Letters from the archives of Rutherford Hall, strategist in critical communications
WhatsApp for Jules : Are you good with cryptocurrency? We have a new client of the Wampa cryptocurrency exchange and all I know about them is money laundering and Ponzi schemes so I may need a second chair for this account.
WhatsApp for Jules: never mind; It's more than I know They are concerned about more regulatory pressures in the UK, so highlighting cryptocurrency as a Brexit opportunity is part of our strategy.
WhatsApp for Jules: The right to lose a life's savings in minutes is a post-Brexit growth opportunity. But let's work on crafting it!
By: Rutherford @monkwellstrategies
To: EvianShostakovich@wampa.com
Evian, it is a pleasure to work with you. Let me also introduce my colleague Jules (cc-d) who leads our Advanced Technology Division. As I said, that's the main thing. The FCA is trying to regulate the industry and Sam Fried-Mybank has obviously given us a hard time.
By the way, you have always said publicly that you will support the organization. Can I see if that's what you say?
Goodbye Rutherford
Member of DCMS Business and Metaverse Group
Find me at Strava, KoM Sydenham Hill, PR London to Brighton 3h 59m
By: Rutherford @monkwellstrategies
To: EvianShostakovich@wampa.com
Well, that's what I assumed. We are already intensifying our contacts with the Ministry of Finance and see two approaches. First, the FCA's fierce opposition to regulation.
Conservatives want to portray Britain as a crypto powerhouse, although few know what that means. Post-Brexit, they are keen to show that the UK is still at the forefront of new financial services, so we'd argue that an EU-style regulatory grab would get the sector to where it is now. .
But there is a second approach where we appear to exercise reasonable control by distinguishing between good regulation and bad regulation. The truth is there is one person at FCA who understands the industry and only works part time. There is a limit to what they can do without our help and in the current turmoil there could be commercial value if we can call ourselves an FCA license.
Stricter rules on advertising could be a good solution. It doesn't seem to have hurt the game. I'm not sure if the "please invest responsibly" at the bottom of the ad would be a huge mistake. Of course, we don't want smoker-style runners saying, "Investing in cryptocurrency means you'll never see your money again." or "The investment may go up or down, or it may go down, maybe in a week."
Poor regulation can swamp investor protection rules, such as E.g. proper UK presence, 1:1 reserves in stablecoins, proof of assets, no commingling of funds, regular checks and all these kinds of checks in Brussels. Such a level of interference would kill Britain as a global hub for digital finance and betray the promises of Brexit.
Ministers should be asking themselves: why not allow UK citizens to invest with us via an exchange backed by some of our beloved pop stars and footballers? So the goal is to look like a bank but take care of yourself like a banker.
Don't worry, you don't have to come to London, you can talk to them via Zoom. Better yet, take her to Anguilla for pizza.
Yes, of course I would be happy to communicate with Telegram in the future. Or for maximum security we can always fly to you. . .
Goodbye Rutherford
Member of DCMS Business and Metaverse Group
Find me on Strava. . .
Telegram for Evian: Hi Ev, the interesting point is that you must already be registered for money laundering purposes anyway, but I'm afraid calling you FCA registered might disqualify them. It's great to see your campaign metrics, but I'm not sure Boris Johnson and Matt Hancock are exuding the right momentum. We need someone who can scream softly, not someone who can swallow a kangaroo's anus.
Whatsapp for Jules: When we see the guys from Downing Street keep portraying Britain as a crypto powerhouse. Don't they want to support a financial industry so advanced that their main operating entity is registered on an island in the Metaverse region? Let's also talk about the nanny. Only the socialist government can prevent the freedom to give away one's money. Why stall the stock market that returns 28% in assets annually? Use the term “stablecoin” often. I know the founder of one is now on Interpol's red list, but that seems reasonable.
Telegram to Evian: I think we're making progress. That's a very generous offer and I'm a big fan of the stablecoin. Unfortunately for tax reasons it is easier for us to pay in sterling or dollars. regulators, right?
Letters from Robert Shrimsley