnies in the tradfi agitprop.  Boots & saddles, mighty Watch Army, we ride for truth, justice, laughs, and the freedom of money!  Thank each and every one of y'all, it's important!!   Hey kids getting busted for doing the Kool Aid Challenge, busting through cheezy suburban fences - here' s CRYPTO ! doing the kool aid challenge ar ar ar TLDL?  OK heres a still snapshot! a687400d2b49a4f0e0b1ac9d83e9d4071e65ec9da1ea5d83afda439385627cae.png 

OK OK, the pink lady, what news in tradfi agitprop land??   Well, we got tradfi corruption funnies in SIZE!!  The CBI is the king-hell biggest lobbying group in the UK, all up in & out of all the politician's pockets.  Politicians, and lawyers with unlimited money who want to control them!!! What could go wrong?? c5f3289778c476cce9c90ddbb8ce23c71b9c571ea901c972f9b79698eaaf22bb.pngTLDR: well, there's always sex.. and drugs.. and MONEY!! BACKHANDERS!!  ar ar ar ar arooo000000000!!! 

MOAR crypto that can't say crypto in the salmon pages!!  The Dutch courts said the gummint cannot even set the number of passengers at Schiphol!!! But the Swiss, without asking, just took all the money in the world from citizens to give to bankers, not even SHAREHOLDERS??? a3a2713c4d20b461577556e9f2323c6d184f65b36911242bbba7ab557fa64893.pngTLDR: they can't count CS as the failure it was, because wheeeeeeee boy it would be the biggest bank failure ever by freaking far.    WAMO checked out at about 300 billion in assets, , Silicon valley bank bit the radish at around 200 billy in assets.  Credit Suisse had like 1.6 TRILLION in assets last year!!! They still had around 1.3 nominal at death!

CS was the biggest bank failure in HISTORY!  Almost 10x the second biggest SVB!!  Over FOUR TIMES the size of WAMU, the biggest ever!!! 

Here's a swift kick at NFTs.  Member Rishi, who as elected prime minister, thought he could ask the royal mint for aa $#(#*$&#($*&# !!! NFT?? But NOOOOooooo.  Well, now the Titantic museum is doing NFTs, so the FT takes time out of ignoring Bitcoin staying at 28 and instead chit all over the Titantic  NFTs.  6b0cab2ea40de43d4be5db6e425340e4f0d5144a6d6bc1f5837fb566d5fd60ca.pngTLDR: are they even LEGAL!! It's best to see them in PERSON!!  Sacrilege!! Blah blah blah!!! Sweet $#(#$(*. let the market decide if people want an NFT vaguely connected to the Titanic or NOT!!! $#(*&$(*#&#$(*&!!!

That's it for dead trees!! Moving on to online, let's laugh at the agitprop!!

1569454bf6dc4f1526c3f3fc8cf6ce08ad57e9e9acbf28966c8944189f904375.pngTLDR: Alpha ville throws shade at Nayib just as fast & hard as they can!! 

 

Bukele is riding tall in the saddle!! He made all his bond payments.  He's holding around 3K of sweet BTC that went up about 12K each right about now!! that's eight figures in the pocket!!  His people love him as the crime rate has fallen off the cliff, tourism is way up, money is flowing!! 

Here we see AV spinning all that down.  BTC has NOT been that adopted.  Nayib got some of the money from the usual suspects!! The volcano bonds are out!! blah blah blah inside baseball bs.  Plus, ya know, MS-13  gangs are not happy with the jail conditions. 

The truth is the IMF, random senators, the US, the BIS & everyone else slapped down on El Salvador as hard as they could!  Nayib rode thru it.  He DID cancel/trade  the volcano bonds for an IMF & local central bank payout!  

But he could have marketed Volcano bonds  in a non conventional way any time he wanted!! & now BTC is up all around the world and Nayib is laughing at US politics!! 

2 out of five FU's for this copypasta spin!! 

We love y'all, gotta hop!! 

Peace out, please refer a friend, 

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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