FT Crypto watch March 14th

FT Crypto watch March 14th


Cryptonauts we love you!! as does BTC price action! 

what news today from the biased pink lady? We got fiat war machine cheerleading sexy pics!! 56625cefd7d6c205c676c240d14ba02b4e510664a54ab157759e7f8013fec252.pngTLDR: C'mon ya Swiss, we KNOW you promised to not let Swiss weapons to be used in active wars!! But just sell us AMMO then!! Forget that stupid neutrality thing!!  Against a background of the Brits saying war is coming between the UK and China and Russia. WHAT?  Oh yea, the Chino-Russian forces are massing to invade Dover NOT AR AR AR AR !!

 

What CRYPTO news from the pink lady?? Well, they DID have to say number go up!! 8606cb93137ce6168311d6cdb085143f28a026fa1c4606e027f30801a0527079.pngTLDR: Notice the subliminals are still pretty bad ar ar ar!  what is that was that Bitcoin burned in a fire or something?  A bad spray tan job?  plastic surgery disaster??? ah HA HA HA that was photoshopped with HATE by a no-coiner!!! ar ar ar !!

in another not subtle dig, the FT stays with that whole "so-called" stablecoin slur.  Ya & y'all are a "so-called" crypto reporter ar ar a ar000OOOO!!!  Let it go, wee radge joe, stablecoins are stablecoins by design, not by performance.  A truck is still a truck when it jack knifes!!  No one thinks yer cute anymore, you could at least act like a man ar ar ar !! 

The REAL story - BTC looks great the more the tradfi world looks like chit.  And boy howdy is the tradfi world looking like a clown car crash lately!!  "no serious economist thinks inflation will be a problem!"  "we are not gonna do a bailout!" "not one dime of taxpayer money will go to this bailout! " Ah ha ha ha ha!!! 

In print, we get the world hating on CDBCs - as dear readers know they SHOULD!!! 890ff7509abf77411687da5955041fe491f5221337b9d8ed239bf02f55f2f2bd.pngTLDR: we all laughed at "britcoin" as the BoE flip-flopped !  Now the FT tries to call the Merican version Biden Bucks!  Rehash - all the places where CBDCs have been publically launched (Nigeria, Bahamas  Easter Carib, Jamaica ) have been laughable failures. Mosope, the Nigerian economist, says it's about the lack of trust. China launched a pilot as well which faceplanted. Ceclia from the BIS ( oh yea we trust them NOT!!!) says just because no one uses them does not matter ( ah ha ha HA HA !!)   If CBDCs take off, they will kill the banking system ( ah HA HA!!)  Libra of Facebook was killed to preserve Fiat printing power.  Jim Rickards weighs in aeca71e2564a0b73b403a005d292f1b69f834df57eb3b85ba18a2e3e57324b8d.png.

The REAL story:  Yes, britcoin is a real thing. NO, no one calls the pending Merican CBDCs Biden Bucks nor Biden Coin, don't believe us, ask Google, then laugh at the FT's feeble try !! ar ar ar !!   Also laugh at the BIS pretending we will believe THEM.  

Jim Rickards is a powerhouse, we saw him around at Citibank before he went to Long Term Capital Managment, where he negotiated the multi billion dollar bailout when LTCM crashed the world.  It's funny, all the LTCM & adjacent guys repeated the same joke over & over then it turned out to be true - If you owe the bank a million dollars, the bank owns you.  But if you owe the bank a BILLION dollars, YOU own the BANK!!!  We were offered a tech job at LTCM, but it was for CHIT money - their attitude was you should be so grateful for a chance to work for them.  Still can't figure out if it was good or not that we did not take it. 

JIm Rickards tho - he was a hard core  anti bitcoin guy for a long time, instead he was an old school gold bug.  He is often preaching the sci-fi concept of Ice-9, the story where the entire world freezes solid - only in this case it's the FINANCIAL world!! 

Rickards had a come to jesus Bitcoin moment, namely when the Canadian financial system went Ice-9 on the truckers protesting in Canada!!  but un censorable BTC was able to (mostly) get thru.   Since then, Rickards hates the CBDCs but loves the crypto ah HA HA HA HA!!!  Leading us to reading music!! TLDL yeah here comes bitcoin baby!!  

Coming from afar
Reaching for the stars
Run away with me to another place
We can rely on each other, uh-huh
From one corner to another, uh-huh ee504e78329420315cc48cd2191f13a603377de7494d6101896d75abdf182c57.png   We love you crypto people!! Peace out!!  Love,  Dave Please refer a friend!!       

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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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