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TFTC
tftc@primal.net
npub1sk7m...jraw
Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
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TFTC 1 week ago
NVIDIA just unveiled plans for a 4-hectare campus in Taipei called Constellation. 4,000 employees. Jensen Huang announced it alongside Taipei's mayor.
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TFTC 1 week ago
New Hampshire's House and Senate just agreed on a compromise version of HB639, a bill that protects the right to self-custody bitcoin, run a node, mine, stake, and use bitcoin for payments. No state or local agency can restrict any of it. The bill also exempts personal mining, staking, and node operation from money transmitter and securities rules. Still needs final votes in both chambers before heading to the governor's desk, but the hard part is over. image
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TFTC 1 week ago
Trump states the United States remains the global Bitcoin capital and commits to maintaining that position against international competition. image
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TFTC 1 week ago
Someone sold $1.3 billion of IBIT in a single block trade this morning. 29 million shares. Price barely moved. image
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TFTC 1 week ago
Stephen Miller: "Based on what I've heard, we could balance the federal budget if the only dollars that went out of the treasury went to individuals who were properly, lawfully, correctly eligible to receive them."
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TFTC 1 week ago
Jensen Huang is in Taiwan ahead of his COMPUTEX keynote on June 1. He sat down with TSMC Chairman C.C. Wei for dinner, calling the relationship existential. "Without TSMC and Morris Chang, Nvidia wouldn't be here today," Huang said. Nvidia is building a new Taiwan headquarters, hiring aggressively, and Huang says the company spends "hundreds of billions of dollars in AI infrastructure, and most of our spend is in Taiwan." This comes weeks after Huang joined the delegation of US executives who traveled to China with President Trump. In a CNA interview on May 25, Huang said it would be "not wise" to have two separate AI ecosystems and admitted Nvidia has "largely conceded" China's AI chip market to Huawei. US export controls created a vacuum that Chinese companies filled, and Huawei and Chinese AI startups had "record years" as a result. The US Commerce Department has approved roughly 10 Chinese firms to purchase Nvidia's H200 chips, but not a single delivery has been made. Chip export controls were reportedly not part of the Trump-China trade discussions. Huang is threading a needle between Washington and Beijing while deepening his anchor in Taiwan. He's publicly aligning with Trump's China engagement while arguing the export controls handed an entire market to America's chief competitor. He's doubling down on TSMC at a moment when Taiwan's strategic importance has never been higher and warning that rising memory prices represent "a very important form of inflation." image
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TFTC 1 week ago
"Bitcoin is an insurance policy, particularly in emerging markets, against fiscal and monetary neglect at best or corruption at worst," says Cathie Wood. Ark Invest's base case is $750,000 within five years. The bull case is $1.25 million.
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TFTC 1 week ago
"No one had to tell them to lie. No one had to tell them to cover up the lab leak. They covered up to cover their own ass," says Rand Paul. The scientists who wrote the "lab leak is a conspiracy" letter organized it themselves, then told each other they needed "the appearance of independence." Both were paid intelligence informants. Both worked with the Wuhan lab. One called the virus genetically engineered, wrote the opposite three days later, then got a $9 million grant.
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TFTC 1 week ago
Blitz Wallet just added BTC Maps, Bitrefill integration, and the option to receive in BTC or dollars. image
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TFTC 1 week ago
This is actually how he interviews new pharma lobbyists.
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TFTC 1 week ago
The UK government claims adding synthetic folic acid to all non-wholemeal wheat flour by December 2026 will prevent up to 200 neural tube birth defects per year. What they aren't telling you is that a significant portion of the population can't efficiently process it. Around 36% of Europeans carry a variant of the MTHFR gene that reduces the body's ability to convert synthetic folic acid into its usable form. For the roughly 10-15% who carry two copies, enzyme function drops to about 30% of normal. When conversion is impaired, unmetabolised folic acid accumulates in the blood. Peer-reviewed research has linked this buildup to altered lipid metabolism, immune disruption, and liver changes. No large-scale long-term human studies have examined what decades of UMFA accumulation does to people with impaired conversion. Folic acid is not folate. Folate is the natural form of vitamin B9 found in liver, leafy greens, and eggs. It comes ready to use. Synthetic folic acid requires conversion through the same enzyme that over a third of Europeans have impaired function in. The government is mandating this with no screening, no individual consideration, and no opt-out for standard white or brown bread. Researchers have argued that fortifying with 5-MTHF, the active form, would be safer and more effective. The government chose synthetic folic acid because it's cheaper. image
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TFTC 1 week ago
Eli Lilly is spending up to $3.8 billion to buy three vaccine companies, funded by GLP-1 profits. The company is also developing a one-time gene-editing treatment that is designed to lower cholesterol permanently by editing your DNA directly.
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TFTC 1 week ago
"The criticisms are quite funny to me because we're doing this incredibly transparently. I guarantee you they hold money in a bank account. Are you questioning the bank's liabilities?" Strive's True North responds to the Ponzi accusations.
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TFTC 1 week ago
A man in Vancouver was "certified insane" on a sidewalk with no evaluation. A psychiatrist saw him in a cafe weeks earlier and signed the paperwork from across the room. No exam. No hearing. No judge. When police came to collect him, he was calm, cooperative, and asked to attend an appointment voluntarily. They took him to a hospital anyway. Days earlier he'd been at a school board meeting warning about authoritarian federal laws. Shortly after, he was certified and picked up off a street. This is the same country that froze trucker convoy donors' bank accounts without court orders. The same country building laws to define what you can say, record everything you do online, and cut your internet if they consider you a threat. It's always framed as safety. The architecture is always control. Self-custodial money exists for exactly this reason. image
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TFTC 1 week ago
Vivek Ramaswamy's Strive just bought another 1,109 bitcoin worth roughly $85 million, bringing its total treasury to over 16,500 BTC valued at approximately $1.27 billion. Strive, which trades on Nasdaq under the ticker ASST, has been on a buying spree. The company held 15,391 BTC as of May 18 and has now added another 1,109 in the latest purchase. It ranks among the top 10 largest public corporate bitcoin holders, sitting near Riot Platforms (15,680 BTC) and Coinbase (15,389 BTC). Strategy remains far ahead of the pack at 818,334 BTC. The company describes itself as the first public asset management bitcoin treasury corporation. Its strategy centers on increasing bitcoin per share as a benchmark for corporate performance. Strive completed its acquisition of Semler Scientific in January 2026, which gave it an initial base of 12,798 BTC. Since then it has added nearly 4,000 BTC through a series of weekly purchases funded by stock offerings and convertible notes. Friday's purchase was reportedly the largest single-day bitcoin buy in the company's history at roughly 259 BTC. Michael Saylor publicly praised Strive's accumulation pace, noting it outpaced Strategy's own weekly buy rate. Strive's aggressive stacking comes during a period of bitcoin price weakness, with BTC trading around $76,700, down roughly 30% from its all-time high above $109,000 in January. The company has been buying through the drawdown, averaging purchase prices in the $76,000-$80,000 range across recent weeks. image
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TFTC 1 week ago
The Wall Street Journal says stablecoins are "private money" and a risk to the economy. Every dollar in your bank account is also private money. It's an IOU from a corporation that can fail. We watched three banks collapse in 2023. The only difference: stablecoins publish their reserves in real time. Your bank doesn't. image
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TFTC 1 week ago
There are now more ETFs in the US than publicly listed companies image
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TFTC 1 week ago
Pope Leo XIV today unveiled "Magnifica Humanitas," his first encyclical, a 235-page document on AI's impact on labor, warfare, privacy, and human dignity. It was signed exactly 135 years after his namesake Pope Leo XIII signed "Rerum Novarum," the landmark document on workers' rights during the Industrial Revolution. Anthropic co-founder Chris Olah stood alongside the Pope at the Vatican and warned that mass AI job losses are "a real possibility" and that AI decisions "should not be left to people in the industry." He acknowledged that every leading AI lab, including his own, faces pressures that "can sometimes conflict with doing the right thing." The partnership is politically charged. The Trump administration banned federal agencies from using Anthropic's technology in February and labeled it a "supply-chain risk to national security" after the company refused to give the military unrestricted access to its AI systems. Anthropic is currently suing the administration over the designation. The encyclical warns against entrusting "lethal decisions" to AI and calls out "the concentration of power and data in the hands of so few" as a danger to children and the vulnerable. image
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TFTC 1 week ago
A Satoshi-era miner just moved 2,650 BTC ($203M) to institutional trading desks FalconX and Cumberland in three separate transactions. The wallet still holds nearly 6,000 BTC worth $462M. These are coins mined in Bitcoin's earliest days that haven't moved in over a decade. This isn't happening in isolation. Binance exchange reserves jumped from 616,000 BTC to 632,000 BTC in a single month. Daily inflows hit 3,600 BTC on May 18th alone. Spot Bitcoin ETFs just logged six straight days of outflows totaling $1.26 billion across 11 funds. The pattern: OG holders moving to OTC desks, exchange reserves climbing, ETF money pulling back. Whether this is profit-taking, collateral repositioning, or someone cashing out after holding since bitcoin was worthless, the sell-side pressure is building quietly while the price holds $77K. When wallets that predate the first Bitcoin pizza start routing coins to institutional trading desks, the market pays attention. The question isn't whether early miners are selling. It's how much supply is left that hasn't moved yet. image