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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 5 days ago
The European Parliament just voted to extend a rule that lets platforms scan your private messages without a warrant or prior suspicion. It runs until April 3, 2028. This covers DMs on Instagram, Discord, Snapchat, and Xbox, plus emails on Gmail and iCloud. The original rule was introduced in 2021. MEPs actually rejected extending it back in March by a vote of 311 to 228 and the rule lapsed on April 3, 2026. But Brussels brought it back on an "urgent basis" before summer recess, and this time the motion to reject it failed to get the majority needed. Former MEP Patrick Breyer called it "a farce" that "damages democracy," pointing out it passed against the will of most voting MEPs. The data shows the system doesn't work. Only 36% of abuse reports in 2024 came from scanning private chats. Most came from public posts and cloud storage. 48% of alerts weren't even criminally relevant. 40% of investigations from these alerts targeted minors themselves. 99% of Meta's reports were about material already known, not new abuse being caught. The European Commission itself admits there is no evidence this scanning has increased convictions or rescued more children. This is the voluntary version. A separate permanent law, the Child Sexual Abuse Regulation, is still being negotiated. That version could force scanning on every platform and reach into encrypted messages like Signal and WhatsApp. Breyer warned this vote removes any pressure on the Council to pursue real reform. They can just keep extending the old system instead of passing something better. The playbook is clear. Wrap mass surveillance in child safety language, bypass democratic opposition through procedural tricks, and buy time to push the permanent version through with less scrutiny each round. image
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TFTC 5 days ago
A humanoid robot just performed surgery for the first time. Researchers at UC San Diego used a 5-foot, 60-pound teleoperated robot nicknamed "Surgie" to complete a gallbladder removal on a large mammal, published yesterday in Nature. One procedure paired the robot with a human surgeon. A second used two robots side by side with no human hands on the patient. image
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TFTC 5 days ago
Mark Zuckerberg tweeted for the first time in over 3 years to announce Meta's new AI model, Muse Spark 1.1. image
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TFTC 5 days ago
16 years ago today, Satoshi explained why cornering bitcoin's market is impossible: "When someone tries to buy all the world's supply of a scarce asset, the more they buy the higher the price goes. It gets too expensive for them to buy any more. Some people keep holding out and refuse to sell." image
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TFTC 5 days ago
Truflation's real-time CPI index just hit 1.82%, less than half of what the BLS is reporting at 4.20%. image
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TFTC 6 days ago
Most people do not need more bitcoin, macro, or AI news. They need a sharper filter. Every morning, the Bitcoin Brief cuts through the noise across bitcoin, macro, AI, energy, policy, privacy, markets, and freedom tech. No hype. No “crypto” slop. No AI boosterism. No pretending fiat institutions are neutral. Just the stories that matter, why they matter, and what they reveal about the fight for sovereignty. Read it free every weekday. Subscribe here:
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TFTC 6 days ago
Mike Rowe visited a Texas data center and met three debt-free electricians under 30, all making north of $240K a year and poached three times in 18 months.
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TFTC 6 days ago
OpenAI gets the green light to release GPT-5.6 globally. "It's really paramount to get these new models out as fast as they can in the face of increasing opposition from the government."
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TFTC 6 days ago
Fraudulent emails impersonating River Financial are circulating with the subject "Action Required: Update to River Client Agreements," urging recipients to schedule a call. h/t Aaron Copenhaguen ⚡️🎸🇦🇷🇺🇸 image
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TFTC 6 days ago
.@calle's NFC Tap-to-Pay with Bitcoin ecash in the wild at Steak 'n Shake.
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TFTC 6 days ago
"I am not trying to redistribute wealth. The redistribution of wealth is happening." - Gary Stevenson
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TFTC 6 days ago
"You cannot simultaneously have an untaxed billionaire class and an asset-holding middle class, you must choose." - Gary Stevenson
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TFTC 6 days ago
Gary Stevenson dodges every question about his own net worth while arguing the rich should be taxed more. "I don't want the richest people in the world to know where I live."
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TFTC 6 days ago
"I am not trying to redistribute wealth. The redistribution of wealth is happening. The redistribution of wealth is happening." - Gary Stevenson
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TFTC 6 days ago
CFTC Chairman Michael Selig says the Clarity Act is "so close." "We have to get this done. It's absolutely critical that we have a federal standard for crypto assets."
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TFTC 6 days ago
"If I was to start Bull Bitcoin today, there's zero chance I would succeed. 90% of all crypto companies just got kicked out of Europe. The compliance moat is massive." - Theo Mogenet
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TFTC 6 days ago
Senator Ron Wyden just sent a letter to Senate leaders Thune and Schumer urging them to preserve Section 604 of the Clarity Act, the Blockchain Regulatory Certainty Act. This is arguably the most important section in the entire bill. It would codify that non-custodial software developers should not be treated as money transmitters simply for publishing open-source code. Wyden's argument is straightforward. The Bank Secrecy Act and the criminal code need to be read together. If a developer builds software that lets people manage their own digital assets but never takes custody of those assets, treating that developer as a money transmitter is legally incoherent. He points out this already aligns with existing FinCEN guidance and emerging case law. He's not asking for something new. He's asking Congress to codify what regulators already acknowledge. He also pushes back on critics who claim the BRCA weakens anti-money laundering protections. His letter explicitly states the provision would unify FinCEN and DOJ policy, keep law enforcement focused on actual criminals, and includes an exception ensuring that any non-custodial developer found handling illicit funds is not protected. The political context matters. There's uncertainty over whether certain law enforcement groups will accept the BRCA language and whether changes will be needed to win votes from Democratic senators like Cortez Masto and Warner. Wyden co-sponsored the standalone BRCA alongside Senator Lummis, making this a genuinely bipartisan push. Worth noting that while Section 604 deserves to be preserved, the Clarity Act as a whole remains a mixed bag. The bill extends the Patriot Act, contains provisions that could be interpreted to impose compliance burdens on open-source wallet developers, and is largely being championed by the broader crypto industry looking to legitimize token issuance. Section 604 is the part worth fighting for. Whether the rest of the bill deserves the same enthusiasm is another question entirely. image
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TFTC 6 days ago
Fidelity Digital Assets reports that while average U.S. home prices have risen over $100,000 in USD since 2020, they have become approximately 10 times cheaper when measured in Bitcoin. image
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TFTC 6 days ago
Tennessee's ban on Bitcoin and cryptocurrency ATMs took effect July 1 after a federal court rejected an industry challenge and allowed the law to stand.
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TFTC 6 days ago
"Chain analysis is a fucking scam. It's a pure LARP. It was never legally mandated. The industry proactively cucked itself to dispel the myth of shadiness, and now that custom is becoming law." - Theo Mogenet