Distributed money lovers, we love you!! & that's why we say so every day, sending out love to the Pub0x's implacable musings!!! Here's reading music to say so!! Who writes the book of love?? We do Pub 0x brothers and sisters!!
Changing the fabric of crypto in the FT!! In brightest day, in darkest night, no FT crypto shall escape our sight, beware our power, the mighty Watch Army's light!!!
AR ar ar !! What do we get TODAY??
Crypto that dare not say it's name... and WHY THE #$(#$&#$@(&!! NOT??? Where IS that dog not allowed to bark in this article???
tldr; Rafik's firm has been waiting all year for his BANK to scrape together 60 grand in cash so his firm can import $(#$#(& autoparts. The bank failed. So Rafik's biz is now down 90% this year. This must be why Nigeria and Vietnam & others have gone so far so fast on crypto, we can't even imagine!! Why doesn't Rafik, or his bank, buy some USDT?? well not in the FT, of COURSE not $(!#$@& in the FT, there is this recent law: 
TLDR: a minimum fine of -250K USD for trading cryptos!! THERE IS NO ESCAPE FROM FIAT STALAG 13!!!!! 
TLDR: just too much. In this, the year of 2023, how could the reality of the existence of crypto NOT be allowed into this article??? Talk about the people getting scr-wed by fiat for no good reason at all. Wow, that is some depressing censorship by the old FT.
The REAL story: well, here's linked in, we would say they have no reason to lie about this: 
TLDR: crypto use in egypt is up 200% YoY. Have a matched pair of FU's to go with this article supposedly not about crypto, FT!!! Hush Judges, we care not!! One for not mentioning the reality of crypto, another for not mentioning the giant stonking fine. Rafik only needed 60K for the WHOLE YEAR!!! $#(#$#$(*&!!!
ahh man. Tradfi corruption funnies!!! Here's a giant asset manager, fined 75 million by the French for grabbing 1.6 billion and locking it into chit investments for >two years!! Ah ha ha ha keep it all in perspective 
TLDR: ya know how hard it is to actually get fined by the French !??! this is their ALL TIME RECORD fine, an ATF ar ar ar a FINE ATH!!! Go THRU big dawg Bruno!! Oh, poor boy can't work for five years, we think he'll be FINE!!! How about some jail time?? that's what it feels like for the small investors you scammed!!!
One last crypto won't say crypto - Private equity three card monte is the next big bomb about to blow. Just like they did with mortgages, fin tech whizzers are crafting completely failed, illiquid piles of nothing mixed in with a tiny bit of something for new chitty private equity derivative time bombs that are being sold by the sharpies on Wall Street to the idiots who accept their securities into their funds!!! 
tldr; it's too late, private equity has done the proverbial Wall Street Axiom #13 - SHIT and RUN!!!
OK OK crypto that says crypto let's move!!! Here's the FT's anti-crypto narrative clumsily inserted into a totally unrelated oped about AI!! 
TLDR: Let it GO wee radge Joe!!! Really, the lead in to a story about the WEATHER has to be " death to crypto inshallah haibibi!!!"
OK crypto sez crypto about crypto - here we go 
TLDR: of all the sponsorship opps for your marketing millions, the F1 sales guys are the most aggressive, they will call you forever until you at least buy some tickets if not a table!!! Here's proof, they got to Sammy.
The REAL story - total crypto sponsorships were supposed to hit five billion, they won't. The real market is 46 billion, so who freaking cares!!! Think Canadian Tire or Smoothie stadiums!!! ar ar ar
Next, online, a DELUGE of agitprop from the ECB. Look at this horror show - why its BTC that is cool blue, not horrid red - OH we SEE !! How not subliminal!! it's because the ECB is at the heart of the BTC instead of a miner oh man the FT just can't MEME!!! ar ar ar AROOOOO!!!! 
TLDR: Fabio is another lifer central banker. He got some degrees & a PhD and went straight to the ivory towers of the Bank of Italy, then the ECB. Never had a real job, but he writes about how important it is to be all enthusiastic about the "work" the unreviewed, unelected central banks do.
Here we get his end of year agitprop and it's a sickening copypasta mess, he does NOT miss a one of the FT anti crypto narrative bingo shot card entries baby!! Dear readers can skip this, they are ALL there - failure to call TerraUSD an ALGO stablecoin. Conflating miners going down to meaning anything more than any rack n stack cloud computing company - while actually LYING, cause BlackRock bailed Core OUT!!!! Don't expect slow moving, consequence free central bankers to bother to keep up with current events when they publish in the worlds best financial newspaper, that's too much to ask for gummint work.
Where were we, two shots? Leverage, interconnected ecosystem, inadequate governance pow that's five !! Ah, the big chestnut - yet ANOTHER link to the "let it burn" manifesto of hate for crypto. Six & seven: Crypto has NO function, just gambling. 8: we must regulate! 9 - 12 tax evasion, money laundering, TERRORISTS!!! worse yet ESG ar ar ar !!! We lose count, but don't forget, Mica is good, everyone should be taxed more, but REALLY, the clincher of the whole argument: only central bank money is risk free and dependable (sic.)
Hey let's pause and zoom out for a moment; What's the oldest most famous central bank in the whole wide world??? The BofE, right ?? Empire & all that. Take a look at their handiwork and despair!!! 
TLDR: FAIL FAIL FAIL FAIL AH HA HA HA HA LMAFAO STFU Fabio!!!!
The REAL story: another click leads to earlier fantasies from Fabio, where he lists ALL the reasons crypto will never work. It's REALLY funny: so, no need to WORRY about it all then LMFAO!!!!!!
There the agitprop cliches include mis-definition of what crypto IS and then proving it is worthless. But more simply, THERE he repeats the LIE that Tether broke the peg!! He says all cryptos will face bank runs and therefore will never be as good as CBDCs. It's funny, he does NOT mention that Tether withstood the largest ( ten billion in cash) bank run EVER, while the Bank of England has FAILED on the old bank run thing to Soros and recently, to itself!!!
Oh god, we are boring ourselves. Let's boil it down. First, Fabio sez FTX nuking proves crypto can never be trustless and stable. He's got it exactly backwards. Nothing centralized, like central banks, ar ar ar, can BE trusted!! Secondly, ZOOM THE #$($#$& OUT THIS IS STUPID!!!
BTC was INVENTED because central banks CANNOT be trusted not to bail our their cronies at the expense of the people!! But now, all we read about is central banks bullsh-tting around on this topic!! It's hilarious, should EVERY central bank be trusted with this magical wonderfullness?? of course not, right?? So then, why should ANY of them be trusted??
LIstening to Fabio hallucinate does NOT help their cause. How can anyone with a PhD say that the near magic of cryptography that is BTC has NO value?? You'd think he would at least appreciate the math!!! He does, he's just scared.
OK we gotta hop giant wet blanket FT we leave NOW!!! ESCAPE!!!
Sorry to be so crabby people!! We love you, the central power boys just get us down!! geez even Elvis bogs down carrying us thru that mess!
Peace out, love
Dave
please pretty please refer a friend: ambassador link: https://www.publish0x.com?a=WZdPKv2bKg
Love
Dave
