FT crypto watch Oct 24th

FT crypto watch Oct 24th


Crypto people, we love you so much!! Thanks for being here united for the future on the superhuman Publish0x!! 

Today's crypto in the FT:  Well, we have Morningstar printing crypto prices on a Monday rather than listening to us whinge, THAT's still a triumph fams!  The price we pay?  Crypto winter in print AND online today in the FT.  Not a DROP!  

Well, we understand, it's all nuts for the pound right now.  Nah, we DON'T understand!! In fact, here's the deal FT ya can't blow us off THAT easy we are just gonna make fun of y'all MORE on days you pretend there is no crypto news!!

Here, for example, not in the FT - no wonder y'all don't want to talk about crypto, here is the PoundSterlingDAO's DAI,  (DIE?,)  performance over the last, well, living memory...TLDR: that looks a lot like the forint, or the Zimdollar or the sadly named Venezuelan Bolivar Soberano, or whatever other fiat is pulling funnies on the race to the bottom!!  82ab8877922b9390438fc6144fd44d13be8fd996b32adc042cb6830361e5a4e4.pngTLDR:  it's even worse than it looks, ROFL!!! The dollar started in 1791, right about 4.50 or 5 dollars to the pound.  Zoom up to early last century, STILL 4 or 5 dollars to the pound!  Then, lose the gold standard, the war, 67 crisis, in 1976 the UK begs the IMF for $$!! The dollar takes OFF, the pound drops, exits ERM, pound drops, dot.bomb, drops, 2008, flight to dollars causes the pound to drop, BREXIT, drops, y'all get the picture. 

But it took earnest young Kwasi and LIz to hammer sterling all the way to parity with USD!!

We would feel bad, but we are still sore about the FT rubbing it in that they betrayed Liz's plan for crypto for the UK.  Turned out positive political crypto  stated goals and news was 100% CENSORABLE in the pages of the world's greatest financial newspaper!!! #(#@$&#@(!!!!  Printing Liz's  pro crypto words  from the grave!!!  Only for the first time last week was just inexcusable.  No wonder the pound keeps on going down.   

We got ONE MORE graph for y'all non pro crypto news printing FT $(@$*&#( read it and WEEP.  Or, in our case, LAUGH!!!!! 2f382682a72185eab7c17f5d7b3e443329e426f501a278612d0b02fd1f7769dc.pngTLDR:  WHAT does that volume graph even LOOK like???  Great British Pounds being traded away into Bitcoin at a spike of, what, 4x all previous records??   That looks like a $#(#@U$!!!  DATA error, unclean, dirty!! But NOPE it's REAL AH HAH HAH AH HA HA HA HA !!!  Yeah, UK, call up Sammy Fried again and tell him your own cold calling London scammers actually belong to him and that nasty crypto stuff!!!!!  

Ar ar ar ar ar !! Lookit, ya know Binance took the lions share of all that!! AND, if the FCA could pull their own head out of their arse, the UK could have had sweet, sweet taxes on all that commish from the Binance UK that they killed!!! Poetic justice. Karma, baby!!! LOOK at those graphs!!! 

That's the REAL UK crypto news, baby.  Can't censor the truth TOO long.  

Crypto that dare not say crypto.  0b2fff2c974231eb0d5ab1d256ada55827728ff88de83dc8991d6ff0498d9a81.pngMassive inflation?  World turned upside down?  We know, quick INCREASE BOND ISSUANCE!!

Japan just dumped 30 billion foreign currency cash reserves into the world to support the Yen.  Does that create inflation?  3df7313ab642cad470181462692e53a04607c83f5cd8384bc9bee461e12e4517.pngWell, let's see, say 30 billion in USD is sitting peacefully in a vault in Tokyo.  Then this day  it gets dumped out to run around with all the OTHER USD liquid.  HELL yes it causes inflation!! Lots of dollars chasing goods & other fiats!!! 

That's it crypto lovers!! we gotta head out to find a snack - the FT has left us HUNGRY for crypto news!!! 

Peace out, 

Love

Dave 

Please help us recruit someone!! They will be the first one!! ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

Follow us @davidsawyer we will follow y'all back!! 

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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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