Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
Public Key
npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw Profile Code
nprofile1qqsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavuspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsd9rvh0
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Published at
2026-03-24T02:35:49Z Event JSON
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Last Notes npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Asia's leverage boom is unwinding fast. $67 billion in margin debt has been wiped across South Korea, China, and Taiwan since their recent peaks. South Korean leveraged ETFs tied to SK Hynix and Samsung have lost 63% of their assets, down $7 billion. h/t (KobeissiLetter) https://blossom.primal.net/6ab338aba4607d5a0148aee1c05ce7db6ddbc34fa228d5b562a03f0e1caf8d61.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A third wave of the Coldcard seed-entropy hack has been identified. 1,367 BTC (~$88.6M) drained across 4,585 addresses in three waves. Funds are 100% unspent, still sitting in the attacker's wallets. Galaxy Research has the full breakdown. https://blossom.primal.net/30b9a855b7bb1b84af4b6c8c19794ffaec2c196ed635846fc18e94fd88ebfe64.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Galaxy Research is tracking the Coldcard hack in real time. They've identified three waves of sweeps so far: 1,367 BTC (~$88.6M) drained from 4,585 addresses. The first wave hit 1,196 addresses in a 41-minute window, all paying an identical 30 sat/vB fee. Automated key scanning, not owners moving funds. Galaxy notes "the loss profile is dominated by sub-1 BTC addresses in count, but by larger addresses in value. This appears to be the shape of individual self-custody, not institutional holdings." Not one coin taken was created before the vulnerable firmware shipped in March 2021. https://blossom.primal.net/30b9a855b7bb1b84af4b6c8c19794ffaec2c196ed635846fc18e94fd88ebfe64.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC As much as this hurts. The network will grow stronger from it. Don't give up. https://blossom.primal.net/ac6fe08756ec588df537ae84f233ff71fd535c8c3ab72c3a69f5d379ec297969.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Conner Brown of Matthew Boyer urges Coldcard victims not to destroy compromised devices after the firmware flaw that drained tens of millions in BTC. “If you have a Coldcard that was compromised, do not throw away or destroy the device.” https://blossom.primal.net/605c28fa7898cc106f6d3c27b2ab25c87ab6d8446e03a2312d055de6edf72ec3.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Security by obscurity is going to zero rapidly." (jamesob) and other researchers independently reproduced the COLDCARD vulnerability by pointing an AI model at the firmware history. This is the new reality for open-source security. https://blossom.primal.net/429e407bbf7a7a944b935f1c88cf75ff9d599b8941b2de1d076801ff90a5002f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coldcard founder (nvk) says the reports of drained wallets are not a device vulnerability. The thefts are part of a wider attack affecting 500 private keys across different wallet types, not just Coldcard. https://blossom.primal.net/6bc4cd1dfb4c3fba4a6d842a064a9e1805502dbc83eb9d79037352d9c315e3a0.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Cynthia Lummis says the CLARITY Act remains on track for a Senate vote before the August recess: “Sen. Thune has kept a place for the CLARITY ACT on the agenda...and I believe he does intend to go through with it...We will be moving forward.” https://blossom.primal.net/f3c786c393634fea4c011512ba448fd0923ff393fa595e4ae7a61cc45abf7798.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Cynthia Lummis: “This doesn’t come back next year… The realistic next chance at market structure legislation is likely 2030.” She urged passage of the CLARITY Act, adding the window to lead “is wide open.” https://blossom.primal.net/73ef82c62195e3c7b9c1f8b76eb2c107db0233376f384dbb0a07ff2fa374849c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC IRS warns digital asset investors of fake letters with QR codes directing to a nonexistent “Digital Asset Compliance Portal.” Coinbase also alerts clients. Do not scan the codes or enter any info. https://blossom.primal.net/b36b3d418cf4f18276f32ee1a3530bca036145b8b58cf6e0eb81ecf1ab00fcd5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Leopold Aschenbrenner's Situational Awareness fund is up 439% on the year, levered to the gills on AI stocks, and is now scrambling to raise capital after the recent rout. Sound familiar? Every few years, an Effective Altruist makes a fortune, gets drunk on their own certainty about the future, levers up, and blows apart. SBF believed he had a moral obligation to make as much money as possible so he could redistribute it to save the world. That conviction gave him permission to cut corners, commingle funds, and lie. He's in prison. Aschenbrenner believes he has "situational awareness" that perhaps a few hundred people on earth possess. That conviction gave him permission to run a skeleton crew of 4 investment professionals, use massive leverage with no prior trading experience, and concentrate into the most crowded trade on the planet. The pattern isn't coincidence. It's the philosophy. EA teaches its followers that the expected value of the future is so enormous that almost any risk is justified in the present. If you truly believe AGI will reshape civilization and you're one of the few who sees it clearly, why wouldn't you lever 10:1? The math says you should. That's the trap. Certainty about the future plus moral permission to act on it is the most dangerous combination in markets. It turns smart people into walking blowup risk. The market doesn't care about your thesis. It cares about your margin call. https://blossom.primal.net/95f01563679638b3f77b7f719a448209e8d7f1302b3a8d51922701fad051e849.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Stop selling your bitcoin to pay for life. (AvenCard) gives you a credit line backed by your BTC. Up to $1M. Rates starting at 7.99%, fixed for up to 10 years. No rehypothecation. No annual fees. 2% cash back. https://www.tftc.io/aven-bitcoin-visa-card/ npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Kevin Warsh: "The economy is showing impressively resilience. Even with recent shocks, the trends are positive and reveal solid growth. Inflation remains elevated." https://blossom.primal.net/423887253309b2da2112ba3094dad9dcf42fe734d756732823086a316230a836.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitchat, the offline Bluetooth mesh messaging app, is now available as a full client on Wear OS smartwatches. Acts as a decentralized walkie-talkie. https://blossom.primal.net/afbc28a68c84d3f0e0aadeee30eb49e79ebe693d06c5745ba6ab75224839e08e.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC BitMart is shutting down and even on the way out they're extracting value from users. One user tried to withdraw $2. Minimum withdrawal was $5, so they deposited $10 to qualify. Fees took $11. Net result? Turned $2 into $1 and gave BitMart $10 for the privilege. The backstory is worse. BitMart got hacked for $196M in 2021. Funds went straight to Tornado Cash. They promised reimbursements that never came. Then in May 2026 a proof-of-reserves leak showed ~$169M on paper, but almost all of it was BMX, their own token. Actual USDT on hand for withdrawals? Reportedly $650K. BMX dumped 60%. Withdrawals stalled. Margin trading force liquidated. AMM bots suspended. Full wind-down announced. All within 24 hours. This is why self-custody matters. Not your keys, not your coins isn't a meme. Every cycle produces another exchange collapse that proves the point. https://blossom.primal.net/b58d9ae34cd80d153afa15308f45d50db437df4cc6d76b47880c94d9f21c8e94.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC DCG urges Senate to pass Clarity Act before August recess: "We respectfully urge you to schedule a floor vote on the Digital Asset Market Clarity Act before the August recess." https://blossom.primal.net/4c99d619e8773517804dbfd360f7b4f7be8f42cfdf58437df086de8165e91822.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Ashley Moody grills Dr. Fauci on his preemptive Biden pardon: “Did you talk to President Biden and ask for this pardon?” https://blossom.primal.net/47744ac2db833a081022eb87265201f68ee1b4e5916c003b5b0572b24d828615.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC CTA, the U.S. largest tech association, says the CLARITY Act prevents capital flight and job losses: “The longer we delay, the more investment moves elsewhere. Capital flows to jurisdictions with clearer rules. America loses jobs and leadership.” https://blossom.primal.net/642ca1a7c7a36ea94d00c915b8e5f7a68b191b97b34ddc614b4766ba782a67fc.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Palmer Luckey unveils the ModRetro M64: "It's an heirloom-grade tribute to the Nintendo 64, compatible with all your Nintendo 64 games, but with a lot of really cool new features as well." https://blossom.primal.net/1c9902aabcc8213ce10194454c99739c0ff5033f24aa053ecb6d706e70ab88d4.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .(nvk) resurfaces a Mircea Popescu post from 2012 mocking quantum FUD against bitcoin. "Bitcoin is doomed because quantum computers" was the argument then. The FUD cycle never changes, only the price does. https://blossom.primal.net/9df44b703ab4bf8df8faf57a35b0cdac8c0ce1384335747ced275faf18a51274.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bank of Russia drafts first regulations to launch cryptocurrency market: “The Bank of Russia has created conditions for organised trading in digital currencies and digital rights.” https://blossom.primal.net/090a37021f5022ebca9da45bc2560ae939a63605fb4bd51ff7252da65f6fce7f.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jim Cramer on data centers: "If you are borrowing money to buy something related to the data center, here’s what you’re going to do. Tomorrow morning, 9:30 AM, sell it. No matter what. You will not regret it." https://blossom.primal.net/3a3ec75d7336734c34fca9f11ec0c5c2bb762979da10fb4804b036baa617a5da.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Rep. Mike Haridopolos on the CLARITY Act: "This is about the future currency and the world, and making sure American markets are the premiere markets in the world." https://blossom.primal.net/1cafd1afa55266da39e025010b2b67330771bb05e6f3fbda014e75f4db7acc21.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitchat can now share its own APK offline to other Android phones via Wi-Fi hotspot or Nearby Share, no internet required. https://blossom.primal.net/a483afd33914b416378f2ad5d9dbb02a8396e9093e79b2aa7227017ea3c3d6d2.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Alphabet's estimated capex over the next 12 months just went vertical past $200 billion. For context, they spent less than $30 billion as recently as 2022. https://blossom.primal.net/31d02d2b84446dafc8736b18da8663de3a005d14bfaa83b25795f7f78473f64b.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC New York City just launched a government-backed grocery network with $70 million in public capital and a required 30% discount on a city-approved basket of staples. The city supplies turnkey sites, covers rent and property taxes, and makes annual "Affordability Payments" to cover the gap. No one has disclosed the size or formula for those payments. The $70M is startup capital, not the recurring subsidy. Average food-retail margins are 2.1%. A 30% mandated discount doesn't repeal spoilage, labor, logistics, or theft. It moves the shortfall to taxpayers. At the same time, the Department of Finance published a surcharge target roll of 959,710 property records for a new non-primary-residence tax. Owners must prove exemption with tax returns, IDs, leases, and affidavits. The city isn't just collecting a tax, it's building an administrative test for who deserves to keep what they own. One group gets a discount at the register. The other gets a surcharge notice and a demand for paperwork. Different agencies, same political logic: define the favored use, set the preferred price, force private property to absorb the difference. Free at checkout is not free. A public target roll is not neutral. New York is building the store and the list at the same time. https://blossom.primal.net/ea8dc2385065ab93cbb2497efa5630b92ec70dd85f5b4cd24015c62d1749e175.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Microsoft just released its first in-house AI built to fight cyberattacks. Called MAI-Cyber-1-Flash. It powers a team of AI agents that find and fix threats on their own, with a public tryout starting August 3 in Microsoft Defender. https://blossom.primal.net/d81da6c4d02f44adcfc327cbd106ec05bae2228fda61a33f2d0175e38af09101.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin critic and actor Ben McKenzie urges Congress to block the Clarity Act. "You can not be against Trump's crypto corruption and then vote for a bill that enables that corruption to continue." https://blossom.primal.net/0a400fafba133a5829e0c2db06c1cef0a03dc79ba420029e975e272480d11b9e.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinbase CEO Brian Armstrong says the Clarity Act "is at the 1-yard line" amid talks with lawmakers to advance the bill. https://blossom.primal.net/e27c56817e9513803a60d7100c550c8cb503b869f0d3365aae654e192a9a6b14.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Senate Majority Leader Thune on Clarity Act: “There’s a lot of swirl around it, on yield, some of the things that the banks care deeply about.” Expects “fairly robust amendment process” if cloture is reached. https://blossom.primal.net/3bcf9050103d6ada729cc0a76f78857a842aaaf77991daed6280623ff070c38c.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Franklin Templeton supports the CLARITY Act: “The bill would make clear how crypto is regulated. Investors would know what protections apply. Firms would know which regulators they answer to.” https://blossom.primal.net/cc3c6415c8a02392f9f22de9fdd39b583e919583c3f7158f5f937db2ba5b346a.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .Erik Voorhees showing Kimi K3 running on (AskVenice) answering a prompt about the 1989 Tiananmen Square protests, uncensored. https://blossom.primal.net/206a2dbc5ca9defed3231ab3e1d2b2f9747c7bb5658ac581e5b5b6c17633984d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .(DavidBCollum) and @npub1guh…6hjy on why Gen Z is leaning socialist and the Rorschach test playing out in real time: "It makes sense why they're leaning socialist. They've been taught that this is a capitalist system." "My main enemy is the people that have been running this country." "The Charlie Kirk Tyler Robinson story — you can see people picking sides in ways that you go, I did not see that coming." "I don't think you can convict Tyler Robinson based on what I've seen. Not in a standard court of law." https://blossom.primal.net/55f747ed7bedaae10ae772a9d49f6e6208ecab1a66e9bd3d775bf179f6dc30a9.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .(DavidBCollum) and (RudyHavenstein) on the unchecked expansion of executive power and why both parties are the problem: "We gave the executive way too much power under Bush and Cheney and it's just metastasized over the years." "Everything Trump does is gonna be done by some president in the future that you really hate." "There's no cops on the beat. Trump is just making a farce of the whole thing. He's blatantly selling to major criminals." "He seemed like our last hope and now our last hope is gone." "He's done the opposite of everything he promised. And it's pathetic." https://blossom.primal.net/e7f1ae4fffea4ebc84f8ef4f27d66626093be5286e2b7a2b867f215d5e90c1ec.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "If you're building the most important machine since the Manhattan Project, don't be surprised when the government decides it's a public good." -@npub1g0e…l966 We discuss: ⚡ The coming AI nationalization ⚡ The new choke point wars ⚡ Bitcoin's most bullish chart https://blossom.primal.net/3167b86d244f19c1cac8dd6a9e7b27adcc428f390cdd8ce78e1f6ebc06b1aaf9.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Michael Saylor calls BIP-110 "the latest outbreak of the 'I just heard about Bitcoin, and I’m here to fix it' syndrome." https://blossom.primal.net/0a5f2c1516a271e1a59093888819874d97a134cd72bca6b90720bd9bc47917f0.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC .(DavidBCollum) went on Twitter to crowdsource the truth about statins, and 495 out of 500 people said the same thing: "Your body has cholesterol for a reason. It's not something you want to drive to zero." "The side effects turn out to be excruciating lower limb pain, swelling, early onset dementia. People end up in wheelchairs within two years." "I did a poll, 62% major side effects." "Instead of trusting the 'experts,' trust people who've been through this." https://blossom.primal.net/7475a8aef52ca3ea6a2b917503ea4146a3fbf7e999e315e4afe7e46468930d1f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Kimi just dropped the model weights and technical report for K3, a 2.8 trillion parameter open-weight model with native vision and a 1M token context window. 2.5x the intelligence per unit of compute. Not just bigger. More efficient. They also open-sourced the infrastructure stack behind it: attention kernels, MoE communication library, and agent environment tooling. https://blossom.primal.net/a5d16dba6c81341cd94971637158992f93152637c81a0c560cc4db236c0bae2a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A man returning to the US through Atlanta gave border agents a PIN to his GrapheneOS phone. But it wasn't his real PIN, it was a duress code that wiped the device clean. Now the DOJ is charging him with destruction of property to prevent government seizure. CBP claims the authority to copy the entire contents of your phone into a central database without a warrant, on suspicion alone. They told this man they didn't need a warrant. They refused to let him speak to a lawyer. They didn't read him his Miranda rights. And when he used a privacy feature, one specifically designed for situations where you're being coerced into handing over access to your device, they charged him with a federal crime. The government wants full access to your digital life at the border, and it wants to criminalize any tool that makes that harder. GrapheneOS built the duress PIN for exactly this kind of scenario. The fact that using it could land you in federal prison tells you everything you need to know about where the lines are being drawn between privacy and compliance. This case is going to set precedent. If the DOJ wins, every privacy tool that allows you to protect your data under duress becomes a potential felony. That should concern everyone, regardless of what you think about this particular defendant. https://blossom.primal.net/1cd03e53382d82818d2b6af3079b98407a015ef10abc0f125b84e5792d672b86.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC GitHub asks @npub12rv…85vg to delete the Bitchat code after India moves to ban it. He refuses. https://blossom.primal.net/2929b10f4d8a44a3db6ba8a0ca3ff05fb87b68c594a96b7936e09ae612520ef1.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Real-time inflation tracking from Truflation has US CPI at 2.11% YoY. https://blossom.primal.net/6fea7f2a83d1d41423fb9c3b11f49ce54b60a13bbac81edb6e40e6022c517bb8.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy now holds 843,775 BTC and $3.75 billion in USD reserves while initiating buybacks of $STRC below $100/share. They repurchased 288,930 shares for $25M at an average of $86.52 and have $975M remaining for preferred buybacks. 2.1 years of dividend coverage secured. https://blossom.primal.net/ad7cde3f2c5a81e312031b9e8ad4ae447171414e02cae6341ada8285396a9867.jpg https://blossom.primal.net/fdff61dd91f67cfa6dd02d4d1269deae0ecf6750088a80cff7e15292553afacd.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A federal judge ordered Meta to explain under oath how four visa holders ended up on its May layoff list. Meta's HR director responded with a 13-page sworn declaration that reveals how the company actually makes termination decisions. Some of what came out: Meta has 7 performance tiers. "Met Most Expectations" is officially below expectations. One employee with "Consistently Met Expectations," the lowest passing rating, was cut anyway. Org chart depth was a criterion. Employees six levels below Zuckerberg could be flagged for elimination. Managers with fewer than 7 direct reports were targets when the average team ran 10. One plaintiff was terminated less than two weeks after returning from maternity leave. Meta's defense: "nearly 40% of Doe 26's team was selected for termination, demonstrating that Doe 26 was not singled out." Meta explicitly denied AI was used in the selection process and says its activity monitoring tool launched April 22, after selections were "already well underway." Termination notices went out May 20. The four visa holders face a 60-day window to find a new sponsor or leave the country. The 13-page declaration never mentions that clock or what happens when it runs out. The word Meta chose, under penalty of perjury, for the plaintiffs' leave histories: "coincidental." https://blossom.primal.net/efb47c475292209aef769c038ec9fa49cd5585900e4baa50a891389c76bcb1dc.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "The combined sum of it can be better than the top five most valuable company in the world. A trillion dollar organization with 40 years of history... and still the crack kid from Poland can beat them." - DHH https://blossom.primal.net/7301c33128e5256155b21054b5100a634ed1ebb3d6529a254af0de9fc21f53d9.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "I'm not in the market for a better product. I'm in the market for the product I already bought. I want the shitty thing I already have because I know all the ways it is broken." - DHH https://blossom.primal.net/0737f8f0f95df65accef876fab9acb6d8358e47603d441a76774a6a495037a44.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "If you have unlimited time, unlimited money, and unlimited people, you're going to build a blob." DHH on why constraints make great software and unlimited resources produce blobs. https://blossom.primal.net/e62950e694d568cb0c8c98c26372e6971f539f2919ca8244c704359acfd56d47.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Lummis: “90% of the spot market is overseas. 80% of the digital asset futures market is overseas.” “I don’t know if they understand how significant this would be if the CLARITY act failed and we allowed this industry… to grow overseas.” https://blossom.primal.net/bcd96ba8173c82ef6a359fa2528e036ad675f2939982405c7d18ca6e18d3df30.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Roughly 600 Claude AI conversations were just indexed by Google, exposed to anyone with a search engine, after users shared links publicly and Anthropic's crawl protections fell short. What was exposed? Crypto wallet keys, API credentials, legal strategy discussions, internal company documents with staff names and emails, and deeply personal conversations. All discoverable with a simple Google search. Anthropic says conversations are private by default and that indexing only happened because share links were posted publicly by users. They say they blocked crawlers and never submitted those directories to search engines. But technical analysis suggests interactions between their robots.txt rules and noindex signals reduced the effectiveness of those protections. Bottom line, there's a big difference between "sharing a link with someone" and having it show up in Google results. Results have largely been scrubbed as of today, suggesting Anthropic moved quickly. But removal from search doesn't mean the links are dead. Anyone who saved or bookmarked those URLs may still be able to access the conversations. This isn't unique to Claude. Similar issues have hit ChatGPT and other AI chatbots. The lesson is, treat every AI conversation as potentially public. Never paste private keys, passwords, or sensitive information into any AI chat, and if you use a share feature, assume anyone could eventually find it. https://blossom.primal.net/381d5645ee82dea2addb06c458308a6e5bdb974249de30571a8c605457e2059a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Goldman: equity volatility spikes ahead of every midterm election. The S&P 500 is a political instrument whether you want to admit it or not. https://blossom.primal.net/6d4f29a60d91a920066b4bab24afb59df1f9d90f5b1eb1848d872970cf4f1f53.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy is sitting on 843,775 bitcoin at a $75,653 average cost. Down about 15%. https://blossom.primal.net/918888543b4e85748ce0bd7f5fde3b4a039ffd426cf17c4043aa1d7fd3100520.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "You can't have a truly capitalist system if the most important tool used to coordinate economic activity is centrally controlled." @npub1guh…6hjy & @npub1ath…4k6d on why the income inequality blame is pointed at the wrong system, and why Bitcoin fixes it. https://blossom.primal.net/9eb4c1729c1273e448bf383265454adb06e975a1ef5c9ad13143265b6309174c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Bitcoin and the stock market are on a collision course. In 10-15 years, they'll cross, and everyone will have to choose between chasing fiat or going back to the castle." @npub1ath…4k6d breaks down Bitcoin's power trend vs exponential growth. https://blossom.primal.net/42eb267d7d0e4c1b7bda2b7afc0125f0b92a1cef258e60126f1d02ad3f73a9e3.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The CLARITY Act quietly included federal protection for self-custody, your bitcoin can't be deemed "abandoned" just because it's sitting on-chain. https://blossom.primal.net/372544433c18f17f739c3e9c8a8f47bc726e16605cdffdb487eaa5a0b89011f2.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Fed has quietly added ~$290 billion in Treasury bills to its balance sheet since December. That's the fastest T-bill accumulation since the COVID panic buying of 2020. https://blossom.primal.net/263c9192ee68ae0d5cac5f60bf95ef955a1dbd54f9d2851f0838b50e736fbca9.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Frieberg's Netscape/Apache analogy, if the internet had been locked behind proprietary gates, it never would have taken off. Open-source AI means value diffuses to a million businesses instead of two or three companies. https://blossom.primal.net/18565d63963757c6edc841d6597de97d70444a84020f80a503c798720832ccab.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic pirated 7 million books from LibGen to train Claude and maintains the right to train on all the world's output under fair use. But when Chinese companies look at their model's outputs, suddenly it's IP theft. Sacks: "They themselves never claimed it was IP theft because they know it would poison all of their fair use lawsuits." https://blossom.primal.net/1d6de5dae440185bb280ae27aef95367800851d980a3c2e0e5c91ad1ebde8acf.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "If you really care about distillation, you implement KYC." Chamath on Anthropic pushing the government to restrict open-source competitors. https://blossom.primal.net/8b29ca39064f33d76067d18000d316a4dfcdfcd4479c39188b185ec8b44f44ea.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC India ordered GitHub to remove BitChat repositories within three hours. The government's argument: the app's offline, decentralized Bluetooth messaging lets protesters communicate during internet shutdowns, making "lawful interception" difficult. BitChat downloads in India jumped 32x on July 19 after authorities began restricting internet access around the student-led protests in New Delhi. India now accounts for 85% of global downloads, with over 91,000 installs in five days and 330,000 daily active users. The Indian government isn't targeting specific illegal content. They're targeting the architecture itself, the fact that BitChat works without central servers and can't be shut off by flipping a switch. As the Internet Freedom Foundation pointed out, "deleting a repository does not delete the application from any phone that carries it, and the mesh keeps functioning without servers. What the takedown actually prevents is scrutiny of the underlying code." This is the Samourai Wallet playbook applied to communication. Prosecute the tool because you can't control the protocol. Open source, peer-to-peer, no servers. That's why they're scared of it. https://blossom.primal.net/446286e17fb1e1b34159c60d806bd4f6df3db208dd8d1f70cc57c09600798624.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Fidelity, with $7.1T in assets, urges the Senate to pass the Clarity Act for clear digital asset rules. https://blossom.primal.net/64c9d5af8a63f92e9768004663107cd2fe3322c364abbc312df239822f1e46c0.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "We don't live in a truly capitalist society when the most important tool in a capitalist society, money, is centralized." @npub1guh…6hjy on why Gen Z's anger is aimed at the wrong target. We don't have late-stage capitalism. We have socialism light. https://blossom.primal.net/ceb7939ee7cae7f08c6f9d258230a517e61230b3b59a2fe1ff5437c634b2b334.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Elon Musk announces that next month every line of code for the X platform will be open-sourced and third-party audited. “Only total transparency deserves trust.” https://blossom.primal.net/8fb8990ffe9042bc6d8e3d2f75fb219871fb8f24df1fca8bd068022c957f6d4c.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic releases Claude Opus 5, stating the model approaches Fable 5 performance at half the price. https://blossom.primal.net/24f946503abeca2048cebc4db0dcbb6d9f7ef7b212dd49c6e263d96dddd75cd5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "They created the perpetual future contract, never got hacked, never lost user funds, and may have saved Bitcoin from going to zero on March 12, 2020." BitMEX is shutting down September 23rd. @npub1guh…6hjy and (ODELLXYZ) pour one out. End of an era. https://blossom.primal.net/7896675f96c3246266f4d265854cac76b5039327aeac938a7e10d1ab9a6b2b8e.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Dave McCormick on FOX urges action on the Clarity Act: “The bottom line is it’s time to move… there’s been negotiations around ethics language… we need to get this to the floor and vote on it… I think this is the time to play offense.” https://blossom.primal.net/0520c2c44b8f5f24957aea9eea17df8eaca7568e5cea88f3b5788730ce711140.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC DeepSeek's founder leaked a 4-hour investor meeting and the strategy is almost comically simple: build the best model, open-source it, price APIs at cost recovery, and let others build the applications. Meanwhile Altman and Amodei preach openness and safety while racing to control the model, the interface, the enterprise deal, the consumer account, and the policy moat. One side is trying to own the entire intelligence supply chain before the window closes. The other is acting like the work matters more than winning every adjacent market today. Scarcity breeds efficiency. DeepSeek had limited chips so they engineered around it. American labs had unlimited capital so they spent around waste. Guess which approach compounds better. Low time preference wins again. Bitcoiners know this. https://blossom.primal.net/c5ab6eabb31abc93197483c07f025e8eaec0e0a3769f4f7f40a8d6233fc61c83.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen Huang published an open letter co-signed by Meta, Microsoft, IBM, Palantir, a16z, Y Combinator, and 20+ other companies arguing that open-weight AI models are essential to American competitiveness and security. Huang writes that "AI leadership will be judged not by one frontier AI model, but by whether the United States builds a strong, open ecosystem that diffuses into every sector." He argues open weights let "anyone download, inspect, modify, and run on their own infrastructure" and that "America wins the AI era by diffusing it into the workflows of factories, hospitals, farms, classrooms, and main street businesses." On safety, Huang makes the case that closed models are actually the risk: "Concentrating advanced AI capabilities behind a small number of closed models compounds that risk. It results in a small number of single points of failure, weakens competition, and leaves critical technology in the hands of a few providers." The letter calls on policymakers to avoid "premature restrictions on open models that stifle competition or drive innovation overseas." https://blossom.primal.net/4c2fc4c49fabe0e79cf5914dfe6dd4c23c87177c7b98f3cea2b4155c14ce9909.jpg https://blossom.primal.net/04f81a1c1cedd7caad79e21504bff87a97658e506a5861647d3787ae91b7fe1a.jpg https://blossom.primal.net/9990e22447a555d378dfbdf1481061e6faa07e745cdbf4652b2a3fa471b4b5ee.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Fraternal Order of Police, the largest law enforcement organization in the country with 382,000 members, now officially endorses the CLARITY Act, a complete reversal from two months ago when they "strongly opposed" the bill's developer safe harbor provision. The updated draft added a dedicated law enforcement section with increased funding for state and local crypto investigations, blockchain analytics tools, training programs for cops and prosecutors, a new "cyber center," and a requirement for stablecoin issuers to comply with lawful orders to freeze, seize, burn, or reissue tokens. The BRCA developer safe harbor reportedly survived intact. But the trade-off was handing law enforcement a funded surveillance upgrade that didn't exist before this bill. Worth watching what "blockchain analytics tools" and "cyber center" look like in practice. https://blossom.primal.net/d0272a1522953b1d748db0d4e772a6ee8f7903567f56c0a26863143d2e467a7c.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC France's 10-year yield just hit 4.01%. The highest since the Global Financial Crisis. https://blossom.primal.net/d24f770abdc5fcfb3fdb244d10e46f4c6cc53092c17852eaeb07f5928a089b4d.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Freedom tech is becoming American foreign policy. Matthew Boyer is now embedded in the (StateDept) through a new Freedom Tech Excellence Program, bringing encryption, open monetary networks, and privacy tools into the diplomatic toolkit. These are the tools that protect dissidents, journalists, and citizens under authoritarian regimes. The fact that they're being formally recognized at the State Department level is a massive shift. Freedom Tech DC summit in Washington, September 22-23. https://blossom.primal.net/4e6d874f05a5aaf78e3aacb73b064530ee17b724af582c616898176a244e75df.jpg https://blossom.primal.net/f74e1636a7b7c8ce582b7d073587c6fcd8dbe0a38d191d1c44d2f6a21c3ff8c0.png https://blossom.primal.net/a6186afe7774a0c2db32f965be32a028bf994804d499b3bbee52398d96dcac17.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The US and UK AI safety institutes just published a joint evaluation of Kimi K3's cyber capabilities, and Commerce Secretary Howard Lutnick is using it to declare American AI dominance. The assessment, conducted by the UK's AI Security Institute and the US Center for AI Standards and Innovation (CAISI) at NIST, tested Moonshot AI's Kimi K3 on exploit development and simulated network attacks. The findings: Kimi K3 scored 32% on Carnegie Mellon's ExploitBench, compared to leading US models which achieved arbitrary code execution on 20 out of 41 tasks. Kimi K3 achieved it on zero. On a 32-step simulated corporate network attack called "The Last Ones," Kimi K3 reached step 17 on average. The most capable US models reached step 28.5. In one of 10 attempts, Kimi K3 did complete the full attack path, meaning it can autonomously attack small, weakly defended systems when given initial access. Lutnick posted: "CAISI's latest report shows that Kimi K3 remains behind America's leading frontier AI models. The United States continues to lead in frontier AI because we're home to the greatest innovators and technologists the world has ever seen." Worth noting, Kimi K3 still outperforms GLM-5.2, the most cyber-capable open-weight model as of June 2026. And the NIST report is careful to note its evaluation was "preliminary" and based on a limited set of benchmarks. The gap is real, but the framing as a clean US victory leaves out that Kimi K3 was released just days ago and is set to go open-weight on July 27. https://blossom.primal.net/841b295b98d8a8db4cbd56abc17c05e487dff7e7c61e46fe37da7f19b480c13d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Elon Musk rejects "far right" label from reporter: "We should have secure borders, safe cities, and sensible spending. Which of those 3 are 'far right?'" He calls the media characterization "FALSE, MISLEADING, and NONSENSE." https://blossom.primal.net/6485561bbfe5dd4c6f086fa1af58dc0248f44b1feb462de6f1e8f9ebbc138ae7.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC White House Executive Director on CLARITY Act: "We are doing our best to answer every one of the issues that Democrats have raised in a good faith way..I'm trying to get creative to find solutions to achieve the objectives that they want." https://blossom.primal.net/15974b1da8bd31cf6ea18edb40675ba4e3c34da8035967cfd309055ff6d9f528.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Grayscale supports the CLARITY Act: "The CLARITY Act may soon clear the Senate if bipartisan negotiators can make progress on a few remaining issues." https://blossom.primal.net/d39e02244d6971ba733619b1354524f92b9e731a3deb5f366dd92ee97d4fada3.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Elon Musk tells interviewer he doesn't care about being loathed: "The fact that a quarter billion people follow me means a lot more people like me than don't." "I think a lot more people hate YOU and the MEDIA than you realize!" https://blossom.primal.net/888e4eaf6fe2e6b4b5a277c37a2749ad168daf37dfcb24a69b302cf70f1d2176.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Marc Andreessen: “This is the grand unification of AI and crypto. I think AI is the killer crypto app… It’s now obvious that AI agents are going to need money. It’s already happening.” https://blossom.primal.net/76919f782a0705c7e10979ad772b00f36722b9396c6b5270b73d578beb522e18.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bloomberg just published a detailed investigation into how Commerce Secretary Howard Lutnick and former White House digital assets adviser Bo Hines shaped the GENIUS Act in ways that directly benefited Tether. Before becoming Commerce Secretary, Lutnick was CEO of Cantor Fitzgerald, which manages Tether's reserves. Cantor acquired a 5% stake in Tether for $600M in April 2024. Tether's chairman called the price "bloody cheap." Based on Tether's reported profits, that stake was worth over $6B on paper. According to court filings citing contemporaneous notes, Tether's chairman said Lutnick "managed to kill every bill about stablecoins, crypto, etc." Once Trump took office, Hines took over, calling a three-year compliance grace period Tether wanted a "red line" for the White House. He prevailed. One month after the bill was signed, Tether hired Hines. Three months later, Tether loaned money to a trust benefiting Lutnick's children as they purchased his Cantor Fitzgerald holdings. The final law included what critics call the "reciprocity loophole" allowing USDT to be regulated by El Salvador instead of the US, and a "defi loophole" limiting issuers' responsibility for tracking tokens used on secondary markets. This is the kind of story that should remind people what stablecoins actually are. They're permissioned corporate tokens with kill switches, not permissionless money. The biggest beneficiaries of crypto legislation have never been bitcoin users. They've been the issuers sitting closest to the levers of power. https://blossom.primal.net/a4b3d1bb694ebeef883446291a237802842ea22ce8f299a229baa6ee03e3842e.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC President Trump: "We're leading China and every other country by a lot in AI and just about every other category, including crypto. We want to stay in front in crypto." https://blossom.primal.net/88cb783ca98261030db37b1c8c103b0e094bbc9ac8da51fbcc680c00d01232b3.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthony Scaramucci on the Clarity Act: "If it gets to the floor, it's going to pass. If it doesn't get to the floor, it dies a brutal death. Guys like Brian Armstrong... will start building business offshore of the U.S." https://blossom.primal.net/b1590b3326e8e2bddf0ff82f56e035fd256992ed8f7fc60a4f8f870fc9a3020f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Patrick McHenry says the CLARITY Act is "getting closer to the finish line" but questions remain in the Senate. https://blossom.primal.net/de4820bd4ea8bb4e221adaacf7b63e4eb6a291f5943482cc8e10fe5dbe6f414d.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Nine of the biggest names in institutional bitcoin just formed the Bitcoin Security Consortium and pledged a combined $15 million over three years to fund Bitcoin's long-term security, with post-quantum cryptography as the headline focus. The founding members include BlackRock, Strategy, Coinbase, Fidelity Digital Assets, Block, Blockstream, Galaxy, ARK Invest, and Anchorage Digital. The day-to-day work is coordinated by (bitschmidty), Executive Director of Brink, a nonprofit that funds Bitcoin open-source developers. The group explicitly says it doesn't develop or direct Bitcoin's protocol and takes no position on specific protocol changes. Instead it funds the developers and researchers already working on security and aims to be "a clear and reliable source of information" for investors and the public. From the consortium: "Our first focus is quantum computing. Large-scale quantum computers capable of threatening Bitcoin's cryptography don't exist today, and credible estimates place them years away. Preparing is a meaningful long-term priority, and one the community is already working on." Strategy CEO Phong Le: "As long-term holders, we have every incentive to see Bitcoin remain secure for generations." BlackRock's Robert Mitchnick: "Bitcoin Core developers do incredibly important work, and we're pleased that our firm and the others in this group will now be making significant additional funding available." Blockstream highlighted its post-quantum work on OP_CHECKSHRINCS, calling the consortium "a natural extension" of its open-source research mission. Bitcoin developers are already actively working on post-quantum proposals like BIP-360. The consortium says it plans to publish and maintain public material on Bitcoin's security in the coming months. https://blossom.primal.net/f747a8bf1eca66d6bf5103630dcf9acd84a33235f2be1f5d62a5643d0f982716.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC David Friedberg: The greatest lie of the 20th century was putting all your net worth in your home. "When you do that, then the only way to keep Americans wealthy and to keep the middle class stable is to keep the price of homes going up, because that’s the only asset." https://blossom.primal.net/4b37e77698082ef91d4e1082737e8800a94faf3d63d7d11e25b2374332b7fa00.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen: "It is made up that there's going to be a singularity. It's made up that we're living in a simulation. These are all made ups." https://blossom.primal.net/7e01ffd17f932167483433364694e848b9736bef7e29764e16f96d9b8ccd4b3b.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen on the Kimi selloff: "Free AI should be great for hardware. Free AI should be great for chips. Free AI should be great for data centers. The market just got it wrong. They got it wrong with DeepSeek, this is exactly the same thing." https://blossom.primal.net/7b827e6daa9371c0c74825e6674dc2a4aa1133c1c33c9b9546bd0fbb60358d52.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Asked when the AI bubble will pop, Jensen says: "The bubble will come someday. It's just not today. It's very unlikely in the next five years." Then explains why physical constraints on building actually protect against overinvestment. https://blossom.primal.net/bd783af155bc2be5bb34a41ae437f7dcdaee879a4a08dbf19326615a23b6fc3d.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen on OpenAI & Anthropic: "These two companies will be the most successful IPOs in human history. How is it possible that two companies that are only a few years old are worth $1 trillion?" https://blossom.primal.net/541fbe7f403a4d969bf399f9ee54f0e8900706a0866a23b1ceee27f25e17e9ac.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen Huang: "The fact that AI is going to be the end of humanity, it's complete nonsense. The fact that it's going to destroy half of American jobs, complete nonsense. All of the evidence points exactly to the opposite." https://blossom.primal.net/0ec32bb525c94b29fdc537150a46a2a472e1e5b7609bc70a3f93a5e967033b4e.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC David Friedberg: AI job-theft narrative is "bullshit." "I don't say it's bullshit to dismiss people's anxiety. I say it's bullshit to be truthful about the facts... Since 1963, mathematician, statistician, and accounting jobs all went up." https://blossom.primal.net/0bd0072b2186ab136ef6937d12505edd8531dc31f8af5dd4f9c798cdb4fd0ad8.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Travis Kalanick on the surprising hurdles of physical automation: "The hardest thing we do on food is actually put a bowl in a paper bag. Paper bags are not as standardized as you think... it's hard." https://blossom.primal.net/ecdada78e76bc0091d52946f0bbd375d302ddf2ef3a95747abcae3a16907693d.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Japanese Yen just hit its weakest level against the dollar in 40 years. https://blossom.primal.net/60fbcce679f2a0f88f62eea0eb8c636f6f317b5fc7291c24a6a7cdde02ffdb47.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tucker Carlson name-drops $GME in his latest "Energy Crisis" video, citing it as an example of stock market manipulation. https://blossom.primal.net/4344778e5591a568f05816868f02639a9b4ef93d877d5570a655e3149c0d9b60.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Kimi K3 just discovered a 0day in the latest Redis server and exploited it in 27 minutes using 32 agents. Then it found a zero-click arbitrary command execution in Telegram Desktop and iOS. AI models are now autonomously finding and exploiting vulnerabilities in critical infrastructure faster than human security teams can patch them. https://blossom.primal.net/a8fc44c2f0daf7bd06791aee79fe169ed63c70d5ab7a291d91f71f5de5a82cbf.jpg https://blossom.primal.net/394357d9eb7e33e8469e3a391c33110e227ca4d910cb932a56fe92b31fbaa724.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC You can't have capitalism when the money is corrupted. We don't live in a truly capitalist society when money, the most important tool for coordinating capitalistic activity, is centrally managed. The price of credit is a policy variable, the federal government borrows trillions without an immediate market test, and systemically connected firms expect rescue when their bets go bad. Your local contractor can't summon the Federal Reserve when a project fails. But Treasury, banks, and the largest financial institutions operate under completely different expectations. Once everyone knows the backstop exists, behavior changes before a rescue ever arrives. Politicians spend more because the cost is hidden in another debt auction. Banks take more risk because a big enough failure becomes a public problem. Asset owners benefit first when new liquidity hits financial markets. Wage earners and savers meet the consequences later through inflation, higher asset prices, and the erosion of purchasing power. Gen Z inherited this system. They didn't grow up watching losses clear and bad firms disappear. They grew up watching asset prices levitate after each crisis while the cost of basic life moved further out of reach. Then we told them capitalism was responsible. They were given socialism-light, told it was capitalism, and asked to defend it. The answer is to restore the constraint that makes capitalism honest: bad investments must fail, and no institution can possess a permanent claim on someone else's purchasing power. Bitcoin is money the state cannot issue and collateral the central bank cannot dilute. Don't wait for Washington to restore capitalism. Exit the politically managed credit system one balance sheet decision at a time. https://blossom.primal.net/bb97bdc557da3b4aa71daadb302762b2821de9a38b776318a162ebbbb44bfc1c.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "The US has structural fiscal deficits locked in by demographics and political polarization. The Fed has limited tools here. The reason hawkish monetary policy worked in the 70s is because debt to GDP was 35%. Now it's over 100%." - @npub1a2c…w83a https://blossom.primal.net/21b37a949315d8a859d82b506c45ada4fd8f791de398619566867356f6308a53.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "My estimate is that we're in the bottom decile of the market cycle. The AI trade has sucked a lot of the oxygen out of the room for many other assets, including likely Bitcoin." - @npub1a2c…w83a https://blossom.primal.net/16b065708e199d459b67be4f353a4cd6e05d4475e3f09c9aa0963fda24652e44.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bloomberg Intelligence gives the CLARITY Act a 60% chance of passing, calling it “at the one-yard line” after positive comments from Treasury Secretary Scott Bessent. https://blossom.primal.net/3de966b4cdf7cbef65e2f6ae982330a79767370fd4e563ec3d6c0f8c357f5019.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Capital gains tax should be 40%, not 15%. Labor should pay less. Capital should pay more. That would be a fair tax policy." - david friedberg https://blossom.primal.net/381e76ae70e80a5e05cfdae260677a59fbb3b29601236fbf48d3e7d7ce256b4b.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "The key metric for America should be to convert 2% of Americans from labor to capital each year. If that would be the KPI for the next 250 years, we would crush it." - david friedberg https://blossom.primal.net/3015b09aa75299a9266aba8aac66b71af2aaace87a1c28747cefc420de505106.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "If you had put all the extra money in Social Security since 1982 into the S&P 500, the trust fund would have an extra $37 trillion today." david friedberg on the policy failure that left the bottom 50% behind. https://blossom.primal.net/33026b07ab5389ec978318d230e59ff40a506dbb961f46a7037dec2e7219e852.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Foreign adversaries, Marxists, national security hawks, effective altruists, and frontier labs angling for regulatory capture. All rowing in the same direction on restricting AI. I don't even think they're working together." - Conner Brown https://blossom.primal.net/c05758d63e507bb069ab96afb33a15ac6a65ff58718d1a017a0d5dbd4bef104c.mp4