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@TFTC21@TFTC21

The IMF approved a $138 million disbursement to El Salvador despite the country breaching its agreement not to accumulate more bitcoin. El Salvador's wallet grew by over 1,000 BTC since the deal was signed. The government secured a waiver by proving the additions came from private donations, not public funds. The conditions are clear. Stop all state-led bitcoin accumulation, unwind control of the Chivo wallet, keep bitcoin use voluntary, and publicly audit holdings. The IMF will tolerate bitcoin as long as the state isn't the one stacking it.

@TFTC21@TFTC21

Tavus claims new Griffin model is "the first model to pass the video Turing test." "48% of people who talked to it live thought it was a real human. Previous systems have had a pass rate <3%."

@TFTC21@TFTC21

The SEC just proposed new rules creating a tailored custody framework for crypto assets held by investment advisers and regulated funds. This builds on the proposal sent to the White House in August. The new framework covers registered investment companies and business development companies, laying out specific requirements for how advisers custody digital assets on behalf of clients. sec.gov/newsroom/press…

@TFTC21@TFTC21

"I'm paying every single month for my health insurance, but I have to pay $9,000 before I can actually use my health insurance? What do you mean? So why do I have health insurance?" The American health insurance system in 22 seconds.

@TFTC21@TFTC21

OpenAI fired three AI safety researchers for allegedly sharing confidential information with an outside organization. @mark_k: "Working on 'AI safety' doesn't give you a free pass to leak confidential information."

@TFTC21@TFTC21

Block launches a bitcoin consumer ad. "How come every time them Wall Street boys crash the economy, they always get to keep the money? That makes no sense."

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Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.

Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

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