FT

semanticweb

Yes. This is the article that was written about the collaboration in FT

FootballLong

Even the FT is warming to crypto solutions

Secret_Nobody_405

Although I absolutely love your response, it’s brilliant, logical, and seriously aspirational; but death can strike any time well before we achieve FIRE. I have also made the career decision to choose a career that I can work easily work FT, switch to PT, and then Casual as I age. I used to always desire retiring early but after leaving the workforce for 2 years whilst studying I missed the culture, team and friendship from working. So my aim is to travel and do what I want now, with family and continue to work until I die 😎. My observations are that if you stop moving you die. I also have never met a 90 year old who retired at 40, I could be wrong though.

aaj094

Not sure but this matter has been reported even by mainstream media like Bloomberg and FT.

_Tangent_Universe

According to the FT, hedge funds were getting margin calls yesterday because market volatility was spiking way up.  Gold traders were reporting hedge funds were selling gold to meet the calls https://archive.ph/wZP2e It would also make sense from a rebalancing perspective; stocks have taken a beating this year while gold has been soaring. At some point they’d have to rebalance if their were outside their mandate. Let’s see what happens next week.

Lavasioux

FT's Wisdom Tree is pretty amazing- Tokenizing stocks, so that consumers can buy and sell near instantly. Also Decaf is built on Stellar and can swap between USDC Solana and USDC Stellar for zero fees, and off ramp for zero fees. That is amazing to me. Big Stellar fan here. Add me on SkullFriend 💀

balaena7

just read an article in FT saying exactly that... if it is already priced in it should not shake up the markets too much I suppose?

Smiling_Jack_

Don’t you all have a FT subscription to compliment your Bloomberg terminal?

aaj094

There was one simple goal post. To show us a company saying through their own spokesperson that they make use of xrp for some use case. Too much to ask for? Or at least even a credible mainstream news source (you know FT, WSJ, Bloomberg, etc) saying such. Went are they being so reticent about a financial revolution?

IMSLI

**How the FT calculated the $TRUMP earnings** The FT analysed data from the Solana blockchain, following the movement of Trump coin from its creation on January 17 to the end of its first few weeks of trading. The coin’s initial distribution was primarily managed by four accounts, which set up a “liquidity pool” on Meteora, a decentralised exchange, in order to sell most of that initial distribution. The FT downloaded the full transaction history of these accounts during this period, as well as the transactions within the liquidity pool. From this we have been able to reconstruct how the coin was traded and at what prices. The $350mn is a floor estimate. More money would have been made via sales on other platforms. It is not possible to calculate how much was made from transactions that took place off the blockchain.

IMSLI

Of the initial 200mn, some 158mn coins were deposited into a liquidity pool. This allowed traders to buy the Trump tokens on the open market in exchange for USDC, a stablecoin widely used in crypto markets as a substitute for the dollar. The blockchain analysis shows Trump wallets later withdrew the USDC they had earned from the sale of the tokens, then placed $291mn worth of USDC back on to another liquidity pool — a move that would help support the market. The scheme is likely to have made more money from other transactions. They sent about 14.7mn Trump coins to 10 different cryptocurrency exchanges including Binance, Bybit and Coinbase. Trump-linked wallets currently hold 31mn of the original 200mn. While the value of $TRUMP soared to a high of $75 a token, FT analysis shows the first 100mn tokens were sold before the price reached $1.05. The value of the coin has since plunged 82 per cent from its peak to trade about $13, meaning the stock of 831mn $TRUMP coins held by Trump-linked accounts currently has a notional value of $10.8bn. The president has faced criticism for encouraging retail traders to buy a volatile token. “GET YOUR $TRUMP NOW,” he posted on social media platform X in January, alongside a link to the website. He has also paved the way for other government officials to promote other memecoins, which give holders a claim to nothing except their belief in the promoter, and whose values have also plunged. The presidents of the Central African Republic and Argentina last month both publicly touted new crypto tokens, only for their values to rapidly collapse, leaving thousands of investors facing losses. The $TRUMP coin team appears to be conscious of the danger of a price crash. When Melania Trump launched her own token — known as $MELANIA — two days later, it sent the price of $TRUMP plunging. As the price of $TRUMP dropped, they spent $1mn on buying their own token at $33.23 apiece in an apparent attempt to stabilise the price, the FT found. Nicolas Vaiman, chief executive of analytics firm Bubblemaps, said it appears “they wanted to protect the price”. He added: “It’s something that is pretty \[common\] in crypto as a whole: using their own treasury to defend the charts.”Trump and Melania’s tokens also inspired more than 700 copycats seeking to profit from association with the presidential family, the FT previously revealed.

IMSLI

**Donald Trump’s crypto project netted $350mn from presidential memecoin** *FT analysis shows potential windfall for US president in three weeks following launch in January* [https://www.ft.com/content/cb1def8f-53a6-478e-9b3e-33c383b29629](https://www.ft.com/content/cb1def8f-53a6-478e-9b3e-33c383b29629) Donald Trump’s crypto project made at least $350mn from the launch of his memecoin, a windfall that is likely to fuel concerns over conflicts of interest arising from the token. Digital wallets owned by the entities running the scheme earned the money from sales of $TRUMP in the three weeks after it was launched in January, according to a Financial Times analysis of blockchain data. Trump has faced a fierce backlash since he and his wife Melania launched memecoins, tokens with no practical use whose value is entirely based on speculation, just days before his return to the White House. Investors and ethics experts have said the sale of crypto tokens would in effect allow a way to channel anonymous donations to the president while also exploiting retail investors. “The president of the United States should not be essentially doing things to profit from his office while in office,” said Tim Massad, adjunct law professor at Georgetown Law School and former chair of the Commodity Futures Trading Commission. “It’s a terrible example.”In addition to the $350mn earned through selling $TRUMP directly on the Solana blockchain — the digital ledger that underpins most memecoins — more money is likely to have been made from a smaller number of tokens that were distributed for sale on cryptocurrency exchanges such as Binance. The FT calculated the earnings by analysing the flow of tokens from their creation into official wallets and their subsequent placement for sale on trading platforms on the Solana blockchain. A feature of these platforms, known as “liquidity pools”, is that third parties are able to discern both prices for individual transactions and how much money has accrued in the pool. People who participate in them can earn money from selling tokens and receive fees for providing liquidity to the market. The $TRUMP earnings were made up of $314mn from the sale of the tokens and $36mn from fees. The White House and [Gettrumpmemes.com](http://Gettrumpmemes.com), the website of the memecoin, did not respond to requests for comment. The president’s personal profit is unclear. The website states that “CIC Digital LLC, an affiliate of The Trump Organization”, and Fight Fight Fight LLC, a Delaware company, collectively own 80 per cent of the tokens. The website states that while the product is officially endorsed by the president, the project is being run by Fight Fight Fight and “is not distributed or sold by Donald J. Trump, The Trump Organization or any of their respective affiliates or principals”. Trump has positioned himself as a pro-crypto president, and will host many of the industry’s biggest companies and investors at a summit at the White House on Friday. At launch, a Trump account minted a billion $TRUMP tokens and set aside 200mn to be released as a first batch. The remaining 800mn are scheduled to be released over the next three years.

MarmeladePomegranate

data is not my friend ... let's see.. the FT reports that overall property prices increased by approximately 25% since 2019, with detached, semi-detached, and terraced houses experiencing nearly 30% growth. The FTSE All-Share Index - 14.5% in the same time. Crisis

PirateSKB

https://www.coingecko.com/en/coins/fasttoken I've never seen FT mentioned here, but just an example of something that's been under the radar and doing well. It hit a new ATH 12 hours ago (when everything else imploded), and if you held since 2023, you're up roughly 900% (it's pretty low relatively speaking, but overall it's not bad)

Gamer_Grease

I read in the FT that this is most likely triggered lately by “stablecoin nationalism.” The USA is simultaneously looking into regulating how much stablecoin providers need to have in cash-like reserves, and also looking to make it a lot harder for funds abroad to freely trade in treasuries, and that’s a problem for non-US-based stablecoin providers. Tether, for example, is going to be out of compliance with reserve rules if stablecoins become more regulated, and Trump’s treasury nationalism might make it so that they cannot easily acquire enough treasuries to meet eligible reserve requirements. A stablecoin or two pulling out of the market would create a lot of liquidity issues for the crypto space. So people are trading crypto for their dollars while they still can.

Bankythebanker

Yea, you think the would find less gold on FT Knox and would what… say the shortage is on the US, all other countries remove your gold from our stores??? Like most countries store their gold in the US. If there is a shortage it’s those countries that will come out short. Right wrong or indifferent you’re not really reading the room.

Hakiii

Hey hey heyyyy whatsup whatsup whatsuppp https://youtu.be/e5nyQmaq4k4?si=FT5vNuY9A0fSy9K6

IMSLI

**Trump’s memecoin inspires wave of copycats** *More than 700 coins deposited into US president’s wallet in apparent attempts to suggest his endorsement* [https://www.ft.com/content/831919a9-47b0-4ac3-bcdd-5154c27d9f9c](https://www.ft.com/content/831919a9-47b0-4ac3-bcdd-5154c27d9f9c) Donald Trump’s new cryptocurrency has sparked a flood of imitators, with more than 700 copycat and spam coins sent to his digital wallet by people apparently seeking to suggest their creations have his endorsement, leading to warnings that investors risk being duped. The findings are the result of a Financial Times analysis after the president and his wife Melania launched memecoins, which lack practical use and whose value is entirely underpinned by speculation, days ahead of his return to the White House last month. The FT found 736 different memecoins that have been deposited in the official Trump coin wallet over the past three weeks. Among them, nearly 200 — including “OFFICIAL TRUMP” and “OFFICIAL MELANIA” — are named after Trump or members of his family but have no connection to the president By creating a memecoin, Trump has “opened the floodgates to deception . . . and at a minimum to rampant speculation,” said Eswar Prasad, senior fellow at the Brookings Institution. He added that ordinary investors buying the copycat coins “just exposes them to enormous risk.” The FT analysed the holdings of the official Trump coin wallet, which is controlled by entities backed by the president and holds 80 per cent of his token, with the aim of releasing them to investors in the future. After the real Trump coin was launched, the first so-called copycat coin was minted within 30 minutes, underscoring how rapidly creators sought to benefit from Trump’s interest in crypto. Memecoin creators are taking advantage of a function in Solana — the blockchain that underpins Trump’s memecoins — that allows users to dump new coins into another wallet without needing permission. Anyone can create a memecoin, with online generators helping users make them without needing any coding skills. Appearing in a high-profile wallet such as the official Trump reserve increases the visibility of tokens and the possibility that traders may confuse them for official coins, or may give the illusion of official Trump backing, which could push up the price. “For the uniformed investor it’s very difficult to separate the genuine projects” from copycat coins, said Omid Malekan, adjunct professor at Columbia Business School. Of the 192 tokens named after Trump or members of his family, 167 are copycat coins, while 67 use the word “official” in their name. There are 35 coins that contain the words “Elon” or “Musk” in their name, in apparent reference to the Tesla CEO and Trump ally. Members of Trump’s family who have not launched their own cryptocurrencies have also inspired unofficial coins that were dropped into the official wallet — 30 contain the word “Barron”, 26 contain the word “Ivanka” and ten contain the word “Eric”, referring to the president’s children. Twelve memecoins using the word “Melania” have also been deposited in the Trump wallet. None of these is the real $MELANIA coin, the only other official memecoin launched by a Trump family member.

pokemon2jk

If we think we can predict the market correctly there wouldn't be money managers and hedge fund guys losing their shirt. They are FT professionals and they still can't beat the market and timed it correctly they have all the tools in the world at their disposal but only a few of these guys wins and most of them underperform. Let me know when you acquire the crystal ball on your next quest then we can form a party then

jwz9904

FT is indeed shit

satanfly

No weak hands, just sold all my ver. FT

Dedsnotdead

Poor FT, these attacks are going to look really foolish as time goes on and undermine the credibility of the paper. The FT has pulled off some incredible investigations and reporting in the past. I’d love to see them do a deep dive into Tether and get as much of what’s actually going on out into the open and in print. The reality is that there’s little evidence, it’s just more of the usual mud throwing in the hope that some of it will stick.

RaggiGamma

M$FT not buying bitcoins gives us plebs more time to accumulate. Unless you think more bitcoin in your wallet is less desirable.

Much-Heart200

With the recent announcements on quantum computing, published on the FT, all crypto currency will be hackable, unsecure within a decade. Sell sell sell.

bitsteiner

So just another piece of fake news by FT.

gandrewstone

Dear FT, And I'm sorry not sorry that your entire industry has been rendered obsolete, that your monthly readership is eclipsed by single individuals that are capable of understanding modern trends, and that you are reduced to gaining revenue by writing sarcastic "articles" about Bitcoin so that Bitcoin-related advertisers (Kraken in my case) pay your salaries, by getting impressions from people who have probably invested in Bitcoin. Regardless of the future performance of Bitcoin, your claimed expertise is finance and you totally missed the largest and most important innovation in finance since the creation of currency itself. It is illustrative of your abilities that I have to educate you in your core competency with the observation that every investment has a time component and a future risk. And so justifying your prior lack of vision with the argument that Bitcoin may in the future go down or be replaced with something better is like telling people in the 1960s to not invest in newspapers because they will become obsolete, myopic dinosaurs, reduced at best to simply confirming what everybody already read on more nimble media, by the year 2020. Cheers! Andrew Stone, Lead Developer of Nexa which is a cryptocurrency

hi-i-am-new-here

The actual artle is very different to the headline: https://www.ft.com/content/8533f856-57f1-4765-a3dc-d866543092be > Regular readers of FT Alphaville may have formed the impression that its current and former writers are united in scepticism about crypto in general and bitcoin in particular. This is correct.  > FTAV posts between June 2011 and today may have communicated the idea that bitcoin is a negative-sum game being played on a protocol that’s very clever and hypothetically useful as a unit of account, but is chronically inefficient as a conventional means of exchange and is compromised as a store of value. Our posts may also have promoted the idea that the price of a bitcoin is an arbitrary hype gauge that’s disconnected from any utility the token may have, because it’s trivial to duplicate the utility provided by said token, so any intrinsic worth comes from the sunk costs of infrastructure alongside intangibles like regulatory acquiescence, interconnectedness with mainstream financial systems it was once sold as being the antidote to, and the souvenir attraction of “being the first”.  > **We stand by every single one of those posts.** > Nevertheless, with bitcoin’s price recently crossing $100,000, a significant number of commenters seem to feel they deserve an apology in light of our longstanding cynicism, so here it is: > We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone up. It’s nice when your number goes up. And we’re sorry if you misunderstood our crypto cynicism to be a declaration of support for tradfi, because we hate that too.

coinfeeds-bot

tldr; The article "Hodlers: an apology" addresses the skepticism of FT Alphaville's writers towards cryptocurrency, particularly bitcoin. The publication has consistently viewed bitcoin as a negative-sum game with limited utility and intrinsic value, despite its clever protocol. However, with bitcoin's price recently surpassing $100,000, some readers feel an apology is due for the publication's critical stance. The article offers a tongue-in-cheek apology to those who may have missed out on gains due to their coverage, while reaffirming their skepticism towards both crypto and traditional finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

80UNC3EBACK

The full opinion article: "Regular readers of FT Alphaville may have formed the impression that its current and former writers are united in scepticism about crypto in general and bitcoin in particular. This is correct. FTAV posts between June 2011 and today may have communicated the idea that bitcoin is a negative-sum game being played on a protocol that’s very clever and hypothetically useful as a unit of account, but is chronically inefficient as a conventional means of exchange and is compromised as a store of value. Our posts may also have promoted the idea that the price of a bitcoin is an arbitrary hype gauge that’s disconnected from any utility the token may have, because it’s trivial to duplicate the utility provided by said token, so any intrinsic worth comes from the sunk costs of infrastructure alongside intangibles like regulatory acquiescence, interconnectedness with mainstream financial systems it was once sold as being the antidote to, and the souvenir attraction of “being the first”. We stand by every single one of those posts.  Nevertheless, with bitcoin’s price recently crossing $100,000, a significant number of commenters seem to feel they deserve an apology in light of our longstanding cynicism, so here it is: We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone up. It’s nice when your number goes up. And we’re sorry if you misunderstood our crypto cynicism to be a declaration of support for tradfi, because we hate that too."

Mundane-Size6847

In the UK the Guardian has run some crypto stories lately (normally they ignore it or say it’s the devil) and the FT has been publishing a lot (again mostly negative). Still early in the cycle as many saying - or perhaps this is just a ‘Trump bump’ before the real bull cycle next year. People are starting to talk about it more again so things are warming up imho

JYoungSocial

In ham radio, there are digital modes (i.e. FT4, FT8, RTTY, JT65) which can transmit at decent rates. I've seen a high as 65Mbs (under ideal conditions). The good thing about the digital modes is that they require minimal human interaction and can forward digital packets automatically, which is exactly what is required for the blockchain.

BioRobotTch

The some of the ignorant comments on the FT article are quite funny but there are lots of pro crypto comments too. It's maybe 2/3 anti 1/3 pro. It is reassuring that the majority of the financial press readers still don't understand it. We are early!

Saddath

It was published by FT on X i think

Fool_on_da_hill

Ok. FT job and business owner, but not married, no kids. WTH do you do with all that spare time??🤣. This is so funny to me that you won’t be in a position to research and buy a cold wallet until “later next year”.

JustStopppingBye

https://www.coindesk.com/business/2024/05/16/dtcc-chainlink-complete-pilot-to-accelerate-fund-tokenization-with-jpmorgan-templeton-bny-mellon-participating/amp/ Base is a part of the chainlink scale program, they provide all the necessary NAV data requirements to bring these funds on chain for these large institutions like FT. This sub still doesn’t understand what’s actually happening. bUlLiSh fOr eTh

TheBigLR901

What's the "more details"? Need to define assessment. Or how M$FT defines assessment. Technically, they already are "assessing " Bitcoin by including it in a shareholders vote.

Designer-Beginning16

I remember reading Izabella articles pre 2020. She was wrong all the way. But it looks that she is a critical thinker and during Covid times she changed her mind and switched to a more open and constructive opinion. I don’t know if some exchanges with Nic Carter might have contributed (that’s me speculating). There’s still Jemima Kelly throwing shit to Bitcoin on FT nowadays (they both worked at FT Alphaville), but I believe Jemima has specific orders and is paid to conflate Bitcoin with shitcoins and use any other dirty tactics. Or maybe she’s just another British Karen.

Available-Ad-3133

2014 FT Article of her for context https://www.ft.com/content/aa105474-fa93-36e0-9aff-41d4ae8bcf44#comments-anchor

ungroscolon

The original FT article was calling out the "end of Bitcoin" based on technical analysis (e.g. looking at the shape of the price graph).

Adorable_Exchange223

Thanks, FT

Suspicious1800

You can actually buy right to buy tickets at FIFA Collect for WC 26 USA opening game at Los Angeles. All these are running on blockchain Algorand [https://collect.fifa.com/marketplace/FT\_G\_M02](https://collect.fifa.com/marketplace/FT_G_M02)

moonkingdome

FT next joining? There will always be a next shitshow

Schweino68

Yeah - we are just a simple couple working FT jobs that own a home and nothing else. The only thing we really had to leverage was the home. This is a long play for us, obviously. We expect the ROI over 10 years to be better than putting that into say VOO.

Mordan

you are religiously not saying anything about Trump which in my mind removes a lot of credibility of anything you write or say. The FT is a partisan propaganda weapon that masquerades as smart and researched. Because of the FT, some of my relatives are no coiners.

JustStopppingBye

>You gave multiple links of a chainlink founder stating how important chainlink will be... any chance he might be biased...? Your thought process is flawed. Regardless if Sergey thinks CCIP will connect them, **he still acknowledges that every bank already has their own chain.** Again, the link you gave me uses Sandy Kaul as a reference. Franklin Templeton works with chainlink to solve this problem of siloed networks. Why else would they create a video with chainlink if they didnt have this problem? Also, FT is referenced here, working with chainlink on the DTCC NAV project. Womp Womp. [https://www.dtcc.com/-/media/Files/Downloads/DTCC-Connection/Smart\_NAV-Report.pdf](https://www.dtcc.com/-/media/Files/Downloads/DTCC-Connection/Smart_NAV-Report.pdf)

jawni

Seems like it, but $117,000,000 market cap strikes me as being waaaay too low and most airdrops get jeeted on day 1 anyways. Base doesn't have many protocols, there aren't many socialfi protocols in general, and even if the hype comes and goes, I don't think any other socialfi protocols have ever come close to the peek that FT hit. Might be the first airdrop I actually 100% hold and also buy more.

zxr7

FT strategy, right

tsir_itsQ

real life (N)FT

MrBiscuits16

Currently there are too many restrictions. There was a FT Weekend article on it

kirovreported

https://www.reddit.com/r/Bitcoin/s/u5LFHF2FT6

Nullius_123

Quite so. The FT has the full story here - https://www.ft.com/content/0bc35bea-8a7d-4e0e-9406-64b480e03631 (paywall). She had been tried for this before and was acquitted. It seems she was the gofer for the fraudster behind this scheme (who has vanished).

BHTAelitepwn

a quality newspaper like FT. They wrote an in-depth article but i can not share it sadly.

0x11u

From FT: It is notable that BlackRock-managed funds also backed Bankman-Fried’s FTX with venture capital funding just over a year before it collapsed. It was one of many top Wall Street and Silicon Valley names whose funding helped give FTX its veneer of legitimacy, although the size of these investments was relatively small. For all the talk of crypto’s “decentralised” structure and antagonism with “traditional finance”, it has often been big money managers pushing the gas.

john-larry

There is a non zero chance that these exchanges are insolvent and have been selling paper coins. This is a reoccurring theme in the crypto market. Even when people thought, the market had matured and this couldn’t happen anymore, FTX happened. Somehow people are inherently reluctant to thinking such things could be true. Look at Wirecard for example; FT posted multiple articles that showed that it was a fraud yet its stock still went up for month. Only when external auditors confirmed that the money was missing, it tanked. It’s the same things with exchanges. People will ignore the warning signs until it’s too late.

MarkEMarkEMarkE

Didn't realise it was paywalled. I don't have a subscription but could see it. Basically, it is a near positive opinion piece in the FT which must be a first.

BuffaloBrain884

It's called The Jacobi FT Wilshere Bitcoin ETF: https://www.coindesk.com/business/2023/08/15/europes-first-spot-bitcoin-etf-lists-in-amsterdam/

jimmy_riddler_

Crickets on the FT regarding crypto

ZealousidealTap6595

Here we go again, as the hbar shit posts won't stop i won't either: 1) Anyone who thinks that the way to build a better financial system is to have a council of corporations and banks controlling the base layer needs to take a long hard look at themselves. 2) Hedera has been running for ages and about 99% of all transactions come from a single entity. It basically has no users. 3) The one company using the network only does so because their transactions are subsidized. They don't pay to use it. Occasionally their wallets run out of free funds and so they stop using Hedera, during which times the TPS drops by about 99%. 4) No one except the council members can run nodes, which means that no regular users can verify anything. The whole thing is based on 'trust us'. 5) The number of developers building on the network has dropped by over 1/3rd in just the last year. That is not a sign of a growing project. 6) Because no one is using Hedera, the only use for the token is 'staking', which unlike most PoS chains doesn't actually provide any security for the network and is very clearly just a way to tie up liquidity as the value is inflated away. 7) Here's an image I made yesterday of the chart of HBAR vs ETH. Spoilers, the trend is very clearly down only. https://i.imgur.com/VGsk1FT.png 8) The tokenomics suck Credit for point 1 to 7 goes to u/Minimalgravitas Since the "hbar is a gem people don't get it! "people think recycling posts is fine i can do the same.

Ur_mothers_keeper

It doesn't. People have been fetishizing this idea that you can NFT unique in game items and you can FT general tradeable items. How cool! I can sell the items I grinded out of loot boxes on an exchange for real money! Except that all these games are going to be able to delete your account, revoke your items, they won't be cross tradeable to other games... So the same shit as without blockchains involved but with the added comexity and cost. What does that tell you? It's just hype to shill you crap so you can be fleeced. There is no value in it whatsoever.

thelonliestcrowd

I asked the devs about the v3 pool being included in the lore drops awhile ago and this was their response: We currently have not found a solution for including V3 in the snapshot as of yet. If we find a suitable solution we'll update you as well! It's because all the ERC-1155 V3 FT are minted from the same contract, regardless of which pair it is (meaning tokens that aren't BitCone as well). Unlike V2 tokens, where each Pair is an individual contract on it's own, which allows you to easily verify the LP Token holders of specific pairs.

randompartition

It silently made to [FT.com](https://FT.com) :)

amasterblaster

Its great that you find it a benefit, but many users disagree. Ive been working in fintech FT for 10 years, and I have found that the settlement is a major factor for adoption. I also get the feeling you are discussing to win.... "BTC settlement is slow, and that's why it sucks" (shows settlement is fast) "BTC settlement is fast, and that's why it sucks" So I'm not quite sure what your core hypothesis is. It is very hard to understand what your hypothesis is, so it comes across like you are contradicting yourself a little. Feel free to bet against the market!

lab-gone-wrong

Short, mostly right version: phishers are abusing CREATE2 protocol to create contracts with 2 wallet addresses where the first X and last X characters are the same, but the middle is different. These look the same in wallet provider interfaces because addresses are too long and get shortened to things like ABCDE ...X02FT, without all the characters in the middle. Then, through whatever phishing means necessary (often a bait airdrop), they get you to accept a contract from new address B (with no history) because it looks like address A (which will be pre-loaded with fake transactions to make it look like it's doing a giveaway/airdrop whatever). the contract asks for a benign sounding transaction permission consistent with an airdrop or giveaway, but the permission actually grants full control, and the contract drains your account. 

amasterblaster

As an engineer, BTC, ETH, MATIC, FIL. These are components I use to build things every day FT, so I am sure they will be around, and are growing. I basically invest in things I understand, that work pretty well. I'm a bit like Warren that way; If I use it, understand it, think it is good, and that others will see the same, I buy it.

DrRobertBottle

Looks at Franklin Templeton. They have $50MM under management. If they are charging 0.25% maintenance fee, that’s $125k a year in revenue. That doesn’t even pay one person salary, let alone the custody fees, legal liabilities, reporting requirements, etc. $125k is a rounding error for FT. It’s not even close to profitable. Even if they increase that by 10x that’s only 1.25MM a year. Or by 100x that’s $12.5M in revenue a year. Totally not worth it. So they won’t make it.

Administrative_Shake

Most of them are just bitter. FT, being the establishment parrots they are, have been calling for BTC to 0 for more than a decade now. Pay them no mind.

putin_on_some_pants

Good thing we all have FT subscriptions..

jawni

[OMG MOONs are pumping](https://pbs.twimg.com/media/FT-PqMtacAE9Uuj?format=jpg&name=small)

Frogolocalypse

Just a measly 1% FT. Nothing too risky.

suidoc

This is actually not a FUD article. It’s more pro Bitcoin. Even FT seems to be changing their mindset. Just a little saddening to see articles are not getting sanity checked.

sogladatwork

FT is garbage 100% of the time.

roamer5303

FT just wants to spread FUD on Bitcoin, they don't care about the quality of the articles.

GTmalik

Yeah, meant 2020. Fuck FT though for real

PepeDeCorozal

This guy believes in the mythical Satoshi wallet and he writes for FT? People need to realize nobody knows shit about fuck, especially not the people in the media.

ZealousidealTap6595

1) Anyone who thinks that the way to build a better financial system is to have a council of corporations and banks controlling the base layer needs to take a long hard look at themselves. 2) Hedera has been running for ages and about 99% of all transactions come from a single entity. It basically has no users. 3) The one company using the network only does so because their transactions are subsidized. They don't pay to use it. Occasionally their wallets run out of free funds and so they stop using Hedera, during which times the TPS drops by about 99%. 4) No one except the council members can run nodes, which means that no regular users can verify anything. The whole thing is based on 'trust us'. 5) The number of developers building on the network has dropped by over 1/3rd in just the last year. That is not a sign of a growing project. 6) Because no one is using Hedera, the only use for the token is 'staking', which unlike most PoS chains doesn't actually provide any security for the network and is very clearly just a way to tie up liquidity as the value is inflated away. 7) Here's an image I made yesterday of the chart of HBAR vs ETH. Spoilers, the trend is very clearly down only. https://i.imgur.com/VGsk1FT.png 8) The tokenomics suck Credit for point 1 to 7 goes to

Dismal-Network-2973

that's not what he's saying lol. like they're totally not comparable technologies. like icp is like a decentralized aws. whereas you can build **on** hedera like a 'no code/low code' app in M$FT 365. hedera's a ledger to icp is internet.

SatoshiDegen

Nah, when everybody is this optimistic, and memes start flying, it’s inviting authentic SEC scrutiny. Just need a few rug pulls and some sob stories in the WSJ and FT…

PepeDeCorozal

The FT organization (which owns The Economist) is a snake with a forked tongue. Whatever they say is whatever benefits the globalist banksters.

PepeDeCorozal

"Hi there FT, nice globalist propaganda magazine you got there. Be a shame if it got Blackrocked."

PepeDeCorozal

The link is clean. I used archive.fo instead of archive.org because they don't get around the FT paywall anymore.

Mr_Eckert

Paywall, and FT isn't worth a single sat.

bert0ld0

Generally after that you have 7-14 days to prepare. We are past this point, considering btc was on the front page of FT few days ago, and around the same time mom called me saying btc was doing good. So make your calculations and play this smartly, I failed last time

gowithflow192

The best part of that article is the ignorance. The opening line says the crypto boom is over and most of the comments (FT subscribers) are completely ignorant to the benefits of crypto. This means we're still early!

coinfeeds-bot

tldr; The given text does not contain relevant information for the article title "Financial Times (@FT)". Therefore, the summary is an empty string. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

lazarus_free

Such hypocrisy by the mainstream media. At least it seems the FT is starting to treat Bitcoin better Bitcoin price surges above $42,000 as rate cut bets fuel cross-asset rally - https://on.ft.com/3R8mgHJ via @FT

BrotherAmazing

Never acted like it was a “game changer”, 🤣 Guarantee you I am worth 10x what you’re worth unless you’re wealthy or have been a miser and working FT earning $200k/yr for the last 20+ years.

extrastone

I just did the work for everyone else: Block 147347 was likely was mined by OP Address: 12ebp477z1LZYn6r5z7hFDMHi13B9estVs is likely not his Address: 1FT4DqK8mvfRxXJJRi5Pkv5bd9EZyioQPM is likely his and now it is empty This kind of detective work is not difficult to do by hand once you get a feel for how the blockchain works. We should not be posting our addresses online unless they are to actually receive BTC from strangers. Addresses today are one time use for security purposes. Take a look at the details on mempool.space.

The_Mackery

You realize $100 per day is more than most people earn working a FT job, right? lol 😂 I used to be one of those people and I did what you suggested, I was broke, starving, ate dinner for breakfast and water for dinner for almost a month. I actually did see a nice return on my investment but my hospital bills after almost dying from malnourishment wiped out most my gains. Next time I decide to venture into crypto, I will do $100 a week but visit the food bank at least one time a week for bread and maybe some legumes so I don’t make the same mistake. This time, bean toast for breakfast, breakfast for dinner, and water for emergency only

the_far_yard

So, if years ago someone told me that Binance, FT, Terra, BlockFi, Celsius, 3 Arrows Cap, Gemini Trust - were run by fraudulent people, I would've still believed them except that I might invest lesser. lol.

NeverAware

Didn't they already announce that it will be in 2024? I don't see them approving the FT one today after pushing the Grayscale one to 2024. https://www.coindesk.com/policy/2023/11/15/sec-delays-decision-on-hashdex-bitcoin-spot-etf-application-grayscale-ether-futures-filing/

MinimalGravitas

1) Anyone who thinks that the way to build a better financial system is to have a council of corporations and banks controlling the base layer needs to take a long hard look at themselves. 2) Hedera has been running for ages and about 99% of all transactions come from a single entity. It basically has no users. 3) The one company using the network only does so because their transactions are subsidized. They don't pay to use it. Occasionally their wallets run out of free funds and so they stop using Hedera, during which times the TPS drops by about 99%. 4) No one except the council members can run nodes, which means that no regular users can verify anything. The whole thing is based on 'trust us'. 5) The number of developers building on the network has dropped by over 1/3rd in just the last year. That is not a sign of a growing project. 6) Because no one is using Hedera, the only use for the token is 'staking', which unlike most PoS chains doesn't actually provide any security for the network and is very clearly just a way to tie up liquidity as the value is inflated away. 7) Here's an image I made yesterday of the chart of HBAR vs ETH. Spoilers, the trend is very clearly down only. https://i.imgur.com/VGsk1FT.png

MinimalGravitas

I tried to engage you sensibly when you jumped in to talk about SNARKs and Statelessness but it is very clear that all you wanted was some reason to defend your dying shitcoin by attacking something you had never even heard of, let alone understood. > You shit on Hedera yet you bring nothing Well I made you something, https://i.imgur.com/VGsk1FT.png

Elephant810

Yes! This is why people who claim that an ETF can ruin bitcoin are delusional. The supply is fixed so there is only so much for them to buy and hold. Look at Microstrategy, for instance… they have been buying hard before any sort of regulatory clarity for institutions and they haven’t even been able to get 1 percent of supply. Once there is regulatory clarity the cost of buying incrementally will cause bitcoin to go up a lot.. Most bitcoin that will ever be mined is being hodled hard or lost forever. In reality there is less than 2 million to mine and conservatively speaking 5 million lost forever. Miners are collectively holding less than 1 percent of supply. Once the flood gates open, whose selling to blackrock, fidelity, FT, and other big institutions? The miners? Sure. The speculators? Sure. Whales? Maybe some. Hodlers? Not a chance. Point is btw the big money managers there will only be so much they can buy before sending then price to the moon. My two cents…

madgeese

Makes me want to start a new crypto project. “Big Mac Coin” (BMC)…. To acquire BMC, you must first deposit (send in the mail) your physical coin to my PO Box and in return “I PROMISE” to issue either a FT (BMC) or an NFT of a Big Mac (hand drawn by me) Other great ideas to come.

SnooStrawberries7995

Here the link for the site https://www.uif.gob.sv/ It's called UIF Unidad Investigación Financiera from the FGR loosely translated to Financial Investigation Unit from the D.A. Office. Here's FAQs about the law: https://www.uif.gob.sv/preguntas-operaciones-reguladas/ 3.¿Qué se entiende por operaciones reguladas en otros medios? Spanish: Respuesta: Se entenderá por “otro medio” cualquier título valor que no sea en papel moneda o metálica, tales como cheques, pagos con tarjetas de crédito y débito y bitcoin (Artículo 51, Inciso 2do, número 3, Instructivo para la Prevención, Detección y Control de LDA/FT/FPADM) (Art, Ley Bitcoin). English: 3.What is meant by regulated operations in other media? Answer: “Other means” will be understood as any valuable instrument that is not in paper money or metal, such as checks, payments with credit and debit cards and bitcoin (Article 51, Section 2, number 3, Instructions for Prevention, Detection and Control of LDA/FT/FPADM) (Art, Bitcoin Law

thesavagepotatoe

Don’t forget the FT. They love to be anti BTC.

MrSpaceKook

The recent AMA is a good place to start: https://old.reddit.com/r/CryptoCurrency/comments/173kcfl/nervos_nation_community_ama_and_the_nervos/ Some very exciting developments are coming down the pipe, not to mention the first halving next month. Open Transaction: an extensible transaction format that allows attaching any attribute to the transaction. It divides transaction construction into multiple small steps, each with a different modularized solution. A modular Open Transaction ecosystem could expand the possibilities for CKB DApps while lowering the barrier to development. Kuai: the highest priority right now is lowering the difficulty barrier for developing in L1. In this context Kuai is a framework/tool to create universal applications like .bit. You can think of it as a kind of hardhat on Ethereum which is a highly used framework for developing applications. JoyID + CoTA: JoyID is a wallet that makes use of account abstraction and Passkey. CoTA is an FT and NFT token standard that makes use of merkle trees. In short, with 32 bytes you can have hundreds and thousands of assets. Axon: a high-performance sidechain framework (Appchain, one app, one chain) Khalani: the first Universal Liquidity Protocol designed from the ground up for the interoperable blockchains And lastly Payment Channels being developed by Perun

swap_catz

So a bunch of people on FriendTech were monetizing their posts and traffic and you all basically mocked us calling it a ponzi. FT's vision is very clear to direct funds to you, but you all just circlejerked donuts and moons. Now you have to give your kids IOUs for Christmas, while I'm still earning FT points. I hope all of you have a real introspection into conviction on your shitcoins. Instead of attacking others with valid theses, you all need to do more research on your own.

arthur_fissure

there is a cryptocurrency section on the FT

Yautja69

I have seen an obscur Crypto Company, something on the lines of FT... something...X They were looking for *backdoor* developers