Cryptonauts we love ya!! The mighty Pub0x algo seems to be trying to tell us something - like be smarter? But ya KNOW we are not that smart. So here's our nightly love letter to y'all and to the maligned crypto repping in the salmon Tradfi lady!!
In print today Watch Army - oddly, nothing. Oh there is one intellectual vaguely related crypto Sammy funny. Tyler Cowen doesn't drink, he lives to teach econ. He met Sammy and kinda liked him, thinks crypto is getting a bad rep. But here is the lofty insight into SBF: 
TLDR: Sammy was a great bughouse chess player. We love speed chess but have no interest in bughouse but hey we SHOULD have!!!
But no crypto. Oh we get our fiat war machine agitprop: lookit ya start to LIKE it after awhile: 
TLDR: here's reading music for the poor teenage souls fighting a proxy war to use up all the old munitions so we print fiat to buy MOAR>.
Online, FT Alphaville comes to crypto, baby. It's driving AV cray cray!!! FTT and Serum, another Sammycoin, have done a scammy pump from beyond the grave ah ha ha!! FTT had an amazing 3x dead cat bounce. Suspicious as anything. In another impossible coincidence, Sammycoin scam Serum also mysteriously scammy pumps!! 
TLDR: Did we say dead cat bounce!!! Sorry, we were wrong, it's a CORPSE BREAKING WIND AH HA HA HA!! Thanks Alphaville, we had forgotten!!!
AV finds a couple of twitters, CryptoWizardd and CryptoLimbo, to call the Sammy pumps scams and top tier ponzi, which is full true. AV ya didn't need any moral support from the peanut gallery, call em like ya see em!!
The REAL story: A lot of really IMPORTANT people, ya know, the RIGHT sort of folks, lost a $#$(*&#$(#$. #@(&#$(#$&& lot of money in FTT and Serum. Here we see the scammy pump to let them get some back, the gummint seems to be allowing it. Not in the FT, other sources say FTX MINTED a bunch of FTT!!! And clearly the loads of funds were stolen very late in the game. Plus the feds hilariously got liquidated on some funds when they moved them out in the wrong order, etc. so perhaps we go too far to say anyone is 'allowing" the scammy pump.
Two thank yous, no neggys, thanks Alphaville!!
Online: here's a funny story!! The Belforts, old oil money, lost boatloads to Madoff, MORE to Enron. & now they are young at heart and lost 35mm+ to Sammy!! 
Don't worry, AFTER all the losses, Forbes estimated the Belforts at 135mm net worth. The only thing is, the Belforts gave away over 150mm SINCE then!!!
The REAL story: it's funny, loads of people that got into Bernie early made LOADS of money, some had to GIVE BACK OVER a HALF BILLION!!! The Belforts were known to have pulled 30 million OUT from Madoff successfully!! ??!!??
Even more funny, the Belforts sold the oil biz to Enron. They got PAID FROM all those billions of fraud flying around!!! Did some people make loads of money from Sammy ya KNOW people DID!!!
Online: LEX goes too far. 
TLDR: Earning interest on crypto seemed like "a smart way to mimic the interest payable on deposits of fiat money (sic.)" Tweedle D & D loaned at 12% to DCG, paid 8% (&skimmed 4% profit) which looked pretty good with the fed funds at 0.08%. Now Gary is suing them both to wag the dog away from SBF's bromance with Mr. Burns NOT in the FT: 
. Some thought lending was less risky than direct investment. Rehash Celsius & BlockFi.
Y'know, OK, that's all good. NO fu's taken nor given. Then it was all just a setup for this closing STINKER: 
TLDR: WHAT!!! AH Ha ha ha heh.... omigod they're SERIOUS.
The REAL story:
What a bunch of chit. When Bill Hwang blew 100 billion in Archegos, was that EQUALLY DANGEROUS as buying mutual funds???
Celsius went down from criminal mismanagement, whether proven or not. BlockFi was a dead man walking since they loaned 270 million dollars to Kyle and the boy named Su at Three Broken Arrows Capital. It's funny, Zac Prince at Blockfi said the loan to 3AC was over collateralized but they still lost 80 million. That means ZAC got stuck holding a bag of CHIT COINS!!! THAT's not COLLATERAL, Zac!!
FT, now we are peeved. We don't know OF ANYONE who thought that buying crypto, then giving it to a lender was LESS risky than just buying crypto, that's INSANE!!! Interest paid in crypto doesn't " mimic" fiat - if it did it would be at MUCH LOWER INTEREST AH HA HA HA!!! Gemini probably WAS peddling securities, DCG was NOT. But just saying without complete regulatory control, all digital assets are equally dangers means that y'all just don't understand DEXs and cold wallets. And a whole lot of other things, that we KNOW y'all understand, LEX!! QUIT LYING!!!!!
AH HA HA HA did LEX - the law of the markets - just say that without TOTAL REG CONTROL, then the laws of the market do not apply to crypto??? 3 FU's Lexers, we all know that bitcoin would never EXIST if there was a truly comprehensive regulatory framework for crypto ar ar ar ar ar AH HA HA HA AROOOOOOOOO000OOOOO!!!!!
Peace out, people, we love you. Take superfine care of yourselves, thanking you . Gotta sleep.
Love,
Dave
please refer ! We appreciate it!!
ambassador link: https://www.publish0x.com?a=WZdPKv2bKg
