VanEck Head of Digital Assets Research Matthew Sigel says $1 million Bitcoin is the base case over the next several years.

"If you don't have financial privacy, you can't have financial freedom." (leamuirleyn) on why privacy matters even if you think you have nothing to hide.

The new @Bitkey dropped with a built-in secure screen and we're giving one away 🟠 No seed phrase. 2-of-3 multisig. Biometric login. Follow @Bitkey and us, RT to enter. ✅ Winner announced Tuesday 5/12 at 4PM EST.

Ella Emhoff, Kamala Harris's stepdaughter, recently shared that she's been on SSRIs for nearly fifteen years and is now questioning whether long-term use is something she was ever properly informed about. She said a Wall Street Journal podcast about overprescription made her rethink her own experience. That's not political. That's a 26-year-old woman put on medication as a kid asking questions she should have been encouraged to ask from the start. We're glad she's asking them. 16.6% of American adults are currently on antidepressants. More than 1 in 10 took prescription medication for depression in 2023. Usage rose 65% between 1999 and 2014 and has only accelerated since. Many of those prescriptions started in adolescence with no plan for when or how to stop. Peer-reviewed studies show SSRIs cause sexual dysfunction in 40-70% of patients during treatment. Paroxetine hits 70.7%. Sertraline hits 62.9%. For some patients, these effects don't go away when the drug stops. A condition called Post-SSRI Sexual Dysfunction (PSSD) can persist indefinitely. One study found 55% still had sexual dysfunction six months after switching off an SSRI. Laureen Friedman, 23, described what happened after taking Zoloft: total genital numbness, zero libido, emotional numbness. She calls it "chemical castration." She was never warned. The scale of prescribing has far outpaced the research on long-term effects, and the system has failed at informed consent. Too many people, especially teenagers, were started on these drugs with no exit plan and no honest conversation about permanent risks. RFK Jr. just announced a federal "deprescribing" initiative through HHS: clinical guidelines for safely tapering off SSRIs, expanded access to talk therapy, and a push for genuine informed consent before prescribing. Whether you trust the messenger or not, the data has been screaming for attention for years. Every patient deserves to know what they're getting into and have a path out if they want one.

In 2016, a U.S. home cost 137.86 BTC. In 2024, it cost 4.97 BTC.

"One of the scariest phrases you can hear is, I'm from the government and I'm here to help." - (leamuirleyn) The DOJ seized Samourai's website to "protect the American people," then let it lapse and watched scammers take it over.

Anthropic rolls out new capabilities for Claude Managed Agents. Multi-agent orchestration with shared filesystem, outcomes loop for self-improvement via rubrics, dreaming for memory curation, and webhook notifications.

Anthropic just signed a deal to take over SpaceX's entire Colossus 1 data center, over 300 megawatts and 220,000+ NVIDIA GPUs, going live within the month. They're also doubling Claude Code rate limits across all paid plans and raising API rate limits for their Opus models. This is the latest move in an escalating compute arms race. Beyond SpaceX, Anthropic has locked in a 5 GW agreement with Amazon, another 5 GW deal with Google and Broadcom, $30 billion in Azure capacity through Microsoft and NVIDIA, and a $50 billion infrastructure investment with Fluidstack. They also expressed interest in developing "multiple gigawatts of orbital AI compute" with SpaceX, data centers in space. Nearly half of all U.S. data centers planned for 2026 have been canceled or delayed. Out of 12 GW announced, only about 5 GW is under active construction. The bottleneck isn't GPUs anymore, it's power. Transformer shortages, grid wait times stretching 3-5 years, tariffs on electrical equipment, and community opposition are stalling builds nationwide. AI data centers are projected to consume up to 12% of national electricity demand, up from 4%. That's why Anthropic's approach is so aggressive, buying access to facilities that already have power rather than building from scratch. The companies that win the AI race may not be the ones with the best models. They may be the ones who locked up the most electricity.

"We no longer live in a free society if this is the case." (leamuirleyn) on a DOJ that charged Keonne and Bill 6 months after FinCEN told them Samourai wasn't violating any law.

The UK 30-year is now 80 basis points above the peak of the Liz Truss crisis. Nobody is talking about it. UK 30-year gilts hit 5.78%, the highest since 1998. The bond market is pricing more pain than the moment that supposedly broke British fiscal credibility two years ago. The UK is just the canary. US 10-year hit 4.42%. Japan's 10-year hit a 29-year high at 2.50%. Germany's bund hit 3.05%. France's OAT hit 3.72% with 114% debt-to-GDP. Every major central bank that was supposed to be cutting is now considering hikes. The energy shock reshuffled monetary policy. Oil above $100 means inflation isn't returning to 2%. This is the endgame. Decades of money printing meeting a supply shock central banks can't print away. The UK has £2.7 trillion in debt with £106 billion in annual interest, more than the entire defense budget. There are only two roads from here: IMF intervention or massive money printing. Either way, purchasing power gets destroyed. The ceasefire rumors surfaced the morning after US 30-year yields surpassed 5%. Whether the deal materializes or not, the bond market forced the conversation. Bitcoin sits outside this entire system. When every fiat bond market reprices lower at the same time, the case for a neutral reserve asset stops being a thesis and starts being arithmetic.

TFTC 742 w/ (leamuirleyn): "It's not really over until they're free." We discuss: ⚡ The Samourai case and the fight for a presidential pardon ⚡ Bitcoin without privacy is the perfect panopticon ⚡ The chilling effect on open source developers

Morgan Stanley is piloting cryptocurrency trading on its E*Trade platform, charging clients 50 basis points (0.5%) per trade. The service is currently available to select clients and is expected to roll out fully to all 8.6 million E*Trade users later in 2026.

"Bitcoin without privacy is the perfect panopticon." (leamuirleyn) says the Samourai case wasn't just about Samourai. It was about scaring developers away from working on privacy tools at all.

Ted Turner, the man who created the modern 24/7 news cycle, died at the age of 87. Turner launched CNN in 1980 out of Atlanta when nobody thought a round-the-clock news network could work. He turned his father's billboard company into a media empire that included TBS, TNT, Turner Classic Movies, Cartoon Network, and the Atlanta Braves. He sold it all to Time Warner for $7.3 billion in 1996. Before Turner, news was something you watched at 6 PM. After Turner, it never stopped. Every cable news network that exists today is a descendant of the model he built. Turner was also one of the largest private landowners in America, controlling roughly 2 million acres of ranchland and running the world's largest private bison herd. He donated $1 billion to create the United Nations Foundation. He revealed a Lewy body dementia diagnosis in 2018. Trump posted a tribute on Truth Social, calling Turner "one of the greats of all time" and a friend. "Maybe the new buyers, wonderful people, will be able to bring it back to its former credibility and glory," Trump wrote of CNN. "Regardless, however, one of the Greats of Broadcast History, and a friend of mine. Whenever I needed him, he was there, always willing to fight for a good cause!"

Senator Gillibrand says the CLARITY Act could pass by August. The "illicit finance" provision is the one to watch. That's where the Patriot Act expansion gets baked in.

Goldman says 95% of enterprises are getting zero return on $30-40B in GenAI spending. Goldman's own Exhibit 9 shows consumer AI demand growing 12x by 2030. Both are true. Here's what it means: Enterprise AI is failing because legacy companies don't know how to use these tools. They're spending millions bolting chatbots onto workflows designed in 2005 and wondering why ROI is zero. The real AI wave is startups who build from scratch. Three people doing the work of thirty. No legacy systems. No "AI transformation consultants." Just raw efficiency gains from day one. Meanwhile, the demand side is undeniable. Token economics turn positive H1 2026. Consumer agents are shifting from chat sessions to always-on. The hockey stick is already forming. The question is who captures the value. Open-source LLMs and agent frameworks are commoditizing inference. If small businesses and individuals can route around hyperscalers, the value moves from chips to applications. The market is overpricing hyperscaler equity as if they have traditional big tech moats. They might not. And the backstop nobody's talking about: Trump invoked the Defense Production Act for AI. The federal government is treating this as critical infrastructure. Will there be misallocation? Yes. But a full bust is hard to sell when demand outstrips supply and the government won't let it fail. Enterprise AI is a bubble. Consumer AI is a boom. Goldman proved both in the same report.

Congressman Thomas Massie visits PubKey.

President Trump announces a short-term pause of "Project Freedom" in the Strait of Hormuz at the request of Pakistan and other countries.

"Nothing has outperformed Bitcoin over any sustained time period. Nothing." @Nik Bhatia on why the Bitcoin-only thesis is stronger today than it was 10 years ago.

Sam Altman wants you to stare into an eyeball scanner to prove you're not a bot. World ID, built by Altman's company Tools for Humanity, uses basketball-sized cameras called "Orbs" to scan your irises and create a digital passport proving you're human. The company says it deletes the biometric data after scanning. The same company just got caught fabricating a partnership with Bruno Mars, claiming his world tour would use their verification product. Both Live Nation and Mars' management denied it. Tools for Humanity walked it back and blamed a "miscommunication." Trust us with your eyeballs. We can't even be trusted with a press release. Zoom, Docusign, and Tinder are already rolling out Orb-backed verification. The pitch is that it's an evolved CAPTCHA. The reality is you're handing over biometric data that can never be changed (you only get one set of irises) to a startup founded by the guy who created the problem. The Atlantic's own article compares this to Blade Runner and Minority Report. That should tell you everything you need to know about where this is heading.