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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 2 months ago
OpenAI's former CTO Mira Murati testified under oath in the Musk v. Altman trial that Sam Altman lied to her about safety standards for a new AI model and routinely told different executives completely opposite things. Murati said Altman falsely claimed OpenAI's legal department determined a new GPT model did not need to go through the company's deployment safety board. When she checked with general counsel Jason Kwon, she found their accounts did not match. She overrode Altman and sent the model through the board anyway. Her testimony lines up with a 52-page memo from cofounder Ilya Sutskever previously read into the record, which said Altman "exhibits a consistent pattern of lying, undermining his execs, and pitting his execs against one another." Former board member Helen Toner made similar claims in 2024. Murati briefly served as interim CEO after the board fired Altman in November 2023 and said OpenAI was at "catastrophic risk of falling apart" during the transition. She left the company in 2024 and founded a competing AI firm, Thinking Machines Lab. The trial is part of Musk's $150 billion lawsuit against OpenAI and Microsoft. image
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TFTC 2 months ago
SF Fed President Mary Daly says it’s too early to tell if the central bank has finished its rate-cutting cycle.
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TFTC 2 months ago
President Trump concludes bilateral meeting with Brazilian President Luiz Inácio Lula da Silva, discussing trade and tariffs. Trump called the talks "very well" and announced follow-up discussions between representatives. image
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TFTC 2 months ago
Senate Banking Committee preparing to notice a markup for the Clarity Act as soon as tomorrow with a potential Thursday vote, per Eleanor Terrett. Draft text is circulating. image
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TFTC 2 months ago
AOC: "There's a certain level of wealth and accumulation that is unearned. You can't earn a billion dollars."
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TFTC 2 months ago
A new HarrisX poll of 2,008 registered voters claims 52% support the CLARITY Act and just 11% oppose it ahead of a Senate Banking Committee vote expected next week. The bill would determine whether the SEC or CFTC regulates each type of digital asset and create registration rules for exchanges and custodians. According to the survey, 70% of voters say the U.S. should have already passed clear crypto legislation. 56% say foreign-controlled digital payment systems would weaken national security. Only one in three knew that 8 of the 10 largest crypto exchanges are based outside the U.S., but once told, 46% called it a problem. On midterm implications, HarrisX says 47% of voters would consider crossing party lines for a candidate who supports the bill. Among crypto owners that number jumps to 72%. image
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TFTC 2 months ago
Good to see Angela McArdle bringing the Samourai Wallet case to Tim Pool's audience. Most people still have no idea developers are facing prison for writing code. The more people who hear about this the better.
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TFTC 2 months ago
The WHO claims the recent hantavirus outbreak proves why countries around the world must be part of a global health order. "We really need this incident, this outbreak, to show why the world needs a global entity that connects this." "We live in an interconnected world. An outbreak in one part affects everywhere."
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TFTC 2 months ago
The Padel Club in Austin is now accepting Bitcoin. The moment Square terminals enabled Bitcoin payments, they flipped the switch. No setup. No third-party processor. No friction. This is what the Bitcoin payments thesis looks like in real life. image
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TFTC 2 months ago
February: -448K jobs cut. Largest decline since July 2020. March: +655K hired. Largest increase on record outside the pandemic. h/t (KobeissiLetter) image
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TFTC 2 months ago
Japanese stock market his new all time high image
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TFTC 2 months ago
Hantavirus: 40% fatality rate. Zero approved treatments. The best modern medicine can offer is "supportive care," which means hope your body figures it out. Why have we not been studying treatments? Hantavirus is an RNA virus. Ivermectin blocks the nuclear import pathway that RNA viruses exploit to replicate. Peer-reviewed studies published in Antiviral Research, Nature, and the Journal of Virology show broad-spectrum antiviral activity against dengue, Zika, West Nile, chikungunya, and other RNA viruses. Three people are dead on a quarantined cruise ship. Five more are sick. The WHO has confirmed it's the Andes strain, the only hantavirus known to spread person to person. US health authorities are now monitoring passengers in three states. A Nobel Prize-winning drug with a decades-long safety profile and a documented antiviral mechanism exists. No one is claiming it's a proven cure. But when the fatality rate is 40% and there is literally no approved treatment, the question is simple: why isn't anyone studying it? h/t Mary Talley Bowden MD image
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TFTC 2 months ago
A federal judge has unsealed a purported suicide note written by Jeffrey Epstein after the New York Times petitioned the court to release it. The note had been sealed for six years. Epstein's former cellmate, Nicholas Tartaglione, says he found the note inside a graphic novel after Epstein's first suicide attempt in July 2019. The note reads: "They investigated me for months. FOUND NOTHING!!! It is a treat to be able to choose one's time to say goodbye. Watcha want me to do. Bust out cryin!! NO FUN. NOT WORTH IT!!" It has no signature and has not been authenticated. After that July attempt, Epstein told jail officials Tartaglione had attacked him and that he was not suicidal. A Bureau of Prisons evaluation deemed him "low risk," quoting him saying "it would be crazy" to take his life. The watch was removed. He was dead weeks later. The Justice Department says it had never seen the note. No copy appeared in the millions of Epstein documents the agency has released. How it ended up inside a graphic novel, authenticated only by the cellmate's lawyers, and sealed from the public for six years raises more questions than it answers. image
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TFTC 2 months ago
"Where wealth exists today will transfer into where wealth is going tomorrow." @jack mallers on Bitcoin as the greatest wealth transfer in human history, $400-500 trillion in assets being monetized as savings, and Bitcoin is competing for all of it.
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TFTC 2 months ago
"Whether people know it or not, they're all speculators because the currency they're forced to use is being debased." @jack mallers breaks down why every crypto company falls on a spectrum from speculation to conviction, and where Twenty One fits.
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TFTC 2 months ago
.Quentin Ehr is premiering a four-part documentary on Bitcoin circular economies at the Unconference in Prague. Filmed in Kibera, Nairobi, one of Africa's largest informal settlements where residents built a functioning Bitcoin economy with no government funding. image
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TFTC 2 months ago
"If you're working on something that they don't like and a user of your software could do something with it that we deem bad, we will come after you." - (leamuirleyn) The Samourai precedent puts every Bitcoin developer at risk.
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TFTC 2 months ago
President Trump says talks with Iran over the last 44 hours “went very well” and that a deal is now “very possible.”
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TFTC 2 months ago
VanEck Head of Digital Assets Research Matthew Sigel says $1 million Bitcoin is the base case over the next several years.