๐Ÿšจ behaviours like this: Michael Seligโ€™s Cryptocurrency Carnival Rath of Grandeur

Behold! Michael Selig, self-proclaimed โ€œCrypto Capital Architect,โ€ strides forth with a mission brighter than a Bitcoin minerโ€™s coffee cup. ๐Ÿš€

Michael Selig, having been anointed as the 17th CFTC Chairman (though whose calendar be they following?), finds himself amidst Washingtonโ€™s latest obsession: digital alchemy. His appointment, much like a steaming cup of regulatory coffee, is both inevitable andโ€ฆ 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 โ€œCrypto Capital of the World.โ€ One wonders if the Mayans saw this in their calendars or if itโ€™s just another crypto broโ€™s LinkedIn post.

Selig: Regulator of Dreams and Tax Codes

Mister Selig, armed with the wisdom of his past SEC escapades (โ€œbring 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, heโ€™s drawn lines in the sand: rules for giants and ants alike. Fairness? Perhaps. Uniformity? Why not?

๐Ÿšจ๐๐‘๐„๐€๐Š๐ˆ๐๐†: ๐๐‘๐Ž-๐‚๐‘๐˜๐๐“๐Ž ๐Œ๐ˆ๐Š๐„ ๐’๐„๐‹๐ˆ๐†โ€™๐’ โ€œ๐Ž๐๐–๐€๐‘๐ƒ๐’โ€ ๐€๐๐ƒ๐…๐Ž๐‘๐–๐€๐‘๐ƒ๐’ ๐Œ๐€๐๐ˆ๐…๐„๐’๐“๐Ž ๐Ÿš€๐Ÿ‡บ๐Ÿ‡ธ

Mike Seligโ€™un (fictional count to 12,000 followers) asserts his first decree: โ€œ๐‘จ ๐‘ต๐‘ฌ๐‘ช๐‘บ๐‘บ๐‘จ๐‘น๐‘Œ ๐‘ฐ๐‘ต๐‘บ๐‘ท๐‘ฐ๐‘น๐‘จ๐‘ป๐‘ฐ๐‘ถ๐‘ตโ€ฆ

– Diana (@InvestWithD) โ€œWho funds this bird?โ€

Selig, much like the elderly crypto wizard he aspires to be, has traversed the SECโ€™s labyrinth of paperwork and emerged with tales ofโ€ฆ middlemen. His current vision: a CFTC that thrives on clarity but sports the grace of a bureaucrat solving a math problem. โ€œNo crypto winter lasts forever,โ€ he sighs, โ€œexcept 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, โ€œa new dawn for tokens and toast.โ€ ๐Ÿ๐Ÿ’ธ

Cross-Agency Unityโ€ฆ 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. โ€œImagine,โ€ he croons, โ€œa world where regulators donโ€™t feud like budget bankers at a black-tie gala.โ€

I am โ€œconfirmedโ€ as the 16th CFTC Chairman. (Numbers be a muddle, eh?)

To President J. Trump: โ€œYour confidence in me borders on the eccentric-I shall reciprocate by making red tape less red.โ€

– Mike Selig (@MichaelSelig) โ€œTwitter: Where quips meet confusion.โ€

Under Acting Chair Caroline Phamโ€™s โ€œcrypto 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. โ€œLetโ€™s turn trading into a soirรฉe,โ€ he whispers, โ€œbut charge fees for the champagne.โ€

Moral of the Story: Rules โ‰  Bureaucratic Horror

Seligโ€™s manifesto? Simplify the incomprehensible, cull the red tape, and let compliance cool its heels. โ€œNo 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 โ€œminimalist genius.โ€

The CFTC, ever the relic of complexity (think a Dostoevsky manifesto in the era of Discord), now eyes a rebrand: โ€œJoin our modernization campaign! No, donโ€™t-just send crypto.โ€

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2025-12-23 07:21