FT crypto watch Sept 28


Crypto people, we love you.  Thanks for jacking mankind to a higher crypto awareness here on the inimitable Publish0x!

We just re-learned that word, inimitable, reading Ganesh giving  a history lesson on Brit anti-americanism while laughing at Liz for thinking she could get away with what she is trying.  It's Reaganism without the dollar, which is unworkable.  The UK ain't got the world reserve currency, the UK can't stare down the EU or the US.  Ganesh said others laughed when he said Liz might not last until the next election, but now she is tripping even sooner than he expected. b1460704aa80ec4ef4f6a3818be429a1fdf17eff4c5e3a615a44a5d8ba1c4894.pngMost of the FT is taken up with the plight of the pound.   But really it's all currencies as fiat FUD elevates the dollar like always.  While at the same time, messing the rest of the world UP.  Hard!!! Like Mikey Sailor and others say  look at BTC against a basket of world currencies, not just the dollar.  c516ebb3e5792976c18bba5280e3a3382ca0b7e30c13f42133f3b400c1590496.png

The REAL crypto won't say crypto story in the FT:  the UK is going to quant easing to save the gilts instead of even more interest rate hikes cause the pound and the economy are going straight to hell.  Crypto people think this might signal be the end of the rate hikes, impossible to sustain with current debt and financing loads.  

Dear readers remember it's funny, Kwasi removed the bonus caps, so traders promptly take on MORE RISK!!  Ar ar ar, what didja expect. In this case, tanking the pound. Kwasi is meeting with biz leaders to say "stay calm."  Industry leaders say we wish he would say he made a mistake and back off.  Instead, we fear he's gonna double down!!

Even funnier, Crispin Odey of Odey Asset Man is up 145% this year, making his $$ by shorting the chit outta the pound.  Crispin used to have Kwasi working for him as a consultant at Odey!!  We reckon Crispin knew what Kwasi was gonna do!! ed5bf147b3c1da9212faf021043af7332c9da84debd1d7501b66da78840e8851.png

tradfi corruption watch: a cheezy deli in the dirty Jersey was opened by two teachers, made revenues around 40,000.  Revenues!!   Former student James offers to help out, securitizes the deli.  James then whips up fake volume, investor monkees like Duke and Vanderbuilt buy in,  the pastrami must be lovely cuz here we are: 98ea4d88967fb387336f11de4e4071f972448acdecb39af0136e5006fd26b52a.png  One hundred million dollars valuation.  We think the food in the Jerz is never really that good, no matter what they say.  Instead of eating in that concrete box, go into the city and eat at Katz's.  That's all. 

Crypto that says crypto:  The story on Revolut finally getting their bank license along with a crypto license makes print.  It's funny, it only took crashing the entire UK world to get regs to soften the Revolut banhammering!! 

The Sammy Fried IS the white knight story makes dead trees. 16794f455c4a1181ce3af84a3bf8c65447ae3a0908ab61e641ad97a1885971e4.png We stand by our comments about the lawyer kabuki. 

Finally, the latest D'OH!!! Kwon story makes print.  We missed a FUNNY!! D'Ohs latest social media still lists him as being in Sing.  Red flag, meet bull.  Don't spit on Superman's cape, D'Oh, the Sing's grim reapers EARNED that nickname.  Meanwhile, Terraform still denies, denies, denies.  Korea has overstepped with D'Oh's arrest warrant.  

That's it, no actually NEW crypto in the FT today.  Which is a shame as there is a LOT of HILARIOUS crypto news out there.  FTX is ditching Chicago for Miami!!   Christies, the huge auction / real estate house, is doing NFT's!!   Mikey Luna sez anyone who rode Luna from 20 cents to $100 and didn't take profits IS a Lunatic!! 

Positive funny crypto news!!! 

Crypto.com joins Binance and Luno with licenses to chill in France!! Makes Revolut look kinda weak, hard to compete with Binance

Stanford proposes reversible ETH.   What?  No, just no. 

Mikey Sailor throws shade on Jamie Diamond just like we did in the tweet wars - saying BTC is good for noone is unbelievable!! 

Some neggy, but still NEWS!!  Nexo got sued by multiple states for offering Earn!! Jeez ya would think the FT would print THAT one!! 

Ah well, we love the pink lady anyway.  And all of y'all crypto stalwarts.  Our day will come.  Hopefully not the Amy Winehouse way, more like Ruby and the Romantics.  Skip to 30 seconds in to skip the cheezy MC. 

Peace out, crypto pioneers!!   We love you so!!

Love, 

Dave

 

Our day will come (Our day will come)
And we'll have everything
We'll share the joy (We'll share the joy)
Falling in love can bring
No one can tell me
That I'm too young to know (Young to know)
I love you so (Love you so)
And you love me
If we just wait a while
No tears for us (No tears for us)
Think love and wear a smile
Our dreams have magic
Because we'll always stay in love this way

How do you rate this article?

17


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!

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.