FT crypto watch Jan 9th

FT crypto watch Jan 9th


Hey open ledger advocates, we love you!! Thanks for being here doing the heavy lifting & then Miller time here on the Pub 0x!! 

Changing the crypto fabric of the FT one chitpost and one click at at TIME Watch Army, ye will go straight to heaven!!  

What biz critical enlightenments will the FT bestow us with today, fellow scholars?   She's a smart, hot pink lady as always.  But she does see through the eyes of billionaires.  No, seriously, here it's lovely when ya  own Klints09b405fe74e05ce0a1f178838818378a98e68bba7e38bb720b76cf46b5eaa512.pngTLDR,  a metaphor of the FT's viewpoint through the eyes of the rich - erm sorry, it's Ron Lauder's collection, includes a Klimt and this awesome Saint Clare rescuing the shipwrecked by Giovanni di Paulo.  

So, NO online crypto AT ALL today.  Is that just to make the one crypto article today look even WORSE!! Though that might not be possible.   

Hey, member how Sammy's daddy and mommy were both Stanford law profs, very popular, & they ran the whole brain trust, helping to write laws for Gary Gensler & others, meeting in the white house, Mom flew from Stanford to Nassau ALL the time?   FTX spending MILLIONS on hotel bills & free travel?   DAD FORMALLY WORKED at FTX!!??!   That was AWESOME!!!  

Well enough of that fun, little people, it's once AGIN  time for the bigwigs at Stanford to speak down to us all from their ivory towers, so swallow your propaganda you proles!!!   The evil empire is striking back, babyfecd5d38216009f7c2eb953182351ad3243611b19560840f49af368461e0f97c.pngFrom her lofty perch as INTERNATIONAL director of Cyber Policy  at Stanford,  whatever the #$$(#&*% that means, Marie deposits liquids on us all from a great height indeed.  TLDR: FTX's meltdown, Musk getting high on his own Twitter supply, ChatGPT and Sam Altman liking free speech are all really the same, very very BAD, very bad thing.  The little people must be protected by "guardrails." 

The US probably won't regulate by 2023, partly due to lobbying.  But reg hammering in the EU will "trim the sails" of SBF, Elon, and Sam Altman of OpenAI, creator of ChatGPT.   EU regs will force Elon et al to give usercounts, and be transparent about algos.   The EU's AI act is not finalized, but will be aware of "bias" in data sets.   America will follow the EU's rules later. 

The REAL story:  This is just VICIOUS bovine agitprop.  Lols, we did not know we are supposed to hate Sam from Y combinator!!   Let's break it down:  SBF was a massively connected crook who stole billions and ran the biggest  market manipulation in crypto, possibly in all time.  Stanford was the CENTER of the political BS that DROVE Sammy's lobbying success.  

Standford should be apologizing to us all!!! Instead, the ivory tower releases fresh stuff that they say is rain on us.   Stanford OH YEAH that stanford Not in the FT:  member six million dollar scandal for getting rich kids in ahead of smart or hardworking kids???  That was NOT awesome.  df8d46008643beb87b9fa17661af027372d9bf1c41b703d718b2f30224bf0b85.pngTLDR:  all the profs said  to each other, ho ho ho, whoever the SAILING COACH recommends gets in.   We know its a payoff, but it's all from the RIGHT sort of people!!   Don't think of it as RIGGED exactly... ya THAT stanford.  Coach John was like the FIRST to sign up!! 

Did Stanford not just enable but PRODUCE the biggest scam in all crypto?  Hell yeah!!! But to Marie, Sammy's MINIMUM eight billion dollar theft is about the same as Elon grandstanding or the reality of better and better chatbots.  

This is disgusting.  Marie knows perfectly well that the bad things Sammy did were all ALREADY illegal.  Plus she knows even her wet dream of expanding reg hammer power abuse will never touch regulatory hideaways like Nassau, where Sammy's parents vacationed every month.  Let alone any of the next actual ten years of regs. all #$(*$#(

It is beyond insulting for anyone from Stanford to lecture us.  Always remember, boys and girls, it's been proven in the UK, in the EU, and state by state in the US , in Hong Kong, already and soon elsewhere

- "guardrails" are ONLY, always and forever ONLY, for the little people.   Rich people legally play every game that exists, only the shrimp get stopped by "retail" rules.  

The EU AI act is meaningless.  Merica is kicking China's arse in AI.  China is kicking the EU's arse in AI.  The act might succeed in accelerating this trend, that's about it.   Marie might be concerned about "bias" as a different version of the truth than she prefers, judging by the agitprop she spews here.   Elon got drunk on power at Twitter alright, but so did Parag and Varaj before him.  In any case, Elon has ALREADY STATED HE wants transparent algos AND an honest user count AH HA HA HA HA HA HA oh that's VICIOUS, Marie!!   Elon wanting the same things y'all want makes him just as bad as Sammy AH HA HA HA HA ar ar ar AROOO00000!! And Sam Altman is PURE EVIL, cuz he is a gay dude who likes free speech!! 

actually, even funnier,  that's really the way the ivory tower sees it all.  Because after all Sammy was one of theirs!!! LMFAOOOOO!!!! 

Oh well, 

The only other crypto we get is the lowly letters section.  b2052913adbb54dff34af942926875a101953f000c9d2df51105991a0a2f01ea.pngTLDR: Royalton Partners in Luxembourg is an alternative investment manager, mostly working in real estate, private equity, and fund of funds, think they have like A crypto index.  But even they had to call the FT on Fabios' line of $#$(*&#$!!! ar ar ar !!   Just like us, Royalton says the llttle people in screwed up fiat situations NEED crypto, since it's been proven the local monetary policy is !@#$(#$&#$(&. ed.  LIke Egypt, where only dollars work but there ARE none for the little people!! Or Ukrainians, where overnight 25% of your local stablecoins go piff overnight in case the bomb blasts were just not worry enough  b795e9c0da2f090011499b9d2df6f3d4ddb65f12d72c2ca49766bd72d8f26f7f.pngTLDR:  WHAT kind of elitist SNOB can say fiat is always right??  & this is just the OFFICIAL rate, real rate is ALWAYS worse still.  Behold, a DAO stablecoin 30% down ar ar ar !!!

Thank you Royalton!! Good on ya!!   The REAL story:  Royalton Partners had to write the letter, they are NEVER gonna be asked for a QUOTE like Chas from not blockchain R3 ah ha ha ha ha!!!  Nor will they have giant puff portraits done of them like Fabio.  It's funny, gang, all of this reasoned simple logic is kept under "guardrails" in the FT ah ha ha ha ha

OK crypto fans, that is the drip we are allowed of crypto news in the big boys financial papers, all caught up!!   Too late breaking reading music:  Bad brains at CBGB's it's funny the appearance of violence while actually being a fully integrated happy dance fest!!! TLDL:  Bad brains were 199% awesome when they hit that hardcore, but they would bumble around a LOT during their gigs.   Some of them hung out on the  punk rock scene in Houston, which of course made them really freaking cool right there. Bless ya HR, Dr. Know ( ar ar ar )  wherever you are!!! 

We love ya people!!! Take care of yourselves and each other the world needs you!!! Thanks for being here mighty Watch Army!!

Peace out

Love

Dave

please refer a friend!!!  really appreciate it

ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

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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