FT crypto watch online catchup! March 25th

Do repost and rate:

Cryptonauts, we love ya!!  Please PLEASE give us a follow if you have not already, we are BEGGING to hit 1,000 !! 

We missed two stories online in the FT yesterday!! 

First we get a nothingburger hatchet job on Binance!!! : BINANCE halted the spot market and deposits/withdrawals for two hours.   "Technical issues and outages are relatively commonplace in crypto" trumpets the FT!! Binance said it was all standard operating procedures. 

The FT finds a bitter ex Binance employee (why would ANYONE quit Binance these days?? OH unless the FCA shut down their JOB in the UK ar ar ar ar !!!) to throw shade!!! " Not standard procedure

Then, OF COURSE, the FT lapses into the same old rehash copypasta anti-crypto flat roof pub meat contest agitprop.   Binance was mentioned (tangentially, as an innocent party, along with another innocent party NOT labeled as criminal) in a report on Bizlato!!  BNB got cancelled by the SEC!!  BNB going down put "pressure on the exchange!" The FCA would not license Binance!! ( nor pretty much anyone else!!)  Four quick shots!! 

The REAL story:  The last time Binance hiccuped was in 2018, a year after they opened.  Let's compare that to the STOCK market exchange, shall we?? This year, the New York Stock Exchange locked up and had to CANCEL 4,300 trades in 251 different stocks!!!  Since 2018, the Toronto stock exchange ( Canada's biggest) crashed THREE TIMES!  In 2021, the Hong Kong stock exchange crashed, and in 2020 the Tokyo Stock Exchange went down for a FULL DAY!! So, $#($#(@& y'all about that "common in crypto" spin you $(#&#$(*&!!

Binance was mentioned only once,  tangentially, as an innocent party, along with another innocent party NOT labeled as criminal.  BNB did GREAT after Paxos' BUSD was cancelled, that's just a LIE!!  Volume went WAY UP after the FT implied it would go DOWN 40%!! Ar ar ar !!  & the FCA has been destroying ALL PM's dreams of a crypto City, along with devastating the ACTUAL, old school LSE biz!! ah HA HA HA HA!! 

We want to give THREE FU's to this steamer! But the Judges try to talk us down to TWO out of FIVE FU's.  OK, but only since the depressing subliminals iin the picture got the BLACK & YELLOW right ar ar ar rooo000000!!! 

Hey, reading music for THAT spin job!!

Finally, we Freudian slipped out of the always depressing slog thru the cryptoally financialitor "news"letter.  Armed with the music of Texass GAYLE, let's RIDE!!

It's funny.  Someone TOLD the graphics department to do another nasty subliminal hatchet job on BTC.  Just like always, they said!!! Make the BTC big & scary with a BLACK "B", do the city in scary black & white, with a black infested backdrop. : but the graphics folks must have caught some of the recent 45% rip to the moon in BTC !! Look, BTC is ascendant, rising UP to the right!!! And the brit coat o arms is sagging down and away like a suicide note in this FT montage ah HA HA HA HA HA ar ar ar ar ooo000000!!!! 

The FT hallucinates that "crypto is being run out of town" in the US.  Operation Chokepoint is just the dream of a fevered few.  Yet AGAIN the FT gloats over Gnat West and others limiting transfers to crypto exchanges to 5K, and the demise of Paysafe in UK crypto. 

Just like in the US, some politicians (Lisa Cameron from Scotland)  are pushing back against this nonsense.  The biz just goes offshore (think FTX!!) And the idea of keeping/making the City work for Crypto is still alive, despite the FT's and the Yes Minister's best efforts.    The FT brags that THEY know "Yes Minister" folks in Westminster that will NEVER listen no matter WHO argues for crypto!! 

The REAL story:  #($*&$#( what a horrible thing to be proud of!! All the elected officials will be ignored as the "Yes Minister" deep state goes on doing whatever will give them MOAR power!! How do y'all SLEEP??? Do you ever look at yourselves?? 

MANY people, including Senators & Congress on both sides, refer to the squeeze on crypto banks as "Operation Checkpoint 2.0." The original "operation checkpoint" was when Eric Holder ( the first & only Atty General to be impeached and held in contempt of congress in a full, bipartisan vote) was running "Fast and Furious" (giving guns to cartels) and squeezing banks who were doing business that was legal (e.g. tobacco & guns)  but frowned on by Eric!! 

In related agitprop hate for crypto, selective news includes

* D'Oh Kwon going down.  That's actually GOOD for crypto!!

* The SEC sued Justin Sun over his chitcoins TRX and  BTT and doing 600,000 wash trades to pump them.  That's GOOD for crypto - AND, some part of Justin is PROUD to get the publicity ah HA HA HA HA!! 

* The White House "let rip" on crypto.  Not in the FT, but only one thing to say here: : ar ar ar ar !!

* The Sushiswap DAO ( NOT mentioned as a DAO by the $(#$&(#$*& FT) got subpoenaed by the SEC.  Sushi is raising 3M for a defense fund. 

* COINBASE vs SEC:  COIN went down on the latest Wells notice from Gary.  CLO Paul is p-ssed.  The FT ignores all of Paul's rational arguments and snidely points to a minor single sentence "there is regulatory uncertainty" in a 300 page filing doc to prove COIN should not be upset.  $(#$&#$(& OFF!! 

We love y'all cryptonauts!!! all caught up with the tradfi Prava agitprop now, gotta hop!!

Peace out, love

Regulation and Society adoption

Ждем новостей

Нет новых страниц

Следующая новость