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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
Rogan goes off on how the education system was literally designed to produce compliant workers, not curious humans. If AI removes the need for that, we need to completely rethink what school is for.
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TFTC 1 week ago
Bostrom calls wage labor "slavery light," you sell a third of your waking life just to pay for necessities.
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TFTC 1 week ago
Rogan pushes back on the "AI takes all jobs" panic: "Do you have to have a job? Isn't that a human invention?"
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TFTC 1 week ago
Sacramento, CA, is now inspecting residents' curbside trash and recycling bins to ensure compliance with state sorting laws. City crews will check proper separation of garbage, recyclables, and organics.
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TFTC 1 week ago
China's Supreme People's Procuratorate just published a framework for prosecuting crypto money laundering that should have everyone paying attention. The proposal would allow Chinese courts to presume criminal intent for using a mixer, a privacy coin, or an anonymous wallet, unless the suspect provides "reasonable counter-evidence." Using privacy tools shifts the burden of proof onto you. This isn't just about criminals. The framework would treat on-chain data and blockchain analytics reports as admissible evidence, allow prosecutors to build cases from circumstantial evidence as long as it forms "a coherent chain," and push for blockchain forensic analysis to become standard in crypto-related investigations. China charged over 3,000 people with crypto-related money laundering in 2024 alone. This framework would make it significantly easier to charge more. There's also a deeply ironic component. Because China banned crypto trading, authorities who seize tokens have no legal way to cash them out, leaving billions in limbo. Local governments have been quietly selling seized crypto through private firms in offshore markets. The proposal now calls for a national platform to custody and liquidate confiscated crypto through "compliant channels." The state bans you from using it, seizes it, then sells it themselves. This matters beyond China. These surveillance frameworks have a way of spreading. The EU's DAC8 directive already requires automatic reporting of client transactions across 27 member states. Governments want full visibility into every transaction, and the use of privacy tools is increasingly treated as evidence of guilt. Bitcoin was built to be permissionless and censorship-resistant. Proposals like this are exactly why those properties matter. image
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TFTC 1 week ago
"The traditional media really finds all these excuses not to explain Bitcoin. They want to keep people on the euro." Adem Bilican on how European media uses fear narratives to suppress organic Bitcoin adoption while inflation and 50% tax rates crush the middle class.
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TFTC 1 week ago
"They think it's too late. It's done a 100x so it's too late. They don't put in the time to understand it." - Adem Bilican Retail chases whatever the neighbor made money on.
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TFTC 1 week ago
"They don't earn enough to finance their lives. Rent is going up, insurance is going up, coffee costs double what it did three years ago." - Adem Bilican The European middle class is getting squeezed so hard they don't have the bandwidth for Bitcoin.
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TFTC 1 week ago
Fed Chair Kevin Warsh: America will be richer and more productive if the current AI cycle follows the positive trends of past technology revolutions.
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TFTC 1 week ago
Fed Chairman Kevin Warsh told Congress on Tuesday that AI is "the most significant change in our economy in my adult lifetime." "It's a huge opportunity, but it also comes with risks and challenges."
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TFTC 1 week ago
Fed Chair Warsh says AI investment is growing so fast it will soon "just be called investment," with high-tech spending up nearly 25% in Q1 driven by data center construction and AI demand.
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TFTC 2 weeks ago
Fed Chair Warsh tells Congress the Fed has "no tolerance for persistently elevated inflation" and calls inflation "a choice" determined by monetary policy.
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TFTC 2 weeks ago
Fed Chair Kevin Warsh, asked by Rep. Velazquez if he works for Trump: “We’re an independent central bank... My goal inside the central bank is for there to be no politics.”
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TFTC 2 weeks ago
Senator Lummis on Clarity Act ethics rules: "We can't just legislate for one person… This needs to be something that will withstand the test of time." Then reminds everyone Congress let Pelosi trade stocks while in office.
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TFTC 2 weeks ago
Student loan severe delinquency rates went from 0% to 25% in a matter of months after the COVID-era payment pause ended. Exposed how many borrowers were only 'current' because they weren't required to pay. image
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TFTC 2 weeks ago
The Top 10 S&P 500 stocks now make up 43% of the index while the bottom 250 account for just 8%. Market concentration hasn't been this extreme in modern history. image
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TFTC 2 weeks ago
The White House's top crypto adviser, Patrick Witt, is taking a months-long military leave to begin Army National Guard JAG training. He wraps up next Friday and reports July 27. The timing matters. The Clarity Act is entering its most critical stretch with Senate Republicans racing to bring it to the floor before August recess, widely seen as the last realistic window to pass the bill this Congress. Witt has been the administration's chief negotiator, brokering compromises on stablecoin yield, navigating the ethics provision fight, and working with law enforcement groups on the most contested parts of the bill. The biggest bottleneck remains the ethics provisions around Trump's crypto interests. His 2025 disclosures showed over $1 billion in personal crypto income. That conflict is what's keeping Democrats from the table, and you need 7 of them to clear the filibuster. Section 604 is still under attack. That's the developer protection provision that would prevent open-source software developers from being treated as money transmitters. Law enforcement groups, prosecutors, and 160 former intelligence officials have all pushed to gut or kill it. It's arguably the most important section in the entire bill for anyone building freedom tech. Witt's deputy Harry Jung steps in and has been in the room for most of the negotiations. But losing the lead negotiator right now with the August recess clock ticking raises a real question about whether this actually gets across the finish line, and if it does, whether Section 604 survives intact. image
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TFTC 2 weeks ago
"Two government departments vying to run the Strategic Bitcoin Reserve. That probably doesn't happen if this is either fully on ice or just completely irrelevant to them." - @JOHN ARNOLD
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TFTC 2 weeks ago
"The bankers lobbying group sent a letter saying stop, pump the brakes. A few months later the OCC effectively said 'no, I don't think I will' and moved ahead with Circle and Kraken." - @JOHN ARNOLD
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TFTC 2 weeks ago
New Jersey just signed the Power NJ Act, launching a competitive procurement process for at least 1,100 megawatts of new nuclear generation. Governor Sherrill signed it today with unanimous bipartisan support from both chambers of the Legislature. This is the same state that lifted a 50-year moratorium on new nuclear development just three months ago in April. In six months in office, Sherrill has gone from freezing rate hikes on day one to actively procuring new nuclear plants. The bill has real ratepayer protections built in. No costs passed to consumers until a plant is built and delivering electricity. Projects must secure federal financing, shifting construction risk away from ratepayers. Every project has to demonstrate a net benefit. That matters because the last major US nuclear build, the two reactors at Plant Vogtle in Georgia, came in seven years late and more than doubled its original budget to over $35 billion. Nuclear already provides over 40% of New Jersey's total energy. These plants run at 90-95% capacity. Nothing else comes close to that combination of reliability and density. The backdrop here is AI-driven electricity demand. New Jersey also just rolled out what it calls the most comprehensive data center plan in the nation. The energy demands of the next decade require baseload power that solar and wind simply cannot provide at scale without nuclear filling the gap. image