FT Crypto Watch Jan 17th

FT Crypto Watch Jan 17th


Cryptonauts, we love ya!! And your open distributed ledger ways!!  & love because today, here on the over arching Pub 0x, we ARE the mighty watch army, keeping the tradfi emperor newspapers crypto honest!! 

What monuments of crypto wisdom are airdropped from TradFI  Olympus today for us rabble?  Well, there is always beating the fiat war drums for the industrial military complex.  This time in Turkey!! e0190de00de7f3bca8a53e79d690ad826d4bf22e61ac355cf97ee3d46951fbbf.pngTLDR: ok, crypto that says crypto.  

Here's a rehash of Silvergate: da49561d000d9d17681d7414e0b5c1dff007a6d4adf1f5ecc61936a6284c2e40.pngTLDR:  This inside baseball rehash chucks it all in.  Including senator Warren saying Silvergate was an egregious failure for improper transfers.  

The REAL story: not in the FT NEVER in the FT!!  Dear readers know:  Silvergate withstanding  a 6.2 billion dollar bank run is  the greatest tradfi bank run survival story of ALL TIME!!!  FIX that HEADLINE ar ar ar !!!  It's a historical MIRACLE accomplishment !! 

Dear readers ALSO know Silvergate did EXACTLY what WAS REQUIRED BY LAW in processing deposits.  100%, no questionable intent whatsoever, any other statement is complete $#(#$&#$(#&#*(& !!!!!   Basically zero new content ( the loss was forecast) as the FT cheerleads for Silvergate's death (inshallah haibibi)  for daring to believe in digital assets!! 

Well have an FU FT, WE are cheering for Silvergate to rock back from survival!! Here's season appropriate reading music for ya Silvergate!!! TLDL: spread yer wings and fly Silvergate!!! 

Ah, the lowly letter - that's where the pro crypto viewpoints are relegated.  Here's one - what about Freedom??bc474a6f4e73cc679768f0f59a0c104b05781163b0ccb24c19974448fc1a4b5d.png6f8aa6380dba0a8aa25efc78f441ac84eb1d4e3f85f3f34ea82601a214479d4e.pngTLDR: The total control and info flows from CBDC's are the stuff dystopian nightmares are made of!!! Plus, imagine a CBDC fiat get's hacked or shut down in a country that has banned cash- there is no fallback safety net, the economy would hit a brick wall. PLUS it's funny the desire to escape state intrusion may DRIVE people to private cryptos AH HA HA HA HA!!!  Thanks research fellow Paul from the UK in New York.  Too bad thinkers like you are only allowed in the letter pages of the FT ar ar ar!! Hey we can dream.  We have a dream, where a research stud like Paul is judged by the clarity and power  of his thinking, not just the color of does he comply with the anti-crypto NARRATIVE!!!  ah HA HA HA HA 

and oddly, that's IT for crypto in print today!! 

Online??  Nothing, just the Silvergate story again!!  OK that's FOUL FT!!  There's plenty of crypto news out there!!! BTC is up over 21,000.   Hey member when we said COIN was gonna ROCK OUT?? That was AWESOME.   NOT in the FT today: abfb56090dbef2ad597219418e74ce09271b0d828d87ec4d03c8563f9f4142ce.pngTLDR:  COIN is up 61% FT, is that NOT NEWS??? AH HA HA GOOD NEWS!!  Spread yer wings and FLY Coinbase!! 

We gotta crash, love you guys & gals!!! Thanks for being here, it matters, and 2023 is gonna SHOW IT!!!   

Peace out, love

Dave 

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Sammy was low
Just watching the show
Over and over again
He knew it was time
He'd made up his mind
To leave his dead life behind His boss said to him, "Boy, you'd better begin
To get those crazy notions right out of your head"
Sammy, who do you think that you are?
You should've been sweeping up the Emerald Bar Spread your wings and fly away
Fly away, far away
Spread your little wings and fly away
Fly away, far away Pull yourself together
'Cause you know you should do better
That's because you're a free man He spends his evenings alone in his hotel room
Keeping his thoughts to himself, he'd be leaving soon
Wishing he was miles and miles away
Nothing in this world, nothing would make him stay Since he was small
Had no luck at all
Nothing came easy to him
Now it was time
He'd made up his mind
This could be my last chance Come on, honey
Fly with me

 

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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