Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.
Public Key
npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw Profile Code
nprofile1qqsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavuspzfmhxue69uhhqatjwpkx2urpvuhx2uc5rm3v8
Show more details
Published at
2026-03-24T02:35:49Z Event JSON
{
"id": "96736dee49a157f069d975f325f30cc9cc71ebda37fb2d508ecbd31816ff3120" ,
"pubkey": "85bdb5875e113dcc99498b474636449882ee15a1c78154ab07c065b47339d672" ,
"created_at": 1774319749 ,
"kind": 0 ,
"tags": [
[
"client",
"Primal Web"
]
],
"content": "{\"name\":\"TFTC\",\"about\":\"Truth for the Commoner. A media company focused on #Bitcoin, freedom, and truth in the digital age.\",\"lud16\":\"[email protected] \",\"nip05\":\"[email protected] \",\"picture\":\"https://blossom.primal.net/f6821fad54d1cf8c0b4ce059fd59dec725c9b7fb34bd82f0bdc82fbb3d68bef7.jpg\",\"display_name\":\"TFTC\",\"website\":\"https://tftc.io\",\"banner\":\"https://blossom.primal.net/e41b08f8d5f74d313a07a07653e313cd1e6b285b9ff83e632b938a3b80c0980a.jpg\",\"displayName\":\"TFTC\"}" ,
"sig": "adf778bfad196bda437e945868d8d02f34f6aafcce67d84c965f7b0d08a544ea72555cdb5e6339c6dfed8346c0baed6a42b1960d971725b33a159ff291212fc1"
}
Last Notes npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Freedom AI 101 at the Oslo Freedom Forum. Mark Suman of (TryMapleAI) on stage. https://blossom.primal.net/4bae729ac57d4129317270811a8cfbcacc7548965710b2ab8e6f15a6152220ae.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bernie Sanders responds to Jeff Bezos: "What they are saying is you raise my taxes in California, I'm leaving the state. I'm gonna shut down my company and you're gonna be unemployed." "That's not a debate. That is my power over you. That is extortion. That is blackmail. Heads I win, tails you lose." https://blossom.primal.net/7746be83fdac35667c5cc5d16db2c278ec3bea90903881bf1a3f6440e9b8b023.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bill Gurley on Anthropic: "I would encourage people to read as much as they can about Anthropic. I don't think they think they're writing software. I think they're midwifing a deity." Jason Calacanis: "They believe they're so powerful that they can create God." https://blossom.primal.net/651f23f88de48e961a1869f91f309769ba710cb585b256dcf0ca5cca3e158209.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The AI bubble is going to pop any day now. The AI bubble: https://blossom.primal.net/98c434cb04de4c3798233dd294aa14472b460eda65312f2a73934c7a34ee6bed.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A provision buried in the House's draft 2027 NDAA would significantly expand US-Israeli military integration. Section 224 calls for bilateral R&D, co-production, joint ventures, and "data fusion" across AI, autonomous systems, cyber, quantum, and biotech. The shift moves the relationship from visible annual aid votes into defense acquisition channels with less public oversight. It would also expand Israeli defense co-production facilities on US soil, tying Congressional districts to Israeli defense contracts. Only 16% of Americans support supplying Israel with weapons without new restrictions. 38% want to stop entirely. The provision was introduced with no public debate. The bill is not yet law. https://blossom.primal.net/da9fd42964ee09ef7cf14ada582beb3308ce2a08842dc50ad34bd74968096130.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Treasury Secretary Scott Bessent says the government has seized about $1 billion in Iranian cryptocurrency. "Just outright grabbed the wallets. Some of them may be typing in right now and might not realize their wallet had been grabbed." https://blossom.primal.net/bacd11b7db8e445b2f0ca4e489c55413ea26c4785967bbc6a21f85458f79d61f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Peter Thiel has temporarily relocated his family to Argentina, purchased a $12 million mansion in one of Buenos Aires' most exclusive neighborhoods, and enrolled his children in local schools. President Milei has reportedly explored offering him citizenship. People familiar with his thinking say the move is partly driven by concerns about the direction of the United States. The timing is notable. JD Vance is vice president. David Sacks just served as Trump's AI czar. Palantir pulled in $687 million in government contracts in Q1 2026 alone. Anduril signed a $20 billion Army deal in March. Thiel's political network has never had more influence in Washington. Yet he's hedging. The immediate catalyst appears to be California's upcoming ballot initiative proposing a one-time 5% wealth tax on billionaires. For Thiel, that could mean roughly $1.2 to $1.4 billion. He left the state in late 2025 before it took effect. But his interest in Argentina also aligns with an ideological affinity for Milei's libertarian experiment. This is not his first exit plan. He obtained New Zealand citizenship in 2011 and reportedly pursued a Maltese passport. He still splits time between the US and Argentina, and over 99% of his assets remain stateside. The Buenos Aires property is his only known Argentine investment. But Thiel has a track record of hedging early. When someone with that level of access to power starts diversifying where his family lives, it is worth paying attention. https://blossom.primal.net/ae0be83f77236e3b9061811017989adf0de3bc193e918e3087a8f4475abcb6a4.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC NEWSMAX: “We've got almost 500,000 Americans living with a rare tick borne illness that makes people allergic to meat, but not the lab grown meat that Bill Gates has invested.” “Maybe this is not a coincidence after all?” https://blossom.primal.net/ca9585342d803fb08fe46bbebc222a4b4280f11ad981c685ca715ad4679327f7.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC "Tokenisation does not change the underlying legal nature of money." The BIS has concluded Project Agora, a prototype for a shared programmable platform that settles wholesale cross-border payments in seconds using tokenized central bank reserves. Seven central banks participated: the Federal Reserve Bank of New York, Bank of England, Bank of Japan, European Central Bank, Bank of Canada, Bank of Korea, and Swiss National Bank. Over 40 private sector firms were involved, including JPMorgan, HSBC, Deutsche Bank, Mastercard, Visa, Swift, UBS, and Citi. The prototype demonstrated atomic settlement across all seven jurisdictions, meaning either all parts of a cross-border payment execute or none do. The system uses a two-layer architecture: jurisdiction-specific ledgers for tokenized central bank reserves and a shared unifying ledger for tokenized commercial bank deposits. The platform embeds AML, sanctions screening, and fraud detection directly into transactions via smart contracts, running compliance checks in parallel rather than sequentially. It operates 24/7. https://blossom.primal.net/32a21ade97a740825948a80ebf2ad592104d34ea6663ea4e258b1ea67060ec7d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen Huang is in Taiwan ahead of his COMPUTEX keynote on June 1. He sat down with TSMC Chairman C.C. Wei for dinner, calling the relationship existential. "Without TSMC and Morris Chang, Nvidia wouldn't be here today," Huang said. Nvidia is building a new Taiwan headquarters, hiring aggressively, and Huang says the company spends "hundreds of billions of dollars in AI infrastructure, and most of our spend is in Taiwan." This comes weeks after Huang joined the delegation of US executives who traveled to China with President Trump. In a CNA interview on May 25, Huang said it would be "not wise" to have two separate AI ecosystems and admitted Nvidia has "largely conceded" China's AI chip market to Huawei. US export controls created a vacuum that Chinese companies filled, and Huawei and Chinese AI startups had "record years" as a result. The US Commerce Department has approved roughly 10 Chinese firms to purchase Nvidia's H200 chips, but not a single delivery has been made. Chip export controls were reportedly not part of the Trump-China trade discussions. Huang is threading a needle between Washington and Beijing while deepening his anchor in Taiwan. He's publicly aligning with Trump's China engagement while arguing the export controls handed an entire market to America's chief competitor. He's doubling down on TSMC at a moment when Taiwan's strategic importance has never been higher and warning that rising memory prices represent "a very important form of inflation." https://blossom.primal.net/4af5d239659feeea30b97380f7de3dccc0a5dca1ebf20df5c817921796ef8940.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A man in Vancouver was "certified insane" on a sidewalk with no evaluation. A psychiatrist saw him in a cafe weeks earlier and signed the paperwork from across the room. No exam. No hearing. No judge. When police came to collect him, he was calm, cooperative, and asked to attend an appointment voluntarily. They took him to a hospital anyway. Days earlier he'd been at a school board meeting warning about authoritarian federal laws. Shortly after, he was certified and picked up off a street. This is the same country that froze trucker convoy donors' bank accounts without court orders. The same country building laws to define what you can say, record everything you do online, and cut your internet if they consider you a threat. It's always framed as safety. The architecture is always control. Self-custodial money exists for exactly this reason. https://blossom.primal.net/cbaa400189d9137dccf5659be1f0b209b8b53d886c3618a95a3b9589f0c52681.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC https://blossom.primal.net/0a5cfa2f033cbcbcf734260fe6245f642db18557a6d598733fa1f535d95dfc63.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC HHS Secretary Robert F. Kennedy Jr. sent a letter to the House Energy and Commerce Committee urging reauthorization of the Kay Hagan Tick Act. The letter, dated May 21 and addressed to Chairman Brett Guthrie, confirms that HHS supports H.R. 4348, a bill to reauthorize the Kay Hagan Tick Act for another five years. The original law was first signed by President Trump in 2019 and established the National Public Health Strategy to Prevent and Control Vector-Borne Diseases. Kennedy writes that Lyme disease is the most common vector-borne disease in the United States, with an estimated 476,000 Americans diagnosed and treated annually. He notes that the disease "affects nearly every body system, producing wide-ranging symptoms that frequently overlap with other infections and autoimmune conditions," leading to frequent misdiagnosis or delayed care. Current diagnostics still cannot reliably detect all stages of Lyme disease, and many patients continue to experience persistent symptoms even after antibiotic treatment. The bill would reauthorize Regional Centers of Excellence in Vector-Borne Disease for five years and renew CDC grants to state health departments for data collection, early detection, improved treatment, and public awareness. Kennedy adds that HHS would also support additional reporting metrics and accountability measures to ensure the programs are accomplishing their primary goals. HHS hosted a roundtable on December 15, 2025 that brought together Lyme disease patients, clinicians, and researchers to discuss diagnostics and clinical needs. The letter comes during a particularly bad tick season. Johns Hopkins hosted a media briefing on May 5 warning about the growing threat of tick-borne diseases, including Lyme and alpha-gal syndrome. In 2024, what is believed to be the first fatal case of alpha-gal syndrome in the United States was reported in New Jersey. Scientists are warning that warmer winters and expanding tick habitats are accelerating the spread of these diseases into regions that previously had little exposure. Kennedy has been one of the most vocal public figures on Lyme disease for years, making this an area where his personal advocacy and his role as HHS Secretary directly intersect. https://blossom.primal.net/7f0fe545bd0b1afb1cc50d96829ea49e67c770dcb3c1a6fc3b985199daec5892.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The American Reserve Modernization Act (ARMA) would authorize the U.S. Treasury to acquire up to 200,000 bitcoin per year for five years, targeting a reserve of 1 million BTC. The bill was introduced Wednesday by Rep. Nick Begich with 16 original cosponsors. It is a rebranding and expansion of the original BITCOIN Act co-introduced last year by Begich and Senator Cynthia Lummis. It would codify Trump's March 2025 executive order establishing a Strategic Bitcoin Reserve into permanent law that cannot be reversed by a future president. The bill classifies bitcoin as a "Tier 1" strategic reserve asset, putting it on the same legal footing as gold. A separate digital asset stockpile would hold other federally owned crypto. All acquisitions must be budget-neutral. The funding mechanism is revaluing Federal Reserve gold certificates from their current statutory price of $42.22 per ounce, set in 1973, to current market prices. That gap generates hundreds of billions in accounting gains without new taxpayer debt. The bill also ends the practice of auctioning off seized bitcoin. All future seizures would be transferred directly to the Strategic Reserve instead of being liquidated by the U.S. Marshals Service. Existing government holdings would be consolidated into a single audited ledger. Bitcoin in the reserve would be held for a minimum of 20 years. The bill establishes federal custody standards including geographic distribution of private keys across air-gapped facilities, multi-signature governance requiring authorization from the Treasury, the Fed, and an independent third agency, and investment in "quantum-resistant cryptographic upgrades." Rep. Pat Harrigan, one of the cosponsors, said "The United States government already holds billions in seized bitcoin with no coherent strategy for managing it, and that needs to change." https://blossom.primal.net/91303c7da79b738bdd0f79b7ca70a5574baf44657ca4aef90aa0501952c764e5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC We're doing another @npub1tke…wral giveaway! A built-in screen. No seed phrase. 2-of-3 multisig. Follow @npub1tke…wral and us, RT to enter. ✅ Winner announced Tuesday 5/26 at 4PM EST. https://blossom.primal.net/cfa582f2161512ec3ef6c3537e8ade3b62ec62b84a0f4a7f86ab9bb6dc504432.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 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." https://blossom.primal.net/3501e3885dd3a09ec4a4fc93db71fe1c4b1c77fc4e12f53610d67ab8854fbfbb.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The CLARITY Act nearly died Thursday morning. Negotiations between Republicans and Democrats collapsed Wednesday night after talks stalled over changes to the BRCA, which protects noncustodial software developers from money transmitter prosecution. Thursday morning, the five pro-crypto Democrats met in Warner's office to strategize. "Members were still hashing it out as late as 10:29 a.m." The hearing started at 10:30. The deal came together in the ante room right after Warren's opening statement. Senators Tillis, Lummis, Alsobrooks, and Gallego struck a last-minute compromise while GOP aides handwrote draft amendments and rushed printed materials to members in real time. One staffer called it "chaotic and unprecedented." The compromise removed BRCA-referencing language from Section 301, which DeFi advocates say could weaken developer protections. Other revisions authorized banks to engage in digital asset activities, banned insider trading on ancillary assets, and preserved state consumer protection laws. The bill passed 15-9. Both Democratic yes votes made clear their support doesn't carry to the floor. Gallego: "My vote here does not guarantee a vote on the floor." The bill now gets merged with the Senate Agriculture Committee text before a full Senate vote. https://blossom.primal.net/a025d0ebe6e517f7365ca1bec4cfd39f2f40520c2c0a5f512f587a5127ab7384.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Trump responding to Xi calling the US a "declining nation": "He was referring to the tremendous damage we suffered during the four years of Sleepy Joe Biden. But now, the United States is the hottest nation anywhere in the world." https://blossom.primal.net/c5aa450ff0772a460fa143b15ea10e5f91aec3cec6433fa0341c79860a6d0fa9.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Last-minute negotiations between Banking Committee Republicans and Democrats this morning led to a compromise that removed language from the Blockchain Regulatory Certainty Act (BRCA) in Section 301 of the CLARITY Act. This is significant. The BRCA was the provision that explicitly protected noncustodial software developers from being classified as money transmitters. It was the direct response to the Tornado Cash and Samourai Wallet prosecutions, the carve-out that Senators Grassley and Lummis negotiated to shield good-faith developers while preserving prosecutors' ability to go after those who knowingly facilitate crime. That language has now been stripped to secure bipartisan votes. DeFi advocates are already raising alarms, saying the move could gut critical protections for software developers as the bill moves to the full Senate. Despite the concession, Senator Mark Warner (D-VA) still did not vote to advance the bill, even after positively referencing the changes during the markup. Senator Bernie Moreno said during the hearing that there's "still work to be done on Section 301," signaling that negotiations on developer protections will continue as the Banking Committee and Agriculture Committee merge their texts ahead of a floor vote. The bill passed committee 15-9. But the developer protection language that made this bill matter to the people actually building in Bitcoin just got traded away for votes that didn't even materialize. https://blossom.primal.net/7fa1ab0c7e38a5cd86a4bca72b6421c329d88fbc7521c3523353fdc4bf998124.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A Bitcoin holder (cprkrn) just used Claude to recover access to a wallet he'd been locked out of for over 11 years. He bought the bitcoin around 2014 when it was roughly $250 each. At some point he got stoned and changed his password, then could never get back in. He tried what he describes as "7 trillion passwords" over the years. Nothing worked. A few weeks ago he found an old mnemonic from before he changed the password. He thought he was still out of luck because the wallet file had been updated with the new password. As a last resort, he dumped his entire old college computer's files into Claude. Claude found an older version of the wallet file buried in the data. The original mnemonic successfully decrypted it. Claude identified a bug in how the wallet software concatenated the shared key and password, ran btcrecover with the correct algorithm, extracted the private keys, and converted them to WIF format. The address (14VJySbsKraEJbtwk9ivnr1fXs6QuofuE6) received a total of 16.95 BTC over its lifetime. At today's prices, that is worth over $1.7 million. The wallet has since been emptied, meaning he likely moved the funds to a new wallet he controls. He paid around $250 per coin. He recovered them at over ~$80,000 per coin. An AI model did in one session what 11 years of manual attempts could not. https://blossom.primal.net/4df09bf48472eb0c69829fef6766f7ac4e231f302bddd1d539d27d3b4d47e4e1.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Fraternal Order of Police, the American Bankers Association, former Utah AG Sean Reyes, and Senator Elizabeth Warren are all coordinating to kill Section 604 of the CLARITY Act before Thursday's Senate Banking Committee vote. Section 604 is one provision: if you build open-source software and don't have unilateral control over users' funds, you are not a money transmitter. That's it. Prosecutors can still go after money launderers, drug traffickers, and terror financiers. Chain analysis, block explorers, and subpoenas still work. Nothing changes for law enforcement except the ability to prosecute developers for what their users do, which is the same theory that put the Samourai Wallet developers behind bars. The FOP sent a letter claiming the provision would "strip prosecutors of the statutes used to track and take down criminals using digital assets." Reyes published an op-ed demanding BSA compliance for all crypto "platforms" without ever defining "platform." The ABA sent a letter to bank CEOs urging "immediate engagement" to fight the bill's stablecoin provisions. Over 100 amendments have been filed, including Warren's 40+ proposals and Senator Jack Reed's amendment to ban crypto as legal tender entirely. None of them will answer the obvious question: Is a car manufacturer liable when a drunk driver kills someone? Is a hammer company liable when someone uses their product as a weapon? The principle that tool makers are not liable for what users do with their tools is foundational to free society. It's why we have an open internet. It's why Linux exists. The real tell is the BSA itself. Law enforcement intercepts roughly 0.1% of global money laundering flows through KYC/AML compliance. The system was never designed to stop criminals. It was designed to build a surveillance infrastructure that monitors everyone while mandating the creation of honeypots containing your most sensitive financial data in a world where AI models are finding zero-day vulnerabilities at an exponentially growing clip. Code is speech. The Senate Banking Committee votes Thursday. Call your senator. https://blossom.primal.net/af4c31a7964a5049e7871098efb0a40d865e3e0e14fe574cb44bb72b9da0a259.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinbase CEO Brian Armstrong is on Capitol Hill this week lobbying senators ahead of Thursday's Senate Banking Committee vote on the CLARITY Act. He was seen at the office of Senator Catherine Cortez Masto, a key Democratic negotiator on the bill. Armstrong is also scheduled to address Republican senators on Wednesday. https://blossom.primal.net/c051910de807e394fd05e5349638543c995dff9f261db081b9e022453db90195.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The 7 companies selling picks and shovels into the AI buildout are up 107% this year. The 5 companies actually buying them are up 4%. That 180% spread is the widest gap between infrastructure sellers and buyers in market history. Wider than dot-com. And it tells you exactly where the money is flowing. Coatue's May 2026 Public Markets Update breaks it down: NVIDIA, Broadcom, Micron, TSMC, SK Hynix, and GE Vernova are printing money selling scarce inputs. Amazon, Google, Meta, Microsoft, and Oracle are spending $680 billion in capex this year just to keep up. Semiconductor free cash flow: $525 billion. Coatue projects $12 trillion in cumulative AI capex from 2026 to 2031. But here's what most people are missing: Coatue studied 30 market bubbles across 400 years and says AI is still in the displacement phase. Not euphoria. Not a bubble. The Nasdaq peaked at 90x earnings in 2000. Today it trades at 28x, backed by actual profits. The dot-com era had 500+ IPOs a year. Today: fewer than 60. The next phase isn't better chatbots. It's autonomous agents that execute tasks, manage workflows, and transact independently. Coatue calls this the token economy, where AI workloads are measured and monetized per computation. That's the unlock that turns the adoption curve vertical. The infrastructure is being built right now. The speculation hasn't even started. https://blossom.primal.net/2ab0154325239e30d815bda851f758ded3cc986d61fa19a4e8cb2d0d04c3ef69.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Buried on page 230 of the CLARITY Act is arguably the biggest win for the digital asset industry in the entire 309-page bill. Section 604: The Blockchain Regulatory Certainty Act. If you build open-source blockchain software and don't have unilateral control over users' funds, you are not a money transmitter. Not under FinCEN rules. Not under federal criminal law. Not under state registration requirements. Writing code ≠ money transmission. Building self-custody tools ≠ money transmission. Running node infrastructure ≠ money transmission. For years, developers have operated under the threat that publishing code could expose them to money transmission charges. Section 604 eliminates that ambiguity entirely. It establishes a clear, codified legal protection for the people who actually build the open-source infrastructure this industry runs on. Senate Banking markup is Thursday. Read the bill. https://blossom.primal.net/d4ec92726795578345abbd0b4f156a970e584060c9554a9a5d1e5a681a8028d3.jpg https://blossom.primal.net/28a4199cf1f76e57fe43d68fa50c3f97e009b2e7c8faa35573bb25f56a2e8c16.jpg https://blossom.primal.net/a653cee7925401aea8441df86a18657b300b5b80939ec468165adfc2e8a8e267.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Hayek knew. Money has to leave government control. https://blossom.primal.net/5ba3ee6c9254b79251ad2636233bd6159ac2145fc99d97e4ef438a1cb8f01243.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Today, May 11, 2026, the statute of limitations expires for indicting Anthony Fauci for lying under oath about gain-of-function research. On May 11, 2021, Fauci testified before the Senate that the NIH "categorically" did not fund gain-of-function research involving bat coronaviruses in Wuhan. Senator Rand Paul filed a criminal referral to the DOJ, re-referred it in July 2025, and spent the last week publicly counting down the days until today's deadline. The federal statute of limitations for making false statements to Congress is five years. That clock runs out today. The DOJ under the Biden administration took no action on the referral. The DOJ under the Trump administration, despite having months to act, has not indicted either. Since Fauci's testimony, internal NIH documents and emails have shown that the agency was aware the research it funded at the Wuhan Institute of Virology met the definition of gain-of-function under its own policies. A House select subcommittee concluded that the pandemic was "most likely the result of a research-related incident" in Wuhan. Fauci himself acknowledged in closed-door testimony that the lab leak hypothesis was not a conspiracy theory. None of it mattered. Five years of evidence, congressional hearings, criminal referrals, and public pressure, and the clock simply ran out. No charges. No indictment. No accountability. (SenRandPaul) posted today: "Today, the statute of limitations expires on the possibility of indicting Anthony Fauci for denying under oath that he funded gain-of-function research involving bat coronaviruses in Wuhan, the origin city of the pandemic." https://blossom.primal.net/48f64cf3dbd1719cfb32736089f5c248c479c0bc6fd64f59c4131e41c1973b56.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The American Bankers Association just sent a letter to bank CEOs across the country calling for "immediate engagement" on stablecoin yield policy. The banking lobby's top priority right now is making sure Congress blocks stablecoins from paying interest to holders. The letter went out ahead of Thursday's Senate Banking Committee markup of the CLARITY Act, a landmark crypto market structure bill. ABA president Rob Nichols wrote: "We believe committee members may not be fully aware of the risks to the economy by the stablecoin loophole." He urged bank executives and their employees to contact senators immediately. A coalition of banking trade groups, including the ABA, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, Independent Community Bankers of America, and National Bankers Association, sent a joint letter to Chairman Tim Scott and Ranking Member Elizabeth Warren arguing that yield-bearing stablecoins would cause "deposit flight" and could "reduce consumer, small business, and agricultural lending by one-fifth or more." The average savings account in the United States pays 0.38% interest according to the FDIC. Stablecoin yields on major platforms currently range from 4% to 8%. The banking industry is not asking Congress to raise the rates they pay depositors to compete. They are asking Congress to make it illegal for anyone else to offer a better deal. The White House Council of Economic Advisers released an analysis in April suggesting stablecoin adoption would not damage the banking system. The ABA responded with its own study arguing the administration was "analyzing the wrong scenario" and that if stablecoins were allowed to pay yield, the market could scale from roughly $300 billion today to $2 trillion, putting significant pressure on bank funding. Senator Bernie Moreno responded to the lobbying push by posting: "The banking cartel is in full panic mode." This is not a debate about financial stability. Banks are not warning that the system will break. They are warning that customers will leave. The banking industry has operated for decades in an environment where most Americans had no realistic alternative to a savings account paying a fraction of a percent. Stablecoins represent the first credible threat to that arrangement, and the response is not to compete on rates but to lobby Congress to eliminate the competition. https://blossom.primal.net/c37a0bab5576c0982a857227e71515c1a7cf71b9b1ed095d24bf00cd72cc6321.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Germany's Left Party has submitted what's being described as one of the most aggressive anti-Bitcoin proposals in European history. The motion calls on the German government to abolish the country's 1-year holding rule that currently allows tax-free Bitcoin gains for long-term holders, tax Bitcoin profits like stock market gains, introduce an "exit tax" on unrealized crypto gains for anyone leaving Germany, expand blockchain surveillance, require identity verification even for self-hosted wallets interacting with regulated services, create a centralized EU crypto supervisory authority, and push for EU-wide trading bans on proof-of-work assets like Bitcoin, citing energy consumption. This isn't just the Left Party. German Finance Minister Lars Klingbeil has separately announced that crypto taxation will be revised as part of the 2027 federal budget. The 1-year tax-free holding period that made Germany one of the most attractive countries for long-term Bitcoin holders appears to be on the way out regardless of which proposal moves forward. The Left Party claims billions in untaxed crypto profits are being lost. Austria already tried this. They abolished a similar exemption in 2022 and imposed a 27.5% crypto gains tax. The result: far less tax revenue than expected, more complexity, and more bureaucracy. Bitpanda's CEO says the Austrian experience proves the approach doesn't work. The exit tax on unrealized gains is the most alarming part. If you hold Bitcoin in Germany and decide to leave, they want to tax gains you haven't even realized yet. That's not a tax on income. That's a claim on your property for trying to leave. https://blossom.primal.net/d25506c4bd13a41d608b2c34c1b5cc46098fb3e2be4e9e2773af2554fd3cf0e1.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 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." https://blossom.primal.net/6dfa977ac2ae5c9883edf22b3be74a96db873a12ad1d6537b39403da48d9bff1.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 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 https://blossom.primal.net/475214ce934d123cbbe743566509a057e48731f8f9d8f73279209764f1879db3.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Coinbase just laid off 14% of its workforce. The memo is a masterclass in dressing up bad news as a strategic pivot. Brian Armstrong cut 700 jobs and pinned a memo to his timeline talking about "rebuilding Coinbase as an intelligence, with humans around the edge aligning it." The plan: flatten to 5 layers max below the C-suite, run "one-person teams" supported by AI agent fleets. Shares gained on the news. AI is doing a lot of heavy lifting in that memo. The real tell is in paragraph 2: "we're currently in a down market." That's the actual story. DeFi, Web3, tokenization, prediction markets on-chain, the narratives Coinbase bet on besides Bitcoin haven't found product-market fit at scale. Trading volumes are down. The altcoin casino is quieter. When your revenue is still overwhelmingly tied to trading fees and the market is soft, you don't need 4,700 people. Armstrong is smart. Framing this as a forward-looking AI pivot is a much better story than admitting the "crypto economy" beyond Bitcoin hasn't materialized. The bloat got accumulated chasing every narrative that wasn't Bitcoin. Now it's getting cut, and AI is the convenient cover story. Bitcoin is the signal. Everything else is still looking for a reason to exist. https://blossom.primal.net/d6b7a1bfa967017e4debc255ed17c2b4906d580823d5168593c144c67ddf1995.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Saylor announcing "no buys this week" is now a market-moving event in itself. https://blossom.primal.net/dbbc5f25e4b6c29c8a3508d2d4aa5d703d61512e4d1964cce8edd75f14d72df5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sen. Josh Hawley’s GUARD Act, which bans AI chatbots from simulating emotional companions, encouraging self-harm, or engaging in explicit conduct with minors, passed the Senate Judiciary Committee unanimously. https://blossom.primal.net/a9f5ddb427b0f9f8bf377e44e284b92defae6288f377d0713ed0fcb8ae5842d2.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tim Cook just warned investors that Apple is facing "significantly higher" memory costs starting in June, and the crunch will last multiple quarters. SK Hynix, Samsung, and Micron have all confirmed that their HBM, DRAM, and NAND capacity is essentially sold out through 2026 and into 2027. Customers are reserving supply years in advance. Goldman Sachs is forecasting a 4.9% DRAM undersupply in 2026, the worst deficit in over 15 years. The cause: every major AI company on earth is panic-buying memory chips. Google, Meta, Microsoft, Amazon, xAI, and every sovereign AI program from Saudi Arabia to France are hoarding every wafer they can get. High-bandwidth memory prices have spiked over 1,000%. They're calling it "RAMageddon." The downstream effects are already cascading. Sony delayed the PS6 to 2028 or 2029 because they can't get chips. Western Digital is sold out of hard drives for all of 2026. Analysts are saying the entry-level PC market will "disappear" by 2028 because cheap components no longer exist. And now Apple, the most powerful supply chain operator on the planet, is telling you they can't escape it either. When Apple can't source components, what do you think happens to everyone else? https://blossom.primal.net/00205ee99bd61e506c652380e8b29720de82fdded24f9b3d4b42be57470bbbdf.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Canada is moving to ban crypto ATMs nationwide, calling them a key tool for scams and illicit money flows. The country has the highest crypto ATM density per capita in the world, with nearly 4,000 machines set to be impacted. https://blossom.primal.net/1d0f7c6a12e776aff12e763a25acacc1b4c6c91d811e97fc6bf4a3d022610dd3.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC China's property market has now wiped out two decades of price appreciation. According to Hedgeye, the country's real estate sector has given back all gains accumulated over the past 20 years. Researchers estimate that 85% of the gains seen between 2011 and 2021 alone are already gone. The broader collapse stretches further back, erasing valuations to levels not seen since the mid-2000s. For context, real estate accounts for roughly 70% of Chinese household wealth. This isn't just a housing story. It's the largest destruction of middle-class wealth happening anywhere in the world right now. The Chinese government repealed its "three red lines" policy in January 2026 in an attempt to stabilize the sector, but prices continue to fall. The property crisis that began with Evergrande in 2021 has now entered its fifth year with no bottom in sight. https://blossom.primal.net/875412ae8a83b5d1a9d9208d86dfc581c3340e71e4248e604c9aca5f0dfb0fef.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC An Air Force veteran agreed to testify before Congress about secret government UFO programs. He died of an "accidental drug overdose" months before the hearing. You are free to believe this is a coincidence. You are also free to notice that people who agree to testify about classified government programs have a strange habit of not making it to the witness stand. https://blossom.primal.net/269ec2300890a6b0502e0fe2f637664e6707032efcfc42c4b0e72ca8e4e27657.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Robert Downey Jr. on Wall Street in 1993: "Low IQ, high energy." https://blossom.primal.net/a6b5012a7ab64d02bd34c7bd824d89a0e53d816fa68aaad7a77cc67c09c1af87.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Microsoft just offered voluntary retirement to 7% of its US staff, the first buyout program in the company's 51-year history. It's part of a broader reckoning hitting the entire software sector. IBM dropped 10.3%. ServiceNow fell 15%. Salesforce lost 8.7%. Microsoft slid 2.7%. Adobe, CrowdStrike, Intuit, and Datadog all fell between 3% and 6%. The S&P 500 Software & Services index dropped over 4% in a single session, snapping the Nasdaq's 13-day winning streak, the longest since 1992. Meanwhile, chip stocks went up. Texas Instruments surged 10% on strong guidance. The Philadelphia Semiconductor Index hit a record high. The iShares Semiconductor ETF is up 43% in 2026. The iShares Software ETF is down 16%. The market is drawing a hard line. Companies that build AI infrastructure are winning. Companies whose products AI can replace are getting repriced. IBM's software revenue slowed. ServiceNow's subscriptions got delayed. Both still beat earnings estimates. Didn't matter. Microsoft is on both sides of this trade. It spent $88 billion on AI infrastructure last year, posted record revenue of $281.7 billion, cut 15,000 jobs in 2025, froze hiring in March, and is now offering buyouts. Record profits and record headcount cuts in the same fiscal year. The AI boom is creating a two-tier tech market. Hardware and infrastructure companies are printing all-time highs. Software companies are getting asked the same question: can AI do what your employees do? The answer is starting to show up in the stock price. https://blossom.primal.net/fa78d71b50f8f441d5d19d3400070cf54283b5db251bf67bc2dd7365c202c087.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC World, Sam Altman's digital identity project, just unveiled World ID 4.0, what the company calls "full-stack proof of human" infrastructure. The partner list: Tinder, Zoom, DocuSign, Shopify, Okta, AWS, and Vercel. Altman opened by saying we're heading to a world where AI generates more content than humans. Pantera Capital says we've already crossed that threshold. World's answer is an iris-scanning device called the Orb that creates a unique cryptographic ID proving you're a real person. 18 million people across 160 countries have already verified. Tinder is rolling out "verified human" badges in the U.S. after a Japan pilot. Zoom built a feature called "Deep Face" that verifies the person on a video call isn't a deepfake. DocuSign is adding proof-of-human checks to digital signatures. Shopify is enabling verified-human commerce. The most significant announcement is AgentKit, infrastructure that lets AI agents carry cryptographic proof they're acting on behalf of a verified human. Okta built an agent delegation system on top of it. The problem World is solving is real. The question is whether a centralized iris-scanning identity layer controlled by the same person whose company helped create the problem is the right answer. Altman is the CEO of OpenAI. He built the flood. Now he's selling the ark. https://blossom.primal.net/4bc1e11ddaed7f9f3316ac9baaba48e5bbfe7f781aa7a11ec93d9506cf32fe0c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Florida's attorney general just escalated his investigation into OpenAI from civil to criminal. It's the first time a state has pursued criminal liability against an AI company for the actions of a user. The case centers on the FSU shooting last April. Court records show the suspect used ChatGPT in the days and hours before the attack, asking about weapons, ammunition, timing, and location. Two people were killed, six were injured. The AG says if a human gave those same answers, they'd face murder charges. OpenAI says ChatGPT "provided factual responses to questions with information that could be found broadly across public sources on the internet," and that it proactively shared the suspect's account with law enforcement after the shooting. The information was publicly available. The question is whether packaging it in a conversational, step-by-step format creates a different kind of responsibility. That's the real debate here. Every search engine indexes the same information. Libraries carry books with worse detail. The legal theory is genuinely uncharted, and reasonable people disagree on where the line should be. The subpoenas target OpenAI's internal policies on user threats and crime reporting going back to March 2024. Whatever comes of it, this case will set the template for how states think about AI liability. https://blossom.primal.net/3fdf285d6f6f8e6098e9331a943bbef26e20456e8661d793243314101be2c4c1.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC My wife after I tell her I bought more Bitcoin this morning. https://blossom.primal.net/9011b6e09d74e38e095f44e72cc4b3b2473b5af0a13b33a4d35ab5060d404b56.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Elizabeth Warren: "You know what banking system Scott Bessent wants? The one we had right up until 1933, just deregulate the banks, and they crash. The alternative is to say we need better regulation over the private credit market." https://blossom.primal.net/42ec0ba72c5e496a703b068a786cda2d023d2e3a352df2f317e113ea73a1ba80.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC They want you to selfie-verify your humanity and hand your biometrics to Sam Altman's company. Hard pass. https://blossom.primal.net/9ff4ead5a37156a84cfda2b45bbc4d3689a09084c1f0430a468a8ced8796bc34.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The winner of this week's giveaway is ... @nprofile…3vrr ! #nevent1q…n9uc npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Arbitrum just froze $90 million in ETH and proved DeFi is decentralization theater. The Security Council took emergency action to freeze 30,766 ETH connected to the KelpDAO exploit. A multisig of insiders unilaterally reversed a transaction on what claims to be a "decentralized" Layer 2. They acted "with input from law enforcement." The funds were moved to an intermediary frozen wallet that can only be unlocked "by further action by Arbitrum governance." This is what a bank does when it freezes a suspicious account. The difference is that banks don't pretend to be decentralized. The exploit itself exposed the absurd complexity DeFi has become. People staked ETH through Lido, restaked through Eigenlayer via KelpDAO, leveraged looped in Aave, and relied on a cross-chain bridge called LayerZero that got hacked by North Koreans. The result: rsETH became undercollateralized, looping positions froze, and $13 billion evaporated from DeFi in two days. 0xSweep nailed the mechanics. You deposit $100 into a protocol, borrow $80 against it, redeposit, borrow $60 against that, redeploy. Suddenly $100 real capital becomes $285 reported TVL through circular borrowing. "TVL became FDV in a different format." DeFi didn't fail. It worked exactly as designed. Defenders are calling this a "validity violation" not a "decentralization violation." Semantic nonsense. If 12 people can get in a room, freeze a supposedly self-custodial wallet, and move funds out of it with input from law enforcement, your system is not decentralized. Full stop. Bitcoin doesn't need a Security Council to freeze funds because Bitcoin doesn't have single points of failure. No multisig committee can rewrite the ledger. No governance vote can reverse a transaction. That's not a limitation. That's the whole point. Bitcoin is the only distributed sound money in the digital age. Everything else is complexity built to extract value from greater fools. https://blossom.primal.net/0d12482843181b3443176d982b18b7d136b565617b1e5abab5577cc5e2e020f7.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bernie Sanders: "We're not going to stop until AI works for us, not the billionaires." https://blossom.primal.net/4a53bc679c999750f068791511c92261a641c82eaf6fed5939bc843747f08a3c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Sam Altman: World ID aims to become the internet’s new “proof of human” in an AI-saturated world. https://blossom.primal.net/880b6c068297b0e6e1a5db719a272abbb367be0ff6414217fcfa3e51187c04f6.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic CEO Dario Amodei: “50% of all tech jobs, entry-level lawyers, consultants, and finance professionals will be completely wiped out within 1–5 years.” https://blossom.primal.net/0b3c142cb17aa7cf7b665e41d8b9209337b8ac8bcac8237b6d0ff47399fd98a7.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Jensen Huang: "It is unlikely most people will lose a job to AI. It is most likely that most people lose their job to somebody who uses AI." https://blossom.primal.net/2868ddbb7affab812b08653f331b0d8ca05a687fd202bc9799c19f21268e5d54.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A security researcher just documented a large-scale counterfeit Ledger Nano S Plus operation selling compromised devices across multiple online marketplaces. The fake units look identical to the real thing but contain completely different hardware. Instead of Ledger's secure element chip, the counterfeits run an ESP32 microcontroller with modified firmware labeled "Nano S+ V2.1." Seeds and PINs are stored in plain text and transmitted to attacker-controlled servers. Any wallet initialized on the device is drained. The operation goes beyond the hardware. The sellers also distribute a fake version of Ledger Live built with React Native and signed with a debug certificate. It intercepts transactions and exfiltrates sensitive data to multiple command-and-control servers. The campaign spans five attack vectors: compromised hardware, Android APKs, Windows executables, macOS installers, and iOS apps distributed through TestFlight to bypass App Store review. This comes days after ZachXBT documented a separate fake Ledger Live app that made it through Apple's Mac App Store review process. That operation drained over $9.5 million from more than 50 victims, including musician G. Love, who lost 5.92 BTC after entering his recovery phrase into what he believed was the legitimate app. The pattern is clear: the attack surface for hardware wallet users has shifted from firmware exploits to supply chain and distribution fraud. The devices themselves remain secure. The problem is that users are being intercepted before they ever touch a real one. Ledger's own "genuine check" feature can be bypassed when the hardware itself is compromised at the source, which makes where you buy the device as important as how you use it. The rules haven't changed, but they've never been more important: buy hardware wallets only from the manufacturer. Never enter your recovery phrase into any software. If a companion app asks for your 24 words on a screen, it's a scam. Every time. https://blossom.primal.net/9e25b95341bc14564ddd1dd058d9235e4b8da181824363be22384fc9446ea2a9.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC They're governing with Mario Kart metaphors now. https://blossom.primal.net/02e436a342eeab4ae9338590ce7be95f8a9c00c982e4332fbc5a9e01a1c49c87.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The UK just issued £15 billion ($20.3 billion) of 10-year government bonds in a single day, the largest gilt issuance in British history, at the highest yield since 2008. The 2036 gilts priced at a yield of 4.9158%. That's the most expensive borrowing cost the UK has paid on a 10-year sale since the global financial crisis. Benchmark 10-year gilt yields breached 5% for the first time since 2008 last month and remain elevated as the Iran war continues to push energy prices and inflation expectations higher. The sale attracted £148 billion in investor orders, also a record, nearly 10 times the amount issued. The demand isn't a sign of confidence in UK fiscal health. It's a trade. Investors are locking in yields near multi-year highs on the expectation that they'll fall if the Iran ceasefire holds and oil prices come down. The bet is on de-escalation. The UK is particularly exposed to the current energy shock. It's a net energy importer still working through residual inflationary pressure from the Russia-Ukraine disruption. The Iran war added a second layer. Oil above $100 a barrel feeds directly into consumer prices and forces the Bank of England into a tighter posture for longer. The fiscal math is straightforward. At roughly 5% yields, the cost of servicing new debt is approximately double what it was at the 2021 lows. The UK government is borrowing record amounts at the most expensive rates in nearly two decades. Every £15 billion issued at these levels locks in higher interest payments for the next ten years. Sovereign debt markets are pricing in a world where inflation stays elevated, central banks stay cautious, and governments keep borrowing at scale regardless of the cost. The UK is the latest example. https://blossom.primal.net/7532cb5fc181601f876def62e6be5b031de7024594588dbf7b552c0f864bb8e9.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The US is launching a tariff refund system on April 20th. Companies that overpaid on tariffs are getting money back by next week. https://blossom.primal.net/7615b77d68494423a8f13d08030d71638537c569935faf0d12988d1aa10a762a.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC A look inside the new Bitcoin Art: Genesis Edition hardcover by (BitcoinArtMag). https://blossom.primal.net/2b2b7da764994e255b9c8f27bf5efa704a78b1b18680b91294426cfe13c0a200.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic is rolling out government-issued photo ID and live selfie verification for select Claude users via Persona. https://blossom.primal.net/6fd6137cccdb538bc6f7d302629e8595ef6357a9545067f5e949bc62ab1375e0.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Giving away another @npub1tke…wral hardware wallet! 🟠 Follow Bitkey and us, RT to enter. ✅ Winner announced Tuesday, 4/21 at 4PM EST. https://blossom.primal.net/866d06ce3bc68764dc3d01cf8520b485cee855312b21f35f0ad3a9e65ef79b59.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Palmer Luckey might be the only billionaire in Silicon Valley willing to say this out loud. https://blossom.primal.net/971f70056832f1628f4c83a3fd780f3c7174f41dfc3bea6343734eb6a783b568.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Professor Jiang Xueqin claims bitcoin was created by the CIA. "Why would you spend years, possibly decades, in your basement creating a new technology and then just give it for free to the world? That makes no sense." "When you do game theory analysis, you look at all possibilities, you end up with the deep state. You end up with the CIA." https://blossom.primal.net/89463f22afadadfbdcad9671084b2eee3b7be39b920a611e385db19869d1bcf6.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Trump posted today that China is "very happy" he's opening the Strait of Hormuz and that "they have agreed not to send weapons to Iran." The full story is worth understanding. On April 7, China and Russia vetoed a UN Security Council resolution to reopen the strait. The resolution was watered down three times, from authorizing military force, to defensive coordination, to stripped of any enforcement language entirely. China vetoed every version. Eleven countries voted yes. Pakistan and Colombia abstained. The logic: China imports nearly half its oil through Hormuz and buys 90% of Iran's crude. The closure hurts in the short term. But giving the US legal authority to control the strait through a UN mandate would hand Washington permanent leverage over China's energy supply. That's the "Malacca Dilemma" at the core of Chinese strategic thinking. A temporary crunch is tolerable. Permanent American control of the chokepoint is not. China has been preparing. Strategic petroleum reserves built up, energy suppliers diversified, the China-Pakistan Economic Corridor bypasses Hormuz via the Arabian Sea, and half of Chinese energy is now renewable. The dependency is structurally declining. Behind the scenes, Beijing helped push Iran toward the ceasefire. Trump acknowledged this. China's Foreign Ministry today called the US naval blockade "dangerous and irresponsible" while also welcoming further US-Iran negotiations. The "weapons agreement" appears to be a letter exchange. Trump wrote Xi asking him not to supply Iran. Xi wrote back saying he wasn't. China's Foreign Ministry has repeatedly denied military support, though the US has long assessed China helps Iran's ballistic missile program. The ceasefire expires April 22. Both sides have given "in principle agreement" to extend talks. The three sticking points: nuclear program, the strait, and war compensation. China isn't just reacting to this crisis. It's using it to reduce its long-term vulnerability to chokepoint leverage while positioning itself as a voice for restraint and international law in the eyes of the developing world. https://blossom.primal.net/f03f31fef374c37eee8cd36a735e9c72ca79d4cb0f3e89e6ca6ca482d52cfacd.jpg https://blossom.primal.net/b2a97b1b3d5d6e5c64f10a0a6f087bbe289ef3a93ea76a567fbb59ebef207439.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC BIP-361 proposes freezing every bitcoin that doesn't migrate to a quantum-safe address within five years of activation. If you're incapacitated, in prison, or simply unaware of the deadline, your coins aren't stolen. They're frozen by consensus. The justification: 34% of all bitcoin have exposed public keys on-chain. If a quantum computer existed, those coins could be stolen and dumped. The proposal wants to invalidate legacy address types before that happens. The problem: Bitcoin has survived 80%+ drawdowns. The network would recover from a quantum-enabled theft. What it might not recover from is the precedent that consensus rules can freeze coins based on address type. If you can invalidate addresses for quantum protection, governments will point to that precedent to freeze "sanctioned" coins next. Two-thirds of the vulnerable supply comes from address reuse by a small number of large custodians. That's fixable today. No protocol change needed. Exchanges just stop reusing addresses. The Presidio Bitcoin report found that with 25% of block space dedicated to migration, 90% of bitcoin's value could move to quantum-safe addresses in four days. Post-quantum signature schemes already exist. Developer discussion on quantum has gone from 5% to 50% of the mailing list in two years. The work is happening. The right approach is voluntary migration, not protocol-level coercion with a deadline. Bitcoin's core value proposition is that no one can freeze your money. BIP-361 proposes doing exactly that. https://blossom.primal.net/2ed4cbc0e579f6e188a0f9b8efdd264dd6f8449449ac0be4353f895e898e3dcb.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC US and Iran are in discussions for a new round of direct, face-to-face talks aimed at securing a longer-term ceasefire. The previous negotiations in Islamabad, led by Vice President JD Vance, ended without a deal after 21 hours. Both sides are now open to reconvening, possibly again in Islamabad, before the current two-week ceasefire expires next week. https://blossom.primal.net/603d84078cf2f633d42359f5f8d6ac08667db4c8f827636dff92c36a7e16cadd.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC First phase of historic US-Iran ceasefire talks concludes in Islamabad. Both sides are now exchanging written texts to confirm alignment on agreements reached, with Pakistan mediating the discussions led by US Vice President JD Vance on the American side. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Add enough information to the base chain and you extinct its ability to be functional. Armstrong, Lutnik, and Fink have the replacement ready. "Putting information on the base chain is psychotic. The laws of physics are universal." - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆 https://blossom.primal.net/1ead75bb022221e7222224a23ae45d9f9aa24789dc5e80d518e4b4c16c5a89e5.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Every Bitcoiner thinks every attack vector has been covered. This one hasn't. "They are trying to slow the base layer down incrementally, just like chronic disease in biology. When you ossify the main chain, that's an extinction-level event." - ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆 https://blossom.primal.net/e276f3df513132e3259412654e0a1e1a8f786f98cb735f4b233680b990fb0819.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC President Trump says U.S. forces have begun clearing mines from the Strait of Hormuz. Empty oil tankers are now heading to the U.S. to load purchased crude https://blossom.primal.net/3b1c08ae7a35d45bc8737ee4092954984722a97cc315e46d298e3308cab4a6de.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC UK's top military chief warns: "The peace dividend we've enjoyed for the last 30 years is coming to an end." https://blossom.primal.net/877d7c3ee20d3a62dc7c43cac8d73324f63004f7e28ddaf9e644285541a6b8dc.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Strategy bought an estimated 1,000+ Bitcoin in under an hour via $STRC preferred stock proceeds. https://blossom.primal.net/76c9ef485acd8807be44f54c9893276f5e64fe064cf12d492dc7877701518792.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC The Treasury Secretary and the Fed Chair just called an emergency meeting with the CEOs of America's six largest banks over the cyber risks posed by Anthropic's Mythos AI model. Bessent and Powell summoned the heads of Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs to the Treasury building on Tuesday, arranged on short notice and previously unreported. All are classified as systemically important financial institutions. JPMorgan's Jamie Dimon couldn't attend but JPMorgan is already among Anthropic's 12 launch partners. The model is Anthropic's Mythos. During testing, it autonomously identified and exploited vulnerabilities in every major operating system and web browser. It found thousands of zero-day flaws, including a 27-year-old bug in OpenBSD and a vulnerability in FFmpeg that had survived five million passes by automated testing tools. None of this required specialized cybersecurity training. The capability emerged from general advances in coding and reasoning. Powell's presence is the signal. This isn't a policy meeting. It's being treated as systemic risk. Having both the Treasury Secretary and the Fed Chair in the room together on an AI cybersecurity briefing is without recent precedent. Anthropic has restricted Mythos to roughly 40 companies through Project Glasswing, backed by up to $100 million in usage credits for defensive security work. Partners include Amazon, Apple, Microsoft, Google, Nvidia, Cisco, CrowdStrike, and Palo Alto Networks. The goal is to harden critical infrastructure before comparable models emerge from other labs. As we covered earlier this week, a security researcher has argued that some of Mythos's headline numbers are overstated. But the fact that the two most powerful financial officials in the country are convening emergency meetings with bank CEOs suggests the government's threat assessment goes beyond the public marketing. https://blossom.primal.net/9496f706aff58658c29049909f310f9b514ea8ee1ea2bad6acf3ad008a0af9d5.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC OpenClaw creator Peter Steinberger has his Claude access revoked for suspected usage policy violation, warning that maintaining Anthropic model support will get harder. https://blossom.primal.net/6c144b775c421c551ace05eebac5076136f994f47d6b101f694e9110d627d05f.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC President Trump attacks Tucker Carlson, Megyn Kelly, Candace Owens, and Alex Jones on Truth Social, calling them “low IQ” and “stupid people” over their criticism of his Iran rhetoric. https://blossom.primal.net/52e028549194f8d726d5114d51bb040a63baba794c6f3121b8bd0053d390d646.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin's quantum defense just got its first working prototype. Olaoluwa Olaoluwa Osuntokun Osuntokun, CTO of Lightning Labs, published a functional tool to the Bitcoin developer mailing list that solves one of the hardest problems in Bitcoin's long-term security, how to protect the network from quantum attacks without locking millions of users out of their own wallets. The problem is a painful paradox. Bitcoin's leading quantum defense proposal (BIP-360) would disable the current signature system network-wide if a quantum threat emerged. That protects the network, but every wallet that hasn't migrated to the new quantum-resistant format gets frozen permanently. The coins are still there. The rightful owner just can't access them. Osuntokun's prototype is the escape hatch. Instead of proving ownership with a digital signature, the system lets users mathematically prove they created the wallet using its original seed phrase, without ever revealing the seed itself. Recovering one wallet doesn't compromise any others derived from the same seed. It replaces "I can sign this transaction" with "I can prove this wallet came from me." It already runs on a consumer MacBook. Generating the proof takes about 55 seconds. Verification takes under two seconds. The proof file is roughly 1.7 MB. There's no formal proposal to integrate this into Bitcoin yet and no deployment timeline. But the prototype closes a gap that had only existed in theory until now, a credible path to quantum resilience without the collateral damage of stranding user funds. https://blossom.primal.net/8ac5db8d2dd86af9d6f7331d075d5d924caf856d045a6a98730b5ca677569231.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Block's Bitcoin Day campaign has already distributed over $900K in BTC rewards in just three days. Users are earning bonuses for buying on Cash App, spending at Square merchants, and moving to self-custody with @npub1tke…wral. Less than $100K left. https://blossom.primal.net/a718ca5ec001d7801b682d3c26f88acdadd3ef082f91239564f20ff0c947c417.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Anthropic just published the architecture behind Managed Agents, its hosted service for running long-horizon AI agents on the Claude Platform. The core insight is treating agents like operating systems treat programs. They decoupled the "brain" (Claude and its harness) from the "hands" (sandboxes where code runs) and the "session" (the durable log of everything that happened). Each component can fail, restart, or be replaced independently. If a sandbox dies, the harness catches it as a tool error. If the harness crashes, a new one reboots from the session log and picks up where it left off. The security model is notable. In earlier designs, Claude's generated code ran in the same container as API credentials, meaning a single prompt injection could access everything. They fixed this by making sure credentials are never reachable from the sandbox. Git tokens are baked into the repo clone during setup. OAuth tokens live in a vault and are fetched by a proxy that Claude never touches. Performance improved significantly. By decoupling the brain from the sandbox, containers only spin up when actually needed. Time-to-first-token dropped roughly 60% at the median and over 90% at the 95th percentile. The broader direction is clear. Anthropic is building infrastructure for agents that run for hours or days, not seconds. Sessions that outlast context windows. Multiple brains coordinating across multiple execution environments. The shift from chatbot to autonomous worker is being built at the infrastructure layer now. https://blossom.primal.net/47efe8887b793c375ecdba1d1d5d8a0d960d392f2652c0d1346bc0850ecce599.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Iran is charging crypto tolls for every ship passing through the Strait of Hormuz. Hours after the ceasefire was announced, Iran's oil exporters' union told the Financial Times that every tanker transiting the strait must email authorities with cargo details, then pay $1 per barrel in bitcoin or stablecoins. For a fully loaded supertanker carrying 2 million barrels, that's a $2 million toll. Empty vessels pass free. Ships that try to transit without permission "will be destroyed." The IRGC has turned the most critical energy chokepoint on Earth into a functioning toll booth. Roughly 20% of the world's daily oil supply flows through this strait. At pre-war volumes, this system could generate $600 million per month. Payment must be in crypto or yuan. No dollars. No SWIFT. Iran can't use the traditional financial system because of sanctions, so they built around it in real time. Ship operators pay in bitcoin or stablecoins, settling in seconds so transactions "can't be traced or confiscated due to sanctions." At least 26 vessels had already transited under IRGC clearance as of mid-March, with Lloyd's List confirming at least one operator paid approximately $2 million. The IRGC ranks nations on a 1-to-5 friendliness scale. China, Russia, and Pakistan get favorable terms. Ships linked to the U.S. or Israel are excluded entirely. This is the largest real-world stablecoin use case ever recorded. Not DeFi yield farming. Not NFT speculation. A sovereign nation using censorship-resistant money to collect tolls on global energy shipments because the dollar system locked them out. Bitcoiners have said for a decade that this is exactly what would happen. When you weaponize the financial system, adversaries don't comply. They route around it. https://blossom.primal.net/3a847ecd809df466b2dc434189ed63cbf7a082572f9526f191c38112eaba45ce.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Someone measured exactly how much dumber Claude got. The answer is 67%. A developer ran quantitative analysis on 6,852 Claude Code sessions and 17,871 thinking blocks. The data shows Claude Opus 4.6's reasoning depth dropped 67% starting in February. The model went from reading files 6.6 times before editing to 2.0 times. One-third of all edits were made without reading the file first. Users reported the word "simplest" in Claude's outputs increased 642%. Anthropic said nothing until the numbers went public on GitHub. Then Boris Cherny, the head of Claude Code, showed up on the issue thread. His explanation: they introduced "adaptive thinking" that was supposed to save tokens on easy tasks, but it was throttling hard problems too. He also admitted on Hacker News that even when users set effort to "high," a bug was zeroing out thinking on certain turns. The issue was closed over user objections. 72 thumbs-up on "why was this closed." The community is calling it AI shrinkflation: same price, less intelligence. Meanwhile, Anthropic's leaked source code from last week revealed that employees get different system prompts than paying customers, including instructions like "verify work actually works before claiming done." The code checks for a user type called "ant" and routes Anthropic employees to a separate instruction set. The company building "safety-first AI" is quietly running two tiers of service from the same product. The cost of degraded thinking wasn't even cheaper for users. One developer's API costs went from $26/month to $42,121/month because the model kept failing and retrying. Thinking less doesn't save money. It compounds errors. https://blossom.primal.net/cc0047d0dda02051387bf7b8e43310c5af4031c72e4f69afc17ad0a2b76c671d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Mamdami: “The wealth of a median white household in the city is more than $200,000, while that of a black household is less than $20,000 … We are reckoning with the long history of racism here and starting to act upon a framework that puts equity right at the center of it.” https://blossom.primal.net/5481c610916f9974f4cd736a6b44d7cb2062f1106120d0729e4e2cc891a483b8.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Artist pays tribute to Bitcoin by pioneering new techniques in playable art guitar design. (thisistimronan) https://blossom.primal.net/f74708c17d8efecf4d9cc3a7156c7c6aed77ae75e8b5df4ae8314f2a6b612612.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bukele dropped drone footage of downtown San Salvador. Crazy that this was a no-go zone not long ago. https://blossom.primal.net/097af2363b5b919fa2bf0f2e779803587f70dc67507d2d9eb37fab2c335d4a01.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Trump posted on Truth Social this morning warning that "a whole civilization will die tonight, never to be brought back again" if Iran doesn't agree to a deal by 8 PM tonight. The US struck two bridges, a train station, and military targets on Kharg Island, Iran's main oil export hub. Iran rejected the latest American proposal. Tehran is telling civilians to form human chains around power plants. The Strait of Hormuz remains choked. Oil markets are watching an 8 PM deadline that may or may not be real. https://blossom.primal.net/9eb8b2001b15fac4acbb3a160afaed39a22350356686315dec62860f69b9e431.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC France just pulled every last ounce of gold it had stored at the New York Fed. 129 tonnes worth ~$15 billion. But they didn't ship it home. They sold the bars in New York and bought new ones in Paris. 26 transactions over 6 months. The Bank of France says it was just a routine upgrade to meet modern bar standards. Maybe. But the structure tells a different story. If you can just withdraw your gold, you withdraw your gold. You don't sell it and rebuy on the open market unless withdrawal isn't as simple as it should be. France's entire 2,437-tonne gold reserve is now in Paris. Zero in America. And Germany is staring at 1,236 tonnes still sitting in the Fed's vault, with growing calls to bring it home. The official line: "not politically motivated." The signal: sovereign nations are quietly reducing their dependence on the American financial system, one gold bar at a time. https://blossom.primal.net/36c4ec31ad4f8a210879694f0cf9a4e4375d04e4ac2e92ec241516af8b07ac0b.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Iran just cut all diplomatic channels with the U.S. No talks. No back channels. Nothing. Yesterday Trump was floating another deadline extension. Today there's no one left to negotiate with. npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC President Trump is scheduled to speak live with the Artemis II astronauts tonight at 10 PM. https://blossom.primal.net/0e2dad8419831dcaa1c47926bcefd900715e616181fec727b029351a86b3f56d.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Square releases ad offering $25 in Bitcoin for spending just $1 at participating sellers via Cash App. https://blossom.primal.net/df64a9e0a2b95dda835c07d7c1d4d461e2b8321a3b9d539d65e5e66daf0e7454.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tump: "The Iranian people, when they don't hear bombs go off, they're upset. They want to hear bombs, because they want to be free." https://blossom.primal.net/92a9a13f55ecc545f21d2e082977848f4f0325d56f60595e4facd3d81db3b517.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Trump announces major strike on Tehran, claiming key Iranian military leadership eliminated in the attack. https://blossom.primal.net/5f820f7532e3a82a3fd011bb7fb175b3d1ad852d3fc5c50a17d647a836d59c83.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC 92% of hospices in Los Angeles County have fraud flags. That's 1,570 out of 1,700. The DOJ just arrested eight people in "Operation Never Say Die," doctors, nurses, and a psychologist running phantom hospice facilities that billed Medicare for patients who weren't dying. One hospice had a 97% survival rate over five years. Another operator was running three fraudulent hospices while sitting in federal prison. The scheme is simple, pay vulnerable people $300 a month to sign up for hospice care they don't need, bill Medicare millions, repeat. One four-block stretch in Van Nuys had 42 hospice licenses registered. A single office plaza had 89. 221 providers in LA have been suspended so far. The estimated fraud total from HHS: $198 million. The real number is almost certainly much higher. This is what happens when a system runs on trust and no one checks. https://blossom.primal.net/87f34db5d6a26546d409f80d26d5d4a46db4c8206a1b592c10da71017f6874c2.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Block is bringing back the bitcoin faucet. The original, launched by Gavin Andresen in 2010, gave away 5 BTC to anyone who solved a CAPTCHA. That's $500,000 per person at today's prices. The new version goes live April 6 at http://btc.day. https://blossom.primal.net/18a4e2da446e8e860f7259c3d91b953b1e04046307f3c433c51a37c8e060e8c3.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Tadge Dryja, the co-inventor of the Lightning Network, just dropped an update on Utreexo, one of the most underappreciated scaling projects in bitcoin. The problem is straightforward. Every bitcoin node that wants to validate transactions has to store the entire UTXO set, every unspent output on the network. Right now that's 11GB and growing. As more transactions hit the chain, as inscriptions and other data-heavy outputs pile up, every node operator has to store all of it. The UTXO set doesn't get pruned like old blocks can. It just grows. Utreexo eliminates the entire UTXO set from your node. Instead of storing 11GB of data, a Utreexo node stores less than 1KB of hashes and still fully verifies every transaction. It's not a light client. It's not trusting anyone else. It's full validation with radically less storage. The tradeoff has always been bandwidth. Utreexo nodes need to download extra proof data to verify transactions without storing the full set. Until recently, syncing the blockchain with Utreexo took 2-3x the data download of a normal node, pushing into terabytes. That problem is now being solved, new aggregator techniques from SwiftSync have eliminated the extra download overhead. The implementation is still being finalized, but the hard part appears to be behind them. Two things worth noting: First, Utreexo is quantum safe. The accumulator and aggregator are built entirely on hash functions, not elliptic curve cryptography. Whatever quantum computing does to bitcoin's signature scheme, it won't touch Utreexo. At a time when the quantum conversation is heating up, that's a meaningful design advantage. Second, Utreexo directly addresses the tension around "spam" on bitcoin. Inscriptions, BRC-20 tokens, and other data-heavy outputs bloat the UTXO set that every node has to carry. Pruning helps with old block data but doesn't touch the UTXO set. Utreexo makes the entire debate irrelevant, if your node doesn't store the UTXO set at all, the size of it doesn't matter. New releases are out for both utreexod (BTCD-based) and Floresta (rust-based, built with rust-bitcoin). Both are in testing mode, not ready for real funds yet, but ready for developers and node operators to try. This is the kind of quiet, foundational work that actually scales bitcoin at L1. No token. No VC round. No press tour. Just better engineering. https://blossom.primal.net/396623f16995622341d8e2983c15a6f74fb6523dff3245bc16bb6d1d729437d6.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Block just open-sourced mesh-llm, a peer-to-peer system that lets anyone pool spare GPU compute to run large open-source AI models without relying on any cloud provider. If a model fits on your machine, it runs locally at full speed. If it doesn't, the system automatically splits it across multiple machines on the network. Dense models get split by layers. Mixture-of-experts models like DeepSeek and Qwen3 get split by experts. Zero configuration required. Discovery happens over Nostr. Nodes find each other through relays, score by region and VRAM, and self-organize. No central server coordinates anything. Weights are read from local files, never sent over the network. Dead nodes get replaced in 60 seconds. It exposes a standard OpenAI-compatible API on localhost, meaning any existing AI tool can plug in without modification. Block is building infrastructure for AI that doesn't route through OpenAI, Google, or Anthropic. Frontier-class open models running across a mesh of commodity hardware, discovered via Nostr, with no cloud dependency. That's the direction AI needs to go. https://blossom.primal.net/f1cffd96254c5381c701d68f19ce494ae14453ae6cc8bfb01c14b6793dd99e44.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Theo Von goes off on a fiery rant about politicians, endless wars, and moral decay: “It’s all just a cat and mouse game.” “People are like, ‘we’ll elect the Democrats next time.’ But it’s all the same sh*t has been happening forever.” “They haven’t been helping anybody forever.” “They’re letting f*cking politicians slurp on kids!” “All of our f*cking money goes to Israel and they’re using it to f*cking genocide people!” “It’s like, everybody is scared out of their wits right now. It’s like, our religious leaders are afraid to speak out.” “It’s like it’s a time where it’s like satan is amongst us and our religious leaders are talking about bullsh*t at the polls!” https://blossom.primal.net/91c93987cc202e07ae890aaed3de3539cb59716b5fcbaf5ac0d8b1a5293adf0b.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Theo Von: "Our government obviously is not here to help the people. The crazy part is we're working to pay the taxes to keep them doing it." https://blossom.primal.net/be8965cfd936961f25201a4548025830e20a49e748cd6567ac4dc3946f0cd6a5.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Luke Gromen: "The very nature of warfare has fundamentally changed in a way that has arguably not happened since black powder rifles were used to take down heavy cavalry 400 or 500 years ago." "You control naval choke points, you control the world. That's been enforced for 400 to 500 years. Iran, probably not even a top ten military, is now doing that to the United States Navy." https://blossom.primal.net/7edd72a691f1e2b0fc003207d34285c548f2e2c698e4f160b946b0d9ea4add54.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Luke Gromen: "The world economy cannot survive a 7 to 11% loss of oil supply. It will not survive" "We can debate: is Europe going to go first and collapse? Is Southeast Asia going to go first and collapse? Will America collapse first? But the global economy, it is a certainty, it will collapse if we keep oil supplies down 7 to 11%." https://blossom.primal.net/544976129001666ebadb7c999de367af139e9838399c8de922b42ddf4da03641.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Major blow to Russian oil exports. Ukrainian strikes damage 40% of Primorsk terminal's storage. At least eight tanks, some for diesel, affected. Fires visible in satellite imagery. https://blossom.primal.net/0d756c57017d36934dbdfdbe6d17845a34539044399a0d9044f142304b6403c6.png npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Bitcoin dips below $67K as Trump signals US forces will “finish the job” in Iran soon. https://blossom.primal.net/6265dc11ad7010cb8525684b2dc7afaf203ad339be0c3592be24ffe4f9155c98.jpg npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC ASA's Artemis II rocket blasts off from Kennedy Space Center, sending four astronauts on the first crewed lunar flyby in over 50 years. https://blossom.primal.net/eb818605a9785e30d8eff1fe5ec3bd914b181220d8a49cd6ee3c36ab9e52615c.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Are the people making decisions making them for America? "Are Kushner and Witkoff totally allegiant to the United States? There are powerful people in government who factor Israeli interests into US strategic decisions." - Mel Mattison https://blossom.primal.net/8cf9004556398de0dab4484e8d3facacde552d47ec1dcb5e4f5b53ebf7b359f9.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Venezuela's Acting President Delcy Rodríguez wishes the Jewish community a Happy Passover. https://blossom.primal.net/265bf7042a56459210d3b742e4014e32ed9bf01c91b3b3000178d098670b9e2f.mp4 npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jraw TFTC Giving away another @npub1tke…wral hardware wallet! 🟠 Follow Bitkey and us, RT to enter. ✅ Winner announced Tuesday, 4/7 at 4PM EST. https://blossom.primal.net/8d7d4523b160e0554cb7799a0c460ba0245e93be5f4f54849e837456bc8af778.mp4