Crypto followers, we love you.  In this time of hardships caused fiat mismanagement, we treasure your views about giving money back to the people, and away from control by the state.  Thanks to the sturdy platform of the Publish0x for granting us this time together, we love it!! 

And thanks for your help changing the crypto fabric of the FT, one joke at a time!! 

Today's print FT: The world marches on.  The first speech by a robot in the House of Lords!! Yeah, a lot of them SEEMED like robots before, Boris just lobbed another gaggle in.

Crypto not labeled crypto:  The pound's gyrations are smacking random innocents, like UK lawyers can't hire talent for the "magic circle" of good law firms.  Well, they are lawyers, so maybe innocent is not the word! Ba da boom. 

It's very funny, the BofE is doing quant easing again, but it turns out they are so awkward to deal with it's not working.   You have to submit your offer to sell gilts to the BofE, they won't take it if they don't like it, or who knows why not.  Meanwhile you just got stuck with the risk.  And the BofE sez move yer arse, only three days left to secure your future, pension funds!! 

The IMF remains funny.   The IMF blamed the UK for a lot of stuff including inflation.  Then UK folks blamed the IMF for THEIR causing inflation.  Now the IMF sez the world is going to a "darkest hour" with inflation and recession (say it STAGFLATION say it $#($#&!! you!!.)  The funny part: the IMF gets another dig in at the UK.  The IMF does not use our  Pushme Pullyou analogy, they prefer to call the UK a car with two steering wheels.  Is that car fighting inflation or stimulating?   Again, the pot calling the kettle black.   Meanwhile the EU is about to print 36 billion for Poland for covid. 

There's a funny letter from the excellent Mises institute, the center for Austrian economics.  Alphaville recently pointed out the central banks are going bankrupt. "Negative equity in central banking, coming soon to a Fed or BofE or ECB near you!!"  ar ar ar.  The letter points out that the Fed has an unrealized loss of investments of 1 trillion so far this year - which is funny, since they only have 42 billion in capital, wahey!!! Negative equity in SIZE, baby!!  Thanks for printing Mises, FT, even if only to reinforce the Alphaville view. 

Crypto that says crypto in print:  NEIN!!   Which is sad.  Really FT, robot painters yes, crypto no? 

ONLINE then:  we get one article, of course the FT views it as wildly negative: TLDR:  Treasury says Bittrex knew perfectly well that clients were in sanctioned countries like Crimea, Sudan, Cuba, Iran and Syria.  But Washington DC based Bittrex traded 263MM with them anyway between 2014 and 2017.  So this fine represents what, a 10% tax?  Not even, as the dollar has inflated 25% since 2014.   This settles all cases against Bittrex. 

The FT thunders: crackdown!! First Blender, then Tornado, now the largest OFAC action against crypto!!  Bittrex responds: striving to comply in good faith, steadfast, robust and strong compliance. 

The Real story:

This WOULD be an appropriate time to mention the lawsuits (not to mention moral and ethical issues about privacy)  against Treasury over the Tornado enforcement, if the FT were in fact without fear or favor towards crypto.  

Bittrex is hanging tough in 28th place on Coinmarket cap, link below, it was #30 a while ago.  All in all, kinda wrist slappy for Bittrex, being in  Washington pays off?? 

For bonus thrills, Treasury brought in FCEN to co-star with OFAC on this bust, showing off other groups to enforce crypto.  Treasury says thousands of individuals in sanctioned countries received benefits from illegal trades at Bittrex. 

We would like to know how many of those individuals were actual state sponsored baddies, and how many were just average joes trapped in a gummint hellhole.   Dear readers will remember we should all cry for the fate of those living under the fiat abuse inflicted by the Sudanese pound: Not even a dead cat bounce on that one.  Try saving to bring the kiddies to Disneyland against THAT tide. WTF, was their gummint chanting death to our fiat??   ANYONE family trying to get the hell out of the Sudanese pound between 2012 and 2019 would have GLADLY paid a 10% surcharge to escape.   We want to give the FT an FU, but Judges deny us.  

That's all tonight, crypto finance lovers! Mind yourselves!! Safe home!! Good sleep when y'all get some!!

PEACE,

LOVE

Dave

Now I'm to begin
The life that I'm assigned
A life that's been used before
A thousand times I have a feeling deep inside
That somethin' is missing
It's a feeling in my soul
And I can't help wishing That one day I'll discover
That we're living a lie
And I'll tell the whole world
The reason why Well, until then, everything I know is what I need to know
And everything I do's been done before
Every sentence in my head
Someone else has said
At each end of my life is an open door

In our favorite Who concert, in a Houston stadium, we brought colored pens to fake a sweaty hand stamp to gain floor access.  This worked, and we made our way up the the front.  The Who were playing a very saccharine concert, we felt, losing the Who spirit WE wanted. The Jumbotron behind the band was showing careful, beautiful crowd shots, families waving as the camera panned over the lovely scene.  John Entwhistle, the Ox,  looked so bored we thought he was asleep, he had NOT smiled all day. 

Carefully waiting until the camera man swept by, we timed a run up some people's backs to jump up into the lens, flipping off the camera and screaming.  It worked perfectly, we were on the Jumbotron!!  It was funny, the cameraman cursed and cut the feed too late.  The important part?  Thunderfingers his own self looked right at us and laughed!! We put a smile on Entwhistle's face!! ah man, they can't take that away from us... 

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