The Happiest & Funniest crypto August 1-7

The Happiest & Funniest crypto August 1-7


 It's been a funny week in the FT crypto watch !  But some big funnies elsewhere deserve a quick laugh.  Plus, mostly good news once we ditch the Tradfi bias!!

BTC miners SAVE THE POWER GRID in Texas!! f123baf0ce46a5976a4351d35463612fe152cadeb1beba06f71509181a2d78b0.png We are ALL about to face another giant wall of hate for PoW the minute the Merge works.  In reality, economics ain't that simple.   Texas Gov. Abbot brought in a bunch of BTC miners to fund beefing up the grid.  Texas now leads the nation in alternative power.   THIS year, RIOT made two months worth of BTC mining money by shutting down for a week when agreed!  That's right, BTC saves the grid, leads the world in ESG energy.  Remember that the next time some losers whine about PoW.  Which will be soon. 

Not in the news much, Sammy Fried is buying the world!!  Thanks to makeitreal, link below, think this is his graph

0601fc9089abb7cd0ea66b0c99d4543902137547863758e3fcc9fec36e6ef285.pngWe only get the bad news when Sammy shops around.  Even paying attention we thought, here's a bunch of names, darling, names we never heard.  Should be fun, way happy!!  OK not as much fun as triple OG PVM's memes, let's try again....

Mikey Sailor does a head fake & will buy more crypto ! thanks vanassen.eth  for noticing.  Mikey ain't backing off!! He stated:  5842be43b3901a885fb12cb22c23008929b0aa7720dc869dc7e337a61e259370.png We only heard MSTR, since going BTC, outperformed every asset class and tech stock lol !!  Mikey's FOCUSED. ON buying MORE BTC!!   Still owns the voting stock, no worries pals. 

Mikey Sailor has done this ALL before, he was the poster boy for crashing and burning billions in the tech bubble.  Phoenix like he's up again, he's going for round three full force w/ ALL the gusto.  Stand him up fore the gates of hell? he won't back down. 

Binance is on a freaking tear.  CZ is everywhere.  ed084dde96387f0f1ac84912b67170ddcd87c5bc968233e496fcc18e509b75bf.pngLegal with the Dutch, the French, and Spain, buying a house in Dubai, CZ is gonna bring the second nation home to BTC, y'all just watch.  All the hardasses shave their heads, ya?  YOU DON"T NEED THE UK CZ don't worry. 

Binance is launching Soulbound on BNB for decentralized, uhm, proof of KYC?  Still don't get it, but Vitlek & pals are a LOT smarter than us. 851588d75c366ba5f2a221010af9bbb7452e4341c1d041b215783afeb456a98b.png  If ya know ya only have a little soul left, do ya still have soul?  Maybe not cuz there ya go talking about soul again.  Most folks and projects that have soul don't say soul very much.  Except SOUL TRAIN!!! a254c990805718e18a2982866f311e8d9f5e1899509b7edd6b250c8d028f9a31.pngStill looks like a DeFi social credit rating to us, sounds CBDC like, skip it!?!?!! OK, give it time.  Hard to think CZ & V can go far wrong...

What else is funny?  All the feds & their puppets always saying how terrorist & evil crypto is.  Which is funny, since BTC is 100% trackable, and the gummint proved that by giving Chainalysis  buckets of money for tools to watch the parade !  More importantly, a new report is outacdafdf4fbc07a327c032834c4c5fa09395377f13f254703ef6d87dd9e53580c.png

 

Anarchocrypto points out 0.3% of all crypto is illicit, and 0.05% of that is terrorist group related.  Which may include the PTA housewives and Jan 6th protester, but still  a total of 0.0015% of all crypto is terrorist dirty.  Remember that the next time we have to listen to bitcoin is terrorist nonsense. 

Other big funnies include Larry Fink, BTC hater from Blackrock, doing the 180, in love with the fees from running 50 bn of short term debt for Circle USDC.  Which means it's ALL good with the gummint, trust Larry for THAT. 

Oh, HERE's a sign of the market bottom:  (&$#(*$&# mad money Kramer calls it a top730e238151d09f69981c8628335285dc33431b8b13d4438f6d54418c826705ec.pngThis is very funny.  Why? cause  142ede303e3dd07cee6433478b80928d19945916cca22147e33953bd90e1861d.png followed bye835481854014fe7675dbb9f2ca9252975538733f1977ce36bfbe92779ae7673.png

What else?  In a welcome gasp of sanity, Voyager was able to give clients back the cash deposits that were frozen in Metro bank in NYC.  Evil flying monkey lawyers had been plotting to put that money in the pool to milk to pay the lawyers!!! 

But the funniest?  in 2022, fer god's sake: 

A chitcoin is born!! And when a worse chitcoin is made, Justin Sun WILL BE THERE!!!  This is not JUST funny, it's like, vaguely reassuring lol 459221b1c6a0bf45eb5e7c624629706f59e7cde6bebac1ac481cacf932f66f9f.pngAfter the Merge, we all get a choice of ETHS or ETHW.  In any rational world, miners will agree and we will all move to ETHStake.  But in OUR world,  a lotta ETH miners gonna have obsolete equipment, and our world also has chitcoin king Justin Sun around to promise giveaways of ETHW just to keep the world confused and chitcoiny. 

Here's Kool and the Gang from "Wild & Peaceful." Love the horns, check the shoes.

Peace love and SOOOOOOUUUUUULLLLLLLLLLLL!!!!Don Cornelius, and Kool, and Vitalek and maybe CZ would have wanted it this way. 

96c3d061234ebf130d90c0680f607082b25409c7ad536c61b2df89b36e4a41f4.png

Plus Mikey Sailor, Sammy and RIOT.  We don't care what Kramer and Fink think. 

 

Love, 

Dave

 

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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!


Hi, I am Dave, and I just got hooked on crypto !
Hi, I am Dave, and I just got hooked on crypto !

After decades motorcycling in NYC to work on Fintech and play punk rock, I just woke up to Cryptocurrencies and fell in love like never before! Blogging for the hell of it while learning my way through this awesome, deeply revolutionary evolution in money. Join us while we laugh and flip off the central banks and their currency debasing governments! Stack sats to the Moon, Lambo, don't reck, FUD, FOMO, wild wild west, bless Satoshi!

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