FT crypto watch Jan 23

FT crypto watch Jan 23


Distributed money believers, we love you!!  We believe in YOU!!! & the good you are doing for mankind here on the ever rebel Pub0x!!!

Changing the fabric of crypto in the FT one chitpost and one smiling click at a time, good on ye mighty mighty Watch Army!!! 

Let us make sure we understand the king hell Tradfi biz critical info today, just like they ADVERTISE ar ar ar !!  What wonders await us? 

Wait power punk pop light reading music from battery park city (ar ar ar) TLDL: the future is bulletproof!!!  Ok that's better, drop the hammer on that Trans Am baby!! the full dresser beemers are not our style but still fun, they BEAT on them!!  TBF the spider on the hood should be a screamin eagle

Ahh, the lovely salmon lady, long may she print!! The lady is NOT for turning tho ar ar ar !! She still hates crypto.

Example:  Viz the amazing all time record breaking performance of Citadel!!! Crypto that is not ALLOWED to say crypto in the salmon pages!!!  1875a716e8042e849acdf885d2185b35cedb1d40b3fbc9ff112206aaaf0d9adc.png

TLDR:  Last year, the FT kinda did NOT like it late last summer when Ken Griffin threw down on crypto's side!!  Citadel asset man has 54 bn in assets.  Citadel Securities builds tools and infrastructure to trade.  NOT IN THE FT :  Together they claim to have done billions & billions in crypto trades!!! With CEXs AND DEXs!!! .   Then they took EVEN more money from the likes of Sequoia & others and launched EDXM, EDX markets, a crypto trading monster with all of their tools. 

It's funny, news on EDXM has been quiet since then, except for a Paxos tie-in.  But here we have the proof in the pudding, whatever Citadel is doing they sure are doing it RIGHT baby!!!   How'd ya get them pants so tight!!!  Not in the FT, never in the FT, but ya KNOW Citadel made $$$$ in crypto !!  They ALL do it!!b78071159e972d2d35470db5947ccd820ee7e142d7c30035209f43758ca2c524.png

Even funnier, Tiger Global, a Tiger cub spin off, lost  56 per cent.  NOT in the FT article, Tiger Global lost big $$$ when they invested in Sammy & FTX when FTX was valued at 32 billion!!    Ah ha ha ha ya know the FT wanted to mention THAT.  But THEN they would have to mention Ken Griffin WINNING WITH CRYPTO!!  CRYPTO ner ner na na na na FT, CRYPTO say it SAY IT!!! 

Still the Nexo positive news blackout continues in full force!!! All the crypto news in the world now as BTC & others hammer on up.  Genesis thinks they can pull out of the planned bankruptcy dive without ripping the wings off!! H-ll even the MINERS are catching a break with stocks going up!!   NONE of that in the FT tho, no HAPPY crypto dogs are allowed to bark!!  Ar ar ar !! 

Seriously!! NO crypto that says crypto, NO NEW ONLINE CRYPTO ARTICLES!!!!    If the FT can't say something neggy, they won't say anything at ALL AH HA HA HA!!!  Instead, very oddly, we get only a letter from, who'd a thunk it, another central bank ex something

2f6ef751197917791f2f5b33e0889443a4660081db9f5f3bb7d6fdcb17b42427.pngTLDR, Bob Blower started at Defense for two years, then worked at H M Treasury for eight years.  Farted around in the British Bankers association for eight years.  But then Bob took a real ish job at Reuters, then went consulting, then worked some real pain & suffering  exec IT jobs at various biggish banks, now he's above our head in crypto.  Unlike yer typical FT author central bank lifer, we have a LOT of time for whatever the $@(&$#$(*& Bob is trying to say.  

Here Bob loses us at first by saying all CBDCs are really just certificates of deposit electronically delivered.   We think they are a lot more than that, but OK, we agree after that 100%.   The totally centralized risk adverse banking system HAS made simple things totally problematic.  Now banks don't WANT to serve the riff-raff, only big commercial clients.   Bob says disruptor bank Starling is helping, we say $($&*#@($*& Starling for blocking trade with crypto . 7112cdfac8eae9771689dbfa60da64e4dcabff5b87ea4a467779eeccef85f5fc.png

Dear readers know CBDC pilots have reduced costs 98%.  Bob says there are trillions of pounds trapped in the inefficient UK tech ( you know it!!!) and infrastructure.   We believe him!!  

In a socko finish, Bob says Stablecoins AND CBDCs are unpopular for some because they are not leveraged!!!  The UK banks need to buck up their ideas, nothing (easy account switching) seems to WORK on them!! CBDCs is the kick in the arse these, wait for it, sad ancient institutions need !!! 

AH HA HA HA HA !!  HIT IT & QUIT Bob!!!!   Too bad your genius is relegated to the letters section

We needed to pass out a while ago gang, thanks for being here!!! 71314732f505095b8d1fc7d7aeb07d2826c18e227b6ffddd2f3df97977423562.png

Peace out 

love

Dave

plz refer!! Here is our ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

 

we #($#$&(*#& LOVE YA!! TAKE CARE OF YOURSELVES AND EACH OTHER!!! 

 

 

 

 

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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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