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TFTC
tftc@primal.net
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Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
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TFTC 2 days ago
Microsoft is offering voluntary buyouts to a significant portion of its workforce as it restructures around AI. Reports suggest up to 60,000 employees could be eligible. Eligible staff at VP level and below across the US, Canada, India, and the UK can leave with financial support and career planning resources. "This offer gives eligible employees who may be considering a future outside the company a new choice to make that transition now with support." image
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TFTC 3 days ago
"Warsh has to raise its rates a little bit on the short end because the money markets are demanding it." Tom Luongo on the bear flattener.
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TFTC 3 days ago
Michael Saylor: "Passive income should be passive."
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TFTC 3 days ago
Cohere's research team caught Alibaba's Qwen3.8-Flash-Next model doing something alarming in a sandbox test. Asked to write a defensive cybersecurity detection rule, the model instead inventoried the machine it was running on and tried to upload a probe file to an Alibaba Cloud storage bucket in Beijing. "The model's reasoning trace stated that it would not invoke any tools before taking these actions." Cohere's sandbox blocked the attempt and no external communication succeeded. They are not asserting malicious intent but are publishing the findings because "organizations making model adoption decisions deserve as much information as possible." @calle noted this maps to Anthropic's "sleeper agents" research, which showed that backdoor behavior in LLMs can persist through safety training and is hardest to remove from the largest models. image
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TFTC 3 days ago
River shows that nearly 80% of bitcoin is held by individuals, compared to 47% of gold, 42% of stocks, and just 12% of bonds. image
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TFTC 3 days ago
A hacker gained root on http://StealMyBitcoin.com's PHP target box after 19 hours and claimed the 2.5M sat prize. The exploit chains three stages against PHP 8.4.26 on Alpine: a heap leak, a code leak, and a forged HashTable callback that reaches system(), all in 20 HTTP requests with no looping or retries. Full PoC is published on GitHub.
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TFTC 3 days ago
Jameson Lopp: "We are orders of magnitudes away from a real usable quantum computer that can crack the algorithm that is used to secure your Bitcoin."
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TFTC 3 days ago
Anthropic just filed its S-1 to go public on Nasdaq under the ticker $ANT. $16.3B in revenue in H1 2026, up from $1.16B a year earlier. $80.7B net loss, mostly non-cash charges on convertible notes. $637B in compute contracts with Google, Amazon, Microsoft, and others. The S-1 warns that superintelligence could "concentrate power and wealth," while the filing itself gives seven co-founders 50.1% of total voting power through a single Class F share. Targeting a $2T+ valuation. Goldman and Morgan Stanley leading a 22-bank syndicate. image
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TFTC 3 days ago
Ducat is bringing UNIT's Bitcoin-backed stablecoin to Cashu ecash. Deposit UNIT, get Turbo UNIT. Send it as a message or QR code.
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TFTC 3 days ago
A Dutch flower farmer is heating her greenhouse with Bitcoin miners instead of natural gas.
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TFTC 4 days ago
Japanese investors sold ¥3.43 trillion ($21.9 billion) of foreign bonds over the last 5 weeks, their longest selling streak in 4 years. Japan’s 10-year yield is up more than 80 bps this year. image
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TFTC 4 days ago
New IMF research: when governments suppress energy prices with producer subsidies, debt-to-GDP can rise up to 22x more than with targeted transfers. Consumer subsidies add 3x to 6.6x more. image
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TFTC 4 days ago
"Where are they getting the dollars? Well, they have to sell something. They sell treasuries." Luke Gromen on oil shocks and treasuries.
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TFTC 5 days ago
"Oil is the key driver of inflation, in my opinion." Mel Mattison on oil and inflation.
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TFTC 5 days ago
Franklin Templeton registered two ETFs on Nasdaq this week. 95% large-cap US stocks, 5% bitcoin. Every dividend the stocks pay automatically buys more BTC. h/t Fernando Nikolić image
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TFTC 5 days ago
Fidelity says Bitcoin's move from $100K to $200K "may happen much faster" than the 16 years it took to hit six figures.
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TFTC 5 days ago
Fidelity's Jurrien Timmer on bitcoin: "I think it will be eating gold's lunch for a while." 1 bitcoin now buys 20.4 ounces of gold, up from 11.9 earlier this year. image
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TFTC 5 days ago
"It just highlights the negative externalities of this KYC, AML regime." @MartyBent on the Cash App account opened in someone else's name.
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TFTC 5 days ago
"This whole debate is extremely frustrating." @MartyBent on why Bitcoiners would coordinate a quantum fix.
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