FT Crypto Watch April 12

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distributed money delighters, we love you!! Thanks for being here on the Pub0x lighting the way for future generations to rise above fiat!!

History loves you for being the central part of the Watch Army, ever laughing at the follies of the fiat agitprop!! It's very important.  What funnies do we get today??

Here's a story about crypto NOT ALLOWED to say crypto!!TLDR: if the good doctor's pay was tied to Bitcoin, she would be looking at a 10,000% raise ar ar ar !!! 

Well, let's see.  there are only TWO full page ads in the FT today!! One from crypto ONLY ripple and the other from crypto enabled captital.com  And so according to our current theory, this means the FT agreed to NOT print any crypto hack jobs!!  STILL holding true today ah ha ha ha ha ha!!  NOT a drop of crypto that dares to say crypto in print today!! 

Plenty more stories really about crypto that won't admit it tho, heres a massive one

Hey member that "transitory" inflation they told us did not exist?? Zoom way out for the laughs on this one.  First the "monetary authorities" the IMF & the gang CAUSE the global troubles.  THEN, they WARN us about them ah HA HA HA HA HA!!!  Hey we just tripped you!! so WATCH OUT FOR THE HARD LANDING nyuk nyuk nyuk nyuk!!! 

: maybe 10% of all banks in the US will fail if they really marked to market all hold to maturity plus stuff they will sell before then. 

Ah well.   Online, prepping for tomorrow, we get one article.  It's REALLY funny!!! LEX, who HATED crypto the last ten articles, is suddenly ALL CONCERNED about Bitcoin and crypto's future, isn't that cute!! :  Here the FT finally admits BTC went above 30K.  Then, a quick lie - higher prices mean higher energy consumption!!  NO THEY FREAKING DON'T!!  If the price of BTC went 10X overnight, the energy consumption in the morning would be about the same.   Higher prices mean more efficient mining CPUs, THAT is true!! 

The real horror of all these BTC eats all the electricity??  No one EVER EVER estimates the true cost of the NON bitcoin financial system.  How much emissions from the US army enforcing the Petrodollar!!  What about all the banks and all the mints & ATMS & armoured cars and wars & general madness of fiat empires?? 

OK that's it, time for rebel music before we can continue with this idiocy!!

The FT promptly quotes the Cambridge Bitcoin Energy blah blah blah as a source.  Another great lie!! Who sponsors that pile of nonsense?? Why, it's our old pals the BIS and the IMF and the World Bank and all the other tradfi crypto hating kings you can think of. 

NOT in the FT, tho actually in the Cambridge report, all the BTC emissions is only about 50% of all the emissions for MINING gold.  Hey, how about all the emissions for STORING gold, TRANSPORTING gold, TESTING gold,  safeguarding gold, etc etc etc!! 

The Cambridge report, link below, sneaks in a couple of whoppers ( not, of course, in the #$(*$&#$(*&!!! FT.). One, they claim that all the miners fleeing from China actually made the energy consumption less green. THAT is just a BALD FACED LIE!!!  Miners went to places with cheap but remote hydro electrics.  

Another lie from Cambridge - their methodology generalized ESG ratings by gross location.  So they disagree with the real ESG ratings of BTC mining by a LOT!! Thanks BIS!! for this lie. You rats!! 

Then Lex reveals their inner hate for Bitcoin with LOADS of neggy spin.   LEX says BTC believers don't want to go to PoS for "religious" reasons. 

 Funny, earlier FT articles stated that ETH is now centralized!! LEX of course won't mention this very real concern.  cuz it might weaken BTC!!! they hope they hope they hope!! 

Incredibly, LEX states maybe BTC prices would go down if they shifted to PoS!! Well, yeah, because no one would trust the system anymore, it would lose its decade of perfection. 

Lex steps up to thunder & try to go scorched earth!! AH HA HA HA HA!! "Goodwill is in short supply."  Have a FU Lex!!! Goodwill for central BANKS and tradfi schmucks like y'all  in short supply!!

"Despite higher prices, faith in crypto is weak. "    HA HA HA ar ar ar arooo000000!!! OMG!!! Not according to, oh we don't know, by definition how about THE LAW OF THE MARKETS!!! 

"more than 40% of adults who previously invested in crypto have no confidence in it's safety!!"  According to Pew Research,  which is not peer reviewed, and is  known for donating tens of millions to projects like the New Voter project to attack Republicans who support crypto.    But even if true, do people think the US banking system is safe?? Do 60% of people who previously invested in crypto have TOTAL confidence in it's safety?  Ah HA HA HA HA!!  Do those 40% still invest ANYWAY!!! ar ar ar !!! 

"The collapse of FTX and hacks have overshadowed blockchain tech. "   Oh yea, here we go, FTX FTX FTX!! ah HA HA HA HA!! Well then Lex, why even BOTHER hating on crypto!!   FTX was ALWAYS a bit of fluffy, untrustworthy NOTHING compared to BINANCE and COINBASE & others!! QUIT LYING!!!  

In closing, LEX pretends they care, and says crypto startup funding fell by 4/5th's in the first quarter.  And switching to low carbon might help funding.  AH HA HA HA HA HA HA HA!! Bitcoin don't need no stinking FUNDING!!! Just ask Sugarfix!! NONE of that VC funding had ANYTHING to do with BITCOIN !!! 

OMAG stop we are going to die from laughter!!  The funding fell because the tradfi BANKING system locked up!! ALL the fund raising halted, not just CRYPTO industry fund raising!!  Which CONTINUED, yes, OUTSIDE the tradfi world!!  The FT was just b-tching yesterday about how CryptoGPT raised 10,000,000 in crypto on a whim of an idea!! Just not thru the LSE AH HA HA HA !!!   

Judges agree, have four out of five FU's for this steaming pile, maybe a record for LEX!! & on an article that pretended to be crypto positive!! 

OK cryptonauts, we love you !! Thanks for taking time out of your busy day to laugh at the tradfi agitprop, it's crucial!! 

Please refer a pal to the Watch Army!! 

@davidsawyer Follow us on Twitter, we will follow you!!  

Peace out, 

Regulation and Society adoption

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