Behold! Michael Selig, self-proclaimed โCrypto Capital Architect,โ strides forth with a mission brighter than a Bitcoin minerโs coffee cup. ๐
Michael Selig, having been anointed as the 17th CFTC Chairman (though whose calendar be they following?), finds himself amidst Washingtonโs latest obsession: digital alchemy. His appointment, much like a steaming cup of regulatory coffee, is both inevitable andโฆ strangely bitter.
The man with a plan-a plan so grand it makes Friedrich von Hayek roll in his grave-has declared intent to bestow upon the United States the official title of โCrypto Capital of the World.โ One wonders if the Mayans saw this in their calendars or if itโs just another crypto broโs LinkedIn post.
Selig: Regulator of Dreams and Tax Codes
Mister Selig, armed with the wisdom of his past SEC escapades (โbring us out of our compliance-induced coma,โ he reportedly whispered to his pet parrot), now ambitions to make markets bloom like daffodils in spring. Or perhaps he just wants to replace monoliths of red tape with pamphlets. Either way, heโs drawn lines in the sand: rules for giants and ants alike. Fairness? Perhaps. Uniformity? Why not?
๐จ๐๐๐๐๐๐๐๐: ๐๐๐-๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐โ๐ โ๐๐๐๐๐๐๐โ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐ ๐๐บ๐ธ
Mike Seligโun (fictional count to 12,000 followers) asserts his first decree: โ๐จ ๐ต๐ฌ๐ช๐บ๐บ๐จ๐น๐ ๐ฐ๐ต๐บ๐ท๐ฐ๐น๐จ๐ป๐ฐ๐ถ๐ตโฆ
– Diana (@InvestWithD) โWho funds this bird?โ
Selig, much like the elderly crypto wizard he aspires to be, has traversed the SECโs labyrinth of paperwork and emerged with tales ofโฆ middlemen. His current vision: a CFTC that thrives on clarity but sports the grace of a bureaucrat solving a math problem. โNo crypto winter lasts forever,โ he sighs, โexcept maybe my rap career.โ
His pledge? To evoke the spirit of mavericks who believed in Bitcoin at 0.7 cents. Or as he calls it, โa new dawn for tokens and toast.โ ๐๐ธ
Cross-Agency Unityโฆ Because Silos Suck
Mister Selig, ever the diplomat, dares to imagine a world where the SEC, Treasury, and the guy at the ice cream shop all speak the same language. โImagine,โ he croons, โa world where regulators donโt feud like budget bankers at a black-tie gala.โ
I am โconfirmedโ as the 16th CFTC Chairman. (Numbers be a muddle, eh?)
To President J. Trump: โYour confidence in me borders on the eccentric-I shall reciprocate by making red tape less red.โ
– Mike Selig (@MichaelSelig) โTwitter: Where quips meet confusion.โ
Under Acting Chair Caroline Phamโs โcrypto pilot programโ, tokens now dance on virtual ledgers with the flair of a TikTok influencer. Selig, ever the showman, aims to transpose that onto grander stages-perhaps a Met Gala of blockchain. โLetโs turn trading into a soirรฉe,โ he whispers, โbut charge fees for the champagne.โ
Moral of the Story: Rules โ Bureaucratic Horror
Seligโs manifesto? Simplify the incomprehensible, cull the red tape, and let compliance cool its heels. โNo man should endure three PhDs to apply for a permit,โ he implores. Or so he says. One imagines him penning this decree on a napkin during lunch-and then marketing it as โminimalist genius.โ
The CFTC, ever the relic of complexity (think a Dostoevsky manifesto in the era of Discord), now eyes a rebrand: โJoin our modernization campaign! No, donโt-just send crypto.โ
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2025-12-23 07:21