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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 month ago
Elon Musk’s full interview with Forbes:
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TFTC 1 month ago
Elon Musk: "Datacenters in space is much easier than people may think. SpaceX has 10k satellites in orbit right now. In the future with Starship, we'll be launching over 10k per year." "If you want to climb the kardashev scale, you have to go to space."
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TFTC 1 month ago
Andrej Karpathy, former OpenAI founding member and Tesla AI director, just joined Anthropic. "I think the next few years at the frontier of LLMs will be especially formative." image
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TFTC 1 month ago
Jensen Huang: "If you don't use AI, you're gonna lose your job to somebody who does." "There's no fundamental limit to the size of a GDP. AI is gonna cause $100 trillion to become $200 trillion, $300 trillion, $500 trillion."
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TFTC 1 month ago
IREN just locked in $9.2 billion in AI infrastructure deals. $3.4 billion, 5-year AI cloud contract with Nvidia, including an investment option up to $2.1 billion and 5 GW of Nvidia DSX AI infrastructure. Plus a $5.8 billion purchase agreement with Dell for GB300 hardware and full AI infrastructure buildout. image
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TFTC 1 month ago
Palantir CTO Shyam Sankar on Elon Musk's AI job warning: “We’re going to grow jobs. We’re at the beginning of a prosperous boom for America that represents the Golden Age. Maybe there are going to be job losses, but they should all be in China.”
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TFTC 1 month ago
Jensen Huang: "We're going to have billions of AI agents in the world, working 24/7. Just as we give every digital worker a laptop and a small part of the data center, we're going to have to give every agent essentially a computer and storage in the data center."
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TFTC 1 month ago
"Lower rates means QE, which floods the system with cash, which causes inflation, which pushes up federal spending, which means more debt. Hike rates and you die by interest expense. There's no way out other than massive fiscal austerity." - @Peruvian Bull
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TFTC 1 month ago
Ontario is seeing a surge in tick-borne disease that shows how fast this problem is escalating. Reports of blacklegged ticks in the province are up 45% over the same period last year, with 1,672 Lyme-carrying ticks logged so far in 2026. The Greater Toronto Area is the epicenter, driven by warmer winters, dense ravine networks, and growing white-tailed deer populations. Canada's Lyme disease cases have gone from 144 in 2009 to 5,239 in 2024. A 2016 study found 41% of blacklegged ticks in Ontario carry the Lyme bacterium. If left untreated, the infection can spread to the nerves, joints, and nervous system and become difficult to treat. The widely used antibody tests can return false negatives during the first four to six weeks of infection, which is the most critical window for treatment. One 28-year-old Toronto woman contracted Lyme from a tick bite in 2016. Her initial test came back negative. Doctors refused to believe she had the condition. She spent two years looking for answers while developing neurological symptoms including twitches and tremors. She was eventually diagnosed by a private California lab. By then, antibiotics couldn't fully quell her symptoms. Today she remains unable to work full time and lives with chronic pain and fatigue. Ticks also carry alpha-gal syndrome, which causes a severe, often permanent allergy to red meat. The arachnids are gradually spreading northward into regions that were previously too cold, and adult blacklegged ticks can become active any time the temperature rises above 4°C, even in winter. The president of the Canadian Lyme Disease Foundation says reported numbers are likely a "huge underestimation" as Lyme has historically gone under-reported. image
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TFTC 1 month ago
"Bitcoin is money for enemies. This would be quite a validation of that thesis." @JOHN ARNOLD on reports that Iran's IRGC is demanding payment in Bitcoin for Strait of Hormuz transit.
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TFTC 1 month ago
"I pay $350 a month for health insurance with a $6,000 deductible. I have to pay full price for everything until I hit $6,000. Every year I'm not going to spend $6,000. So what's the point?"
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TFTC 1 month ago
Joe Rogan: "A good friend of mine got bit by the Lone Star tick and has alpha-gal. He did treatments, was fine for about a year and a half, then it came back stronger than ever. He can only eat eggs and vegetables."
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TFTC 1 month ago
Coinbase CLO: "With this bill, law enforcement will have unprecedented powers to go after bad actors who happen to use crypto while protecting victims and good actors in this space."
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TFTC 1 month ago
"I find it extremely difficult to believe we're gonna look at a few hot inflation prints and say 'we have to hike rates, cede hegemony to China, lose the AI race, and cancel trillions in hyperscale CapEx.'" @JOHN ARNOLD on why he's fading the rate hike narrative.
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TFTC 1 month ago
New research from Matthew Boyer claims that the campaign against US AI data centers is being shaped by foreign influence at multiple levels. The report, authored by (SamLyman33) (BPI's head of research and former senior advisor to Treasury Secretary Bessent), documents that Beijing's English-language outlets CGTN, China Daily, and Global Times have run campaigns warning Americans that data centers are environmentally and economically dangerous while the Chinese government simultaneously subsidizes up to half of the energy costs for its own AI data center operators. Russia's RT has promoted data center ban campaigns in Maine, New York, South Carolina, and Oklahoma. Domestically, the report traces a network of US nonprofits funded by Neville Roy Singham, a Shanghai-based American expatriate currently under congressional inquiry for reported CCP ties. Singham has channeled roughly $278 million into six US nonprofits since 2017. The New York Times called it "a global web of Chinese propaganda." Delhi Police have charged "the Chinese government" with being the network's "ultimate paymaster." His network includes CodePink, which explicitly targets US AI data centers, and Tricontinental, which has published content opposing US AI export controls aligned with Beijing's official positions since 2021. The third layer involves foreign billionaire money flowing into US advocacy. Swiss billionaire Hansjorg Wyss, who says he has "never felt the need to become an American," and British billionaire Alan Parker's Oak Foundation have routed over $2 billion into US advocacy infrastructure. The Wyss Foundation funded Americans for Financial Reform, which signed the coalition letter demanding a national data center moratorium. That letter preceded the Sanders-AOC AI Data Center Moratorium Act by 107 days. The campaign has already produced 54 local data center moratoriums across US towns and counties. Sen. Bernie Sanders hosted two Chinese government affiliates at a US Senate panel on "the existential threat of AI" one month after introducing the moratorium legislation, including a sitting Counsellor of the State Council. Two Senate Democrats broke ranks. Sen. Mark Warner called the moratorium bill "idiocy." Sen. John Fetterman called it "China First." image
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TFTC 1 month ago
Trump delays planned U.S. strike on Iran at request of Qatar, Saudi Arabia, and UAE leaders. He agreed to pause a scheduled military operation against Iran to allow ongoing negotiations to continue. He emphasized that the U.S. remains ready for a large-scale strike if talks fail, and any deal must prevent Iran from acquiring nuclear weapons. image
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TFTC 1 month ago
"The game doesn't work without stock prices going up. If you think the Fed is going to hike aggressively, you're saying the US is going to give up hegemony." -@JOHN ARNOLD We discuss: ⚡ AI productivity bet ⚡ Iran demanding Bitcoin ⚡ Treasury lending
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TFTC 1 month ago
"A large part of the Japanese financial system is now insolvent and the government itself is insolvent. The more you enable it, the worse it gets. Rather than just taking the sick horse and letting it die, you just keep giving it drugs to keep it sedated." - @Peruvian Bull
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TFTC 1 month ago
Prime Trust's bankruptcy estate has filed a 94-page complaint against Swan Bitcoin seeking to recover roughly $970 million in assets that Swan allegedly withdrew in the 90 days before Prime Trust's August 2023 bankruptcy filing. According to the complaint, Swan withdrew 11,994.08 BTC (worth $938 million at current prices), $24.66 million in cash, roughly $5 million in stablecoins, and 91,144 XRP from Prime Trust during that window. The most striking allegation involves how Swan reportedly learned of Prime Trust's distress. The complaint claims a senior executive at Prime Trust who was also a paid advisor to Swan contacted Swan CEO Cory Klippsten four days before Prime Trust's meeting with Nevada regulators. The executive allegedly initiated a chat on an encrypted messaging platform and immediately set messages to auto-delete after 24 hours. The next available notification between the two was from May 27, 2023, the day after the Nevada regulator meeting and the same day Swan transferred 10,080 BTC off Prime Trust. That notification shows the executive turned off the auto-delete feature. The complaint also disputes Swan's claim that customer assets were held in individually owned trust accounts. It alleges that the governing agreements between Swan and Prime Trust expressly disclaimed any fiduciary relationship, and that Prime Trust created a "PT FBO Swan Customers" internal ledger designation on May 25, 2023, one day before meeting with Nevada regulators, to give the false appearance that Swan's assets had always been held for the benefit of Swan's customers. Swan disputes the claims. A representative told Blockspace: "Prime Trust held customer property in individually-owned trust accounts. The bankruptcy estate is now trying to take assets it held in trust as custodian, from a party that never received them. Customer assets held by a trust company are not available to general unsecured creditors, and we expect the courts to say so." Prime Trust's estate has filed similar clawback suits against Strike, Compass Mining, Fold, Galaxy Digital, and other firms. Swan has not yet filed a response. The case is assigned to Judge J. Kate Stickles in the U.S. Bankruptcy Court for the District of Delaware. image