FT watch Oct 4th

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Cryptonauts we love you!! Our strength is the strength of ten because our love for y'all cypherpunks is true!  For real, baby, we don't lie, you know it!! 

The illusion of freedom of road tripping is discounted by the freaking rain, white line fever is worse too. Still all damn good thoCrypto in the FT today!!   Elon WILL TWEET and each one will cost a Doge penny!!! Kind of crypto.  Can we haz visibility on the algos now plz lol? 

Ahh, the FT is busy playing that fun game, let's crucify Kwasi!!The ed board in an op-ed gets out the long sharp knives.  Can you say humiliating, severe turmoil, revolt and surrender, bad optics, acute embarrassment, disastrous???Sure you can we knew you could!!! 

Tradfi corruption watch - WTF Credit Suisse??  Y'ALL lost 1.5 to 4 billion somewhere in the old balance sheet???  THAT  makes Alex the machine look like he's doing rookie numbers, gotta get those  balance sheet hole size numbers UP there Alex.  SCRAPE the bottom of that barrel CS. 

Dear readers know Schumpeter is our fav Austrian econ who needs to be relaunched to sail the meme sea.  Here's an update in the letter's section!! :  our boy Schumpeter sees the funnies!!! Pessimism always seems more profound than optimism.  We think Schumpeter would agree with Kwasi, maybe 70 year high tax rates don't get it.  Fer shure Schumps would see crypto vs crypto vs fiat as badly needed, long overdue creative destruction!!! 

Prediction coming home!! the Big Read is all about the slow motion crash!! Built on a boiler room sales team, freaking out the Indians with a culture of "openly swearing" lol, the education company ain't looking too good, three other startups competing with them lost 400-600mm. 

Crypto that says crypto!!

Alex the machine's ten MM grab for taxes makes print.  Still a

K. article online today makes print.  We stand by thoughts, adding we missed the emphasis some put on the fact that is fully cooperating with the investigation.   Brits do y'all think Kimmie K is gonna rat out everyone she knows that ever shilled crypto - probably without putting #AD in the tweet?  THAT should have been enough "fine print."Prediction:  Kim K will NOT rat out one single other influencer, that's an (unamerican) fever dream. 

Finally, LEX prints THEIR Kim K rehash.  Thank heaven for small favours, they took out that strange, unfounded headline about Kim says Gary can take it all, baby!! Or something?? On reflection, Kim K. got scr-wed.  She DID put #AD in the (by definition) short tweet.  WTF?? where was the fine print SUPPOSED to go??  The rest of the article is great, tho the end today hits depressing:  the SEC is becoming the defacto crypto regulator by winning cases like this against people like Kim.  Kim has much bigger and better fish to fry, the SEC won because she never fought. 

That's it for today, intrepid FT crypto critiquers!!!   

Some flatbed tow truck was transporting a car with four giant floodlights, brighter than their real headlights, FACING BACKWARD into traffic. Looked for all the world like a car going the wrong way down the highway, blinding us all for a long time to get around it in the rain.  We gotta go try and sleep but ya know we are gonna see that again first thing lol!!! Oh well

peace out

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