Crypto people, we love you!! & although it doesn't seem like it today, the universe, or at least the long arc of history, loves you too!! Along with the monument to cognoscenti that IS the mighty Publish0x!!
Crypto in the FT today, baby!! Changing it one chitpost at at time, thanks to y'all! Dear readers know the FT goes DAYS without any crypto news in print, cause it's all GOOD NEWS lately!!! Until yesterday, sheesh. It's VERY funny to watch the FT scramble to produce as much negative crypto news coverage as they can!!! It's all hands on deck, aces high, EVERYONE contribute to the FT anti-crypto narrative!!!
Let's take our lumps!!! Let the kicking of crypto whilst it is down BEGIN!!!
But first - In the print edition today, the COINBASE "" makes dead trees. We stand by our objection to the word censure, which NOONE else used. In today's FT, they use the word censure again, in teasers too!! They use the word censure in a REAL article, one where real criminal proven activity happened:
Compare and contrast. is given to the UK gummint for actually losing 8.5 BILLION to fraud ripping off 1.5 billion from the rightful oldster owners. On the other hand, the UK claims BaFin ( who STILL should STFU after the Wirecard reghammering scandalcensured" Coinbase for ripping off--- exactly zero. Really just hoping for better risk management. Coinbase won't take years and years and FOUR DECADES to fix this $0.00 loss to consumers. So WTF does "censure" mean again?? have a stack of FU's, FT!!
Note - Ripple ran ANOTHER full page ad in the FT!!
Next - crypto news that dare not say crypto!! The BofE's chief econ admits - maybe, just perhaps, all that loose money and QE might have made inflation worse!! No chit, pal what WAS yer first CLUE??? Food prices rose at 15% last month!! Meanwhile in Spain, the gummint is fumbling around mishandling the 140 BILLION in fresh fiat THEY are getting!! Dear readers remember we say good riddance to bad rubbish on Pfizer advertising (and censoring) Twitter - now Elon says user count is MOONING!!!
On to SBF bashing & death to crypto celebrations!! Hey, crypto made the front page!! Ya KNOW that's bad news only, lol
: all the news we have already heard. What's funny?? CZ could still bail out!! FTX was backed by blue chip investors like Black Rock and Ontario Teachers, and Softbank!! Funny, we think Softbank's track record indicates they are morons!!! And Canadian pension funds looked like the worlds BIGGEST fools, bragging about their awesome due diligence when they handed Alex the Machine TEN FIGURES in cold hard cash RIGHT before HE blew up!! It's funny, Sammy and CZ had the twitter flame wars, we reckon CZ won big time!!! CZ is the last man standing and now the only one to really speak to regulators. Sammy looks even MORE overexposed / like an idiot for his time trying to save OTHERS!! (actually fooling us all to think he was OK!!!) Sammy's lectures to the gummint about how to revamp the futures markets look extra hubris filled now. Still needed, look at the LME's effups, but now set WAY back!!
Markets Briefing gets the boot in on Sammy Fried!!!
We STILL DON'T CARE, crypto winter is STILL over, this is just a Sammy eff-up. Turns out Sammy was hiding how hurt FTX was when he was bailing out Voyager and BitFinex!!! Games within games!! Still, ya heard it here on the Watch first!!! Sammy was WAY overexposed, now fried. But it's nevertheless crypto spring!! Just a nasty, late, muddy, last storm of winter kinda spring...ROFL!!
In any case, btc ain't going to zero!! and the FT calls BINANCE "black n yellow!!!" Lol!! Heres for you AGAIN CZ!!! you got the BIG boy, we know what you PAID for it!! ( no debt, don't use your own coin as collateral ROFL)
OK, back to FT bashing crypto!! One of the endless groundhog day re-rehashes of HK coming back makes print!!
OK, that's due diligence on the FT print. Online!!! Alphaville publishes yet ANOTHER running gun battle on crypto:
It's funny, though!! The FT sez CZ is Truman, and SBF is Stalin in cold war terms!! !! Stalin is established, centralized, playing nice with the regulators. Truman is decentralized and libertarian. OK, fine!! The AV prays that this is the mutual assured destruction of crypto!! Then says it's OK if you don't care, cuz Disney dollars!!
The REAL story: Oh, but y'all so clearly really DO care about the crypto, FT!! lookit yall scurrying!!
LEX trumpets how SBF was the predator, now the prey.
The REAL story: Klaxons are from 1908, powered by six volt batteries on cars or bicycles. FU, Lex, DeFi already IS mainstream!! Wake up, enter this century!! Not your keys, not your coins baby, say it!! This changes nothing, dream on with your 114 year old metaphors. Crypto was BORN to not be fully regulated, and y'all #$(@#$#@(&*& well know it!! Plus, WTF?? FTX never ever was even CLOSE to DeFI!! What are you talking about, we no understand klaxon speak!!! Nor do y'all, apparently !!
Here's a great quote, sincerely, thank you FT -
The article also points out that the deals Sammy did to save others might now collapse, contagion squared!!! Well at least we get another black n yellow photo to pin on the wall:
Finally, we have this piece of agitprop hate for crypto:
If the FCA had let Binance in when France, Italy, Spain, the Netherlands, and god knows who all else did, the UK would have seen literally tens of millions of tax income (plus jobs, investments, etc.)
misguided, short sighted, cutting off nose to spite face bit of agitprop is ALSO hate for Matt Hancock as well. For reasons we don't bother to understand, lol!! Some UK politician is getting slammed right now for saying the F-word in texts. Yes, the SAME F-word the FT printed in cleartext above, go figure!! oh wait, we get it, the f-bomber must be on Matt's side, not YOUR side.
This article really us. The FT admits that UK investors got hurt ANYWAY. So, admit it, all y'all did was to stop ANY of the bennies from flowing to the UK. Plus the FCA let the pension funds lard up on risk illegally and crash. Plus the UK paid out eight billion in fraud last year, plus they ripped off one and a half billion from pensioners since 1985. Promised to pay it back by next month, then said that too was a lie.
With all due respect, have a nice cuppa STFU, FT!!! But hey, ya got to say ONCE AGAIN it COULD ALL GO TO ZERO!!! No, it won't. FTT was just another chitcoin, that's true. But only fools who were, dunno, like, long gilts had all their bags stuffed with FTT.
Slag Sammy, slag D'Oh, but face the reality: the FCA scr-wed the POODLE by missing out on all the commish taxes the EU & elsewhere are rolling in right now. Weeks ago, the FT printed crypto is dead (inshalla, haibibi) because volatility is down. Well, now it is raining volatility, volume, and therefore taxable commissions as people rush to the door. But the FCA has the UK standing there with a fork. Four forks!!! Sorry, four Q's!!!
OK then!!! CZ said he ain't gonna bail out Sammy after all just now!! we still must go to sleep. Tomorrow, the crypto market will still exist, and there still will be at least half billion in market cap in there at worst. And the UK will STILL not be making any tax money off all that volume!! Nor fees, nor income tax, nor lunches with regs at high priced London hotspots!!! THAT's all gone to PARIS, thanks to the FCA!!!
Finally - this crypto spring looks like it is one of those where Krakatoa filled the air with ash, and there really was no spring that year, we concede. But there WILL be a crypto spring, it's still coming!! Here, want to see a pretty graph for once? Here's the market cap of BUSD, lol
Don't believe us?? what about LEX, the law of the markets!!! Here's the same chart for self-censoring USDC:
We love y'all, please take care of yourselves!!
PEACE out,
please refer a friend!! thanks!!! ambassador link: https://www.publish0x.com?a=WZdPKv2bKg