Behold! Michael Selig, self-proclaimed βCrypto Capital Architect,β strides forth with a mission brighter than a Bitcoin minerβs coffee cup. π
Michael Selig, having been anointed as the 17th CFTC Chairman (though whose calendar be they following?), finds himself amidst Washingtonβs latest obsession: digital alchemy. His appointment, much like a steaming cup of regulatory coffee, is both inevitable andβ¦ 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 βCrypto Capital of the World.β One wonders if the Mayans saw this in their calendars or if itβs just another crypto broβs LinkedIn post.
Selig: Regulator of Dreams and Tax Codes
Mister Selig, armed with the wisdom of his past SEC escapades (βbring us out of our compliance-induced coma,β 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, heβs drawn lines in the sand: rules for giants and ants alike. Fairness? Perhaps. Uniformity? Why not?
π¨ππππππππ: πππ-ππππππ ππππ πππππβπ βπππππππβ ππππ πππππππ πππππ ππππ ππΊπΈ
Mike Seligβun (fictional count to 12,000 followers) asserts his first decree: βπ¨ π΅π¬πͺπΊπΊπ¨πΉπ π°π΅πΊπ·π°πΉπ¨π»π°πΆπ΅β¦
– Diana (@InvestWithD) βWho funds this bird?β
Selig, much like the elderly crypto wizard he aspires to be, has traversed the SECβs labyrinth of paperwork and emerged with tales ofβ¦ middlemen. His current vision: a CFTC that thrives on clarity but sports the grace of a bureaucrat solving a math problem. βNo crypto winter lasts forever,β he sighs, βexcept maybe my rap career.β
His pledge? To evoke the spirit of mavericks who believed in Bitcoin at 0.7 cents. Or as he calls it, βa new dawn for tokens and toast.β ππΈ
Cross-Agency Unity⦠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. βImagine,β he croons, βa world where regulators donβt feud like budget bankers at a black-tie gala.β
I am βconfirmedβ as the 16th CFTC Chairman. (Numbers be a muddle, eh?)
To President J. Trump: βYour confidence in me borders on the eccentric-I shall reciprocate by making red tape less red.β
– Mike Selig (@MichaelSelig) βTwitter: Where quips meet confusion.β
Under Acting Chair Caroline Phamβs βcrypto pilot programβ, 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. βLetβs turn trading into a soirΓ©e,β he whispers, βbut charge fees for the champagne.β
Moral of the Story: Rules β Bureaucratic Horror
Seligβs manifesto? Simplify the incomprehensible, cull the red tape, and let compliance cool its heels. βNo man should endure three PhDs to apply for a permit,β he implores. Or so he says. One imagines him penning this decree on a napkin during lunch-and then marketing it as βminimalist genius.β
The CFTC, ever the relic of complexity (think a Dostoevsky manifesto in the era of Discord), now eyes a rebrand: βJoin our modernization campaign! No, donβt-just send crypto.β
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2025-12-23 07:21