Independent media since 2017

The future won’t wait for you.

The Commoner by Marty Bent. Money, markets, AI, energy and privacy, every weekday.

Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.

@TFTC21@TFTC21

The @HRF just announced the second 2026 round of its AI for Individual Rights Fund: six grants for open-source, private AI built for people living under regimes that surveil and censor them. Skyhook Professor: An offline AI model from the Operator Foundation designed to bring censored information into North Korea, where 26 million people live in an information vacuum. The grant funds testing with the North Korean defector community. DS4 (DwarfStar 4): @antirez is building an app that runs some of today's most powerful open-weight models locally on machines like a Mac Studio. Your conversations never leave your hardware. Mia's AI Lab: Takes open-weight models, optimizes them for a wider range of devices, and writes step-by-step "recipes" for running them locally. The grant expands that work to Macs and consumer GPUs. Enclavia: Makes it easy to run apps inside Trusted Execution Environments so the cloud provider can't see your data. Built for Bitcoin apps first, now extending the same protection to AI for journalists and human rights defenders. llmfit: A free, open-source tool that checks your hardware and tells you which local model will actually run well on it. Hackathon against Putin's "United Russia" party: The Anti-Corruption Foundation brought around 30 technologists and activists to Berlin to build AI tools that expose election fraud and Kremlin corruption. Same lesson as bitcoin: if a company holds it for you, a regime can make them hand it over. Run it yourself.

@TFTC21@TFTC21

A billionaire-funded PAC spent over $304 million to beat California's billionaire tax. Prop 40 trailed about 55% to 45%. And even if it had won, a rival measure could have killed it. The numbers: • Prop 40 was a one-time 5% tax on the net worth of taxpayers and trusts with assets over $1 billion, hitting roughly 200 billionaires • Close to $500 million was raised across Props 40, 41 and 42, and opponents heavily outspent supporters • Prop 42, which would ban taxing personal wealth in the state constitution, led with about 53% to 54% of the vote • A Public Policy Institute of California poll on Oct. 27 had support among likely voters at 46%, down from 52% a month earlier • If either Prop 41 or Prop 42 gets more votes than Prop 40, the billionaire tax does not take effect A billionaire-funded PAC led the campaign against the tax, and billionaire-backed counter-measures sat on the same ballot. Proponents say they will try again. Voters were asked to tax billionaires, and the billionaires bought the other side of the ballot.

@TFTC21@TFTC21

Strategy bought 1,037 more bitcoin last week, up from 811 the week before. Its total is now 850,364 bitcoin. The weekly Monday filing keeps landing, and this buy is bigger than the last.

@TFTC21@TFTC21

Freeze vulnerable coins, or do nothing. Cory Fields just offered a third option. The Bitcoin Core developer's "quantum landmines" would make a thief moving a protected coin post collateral first. A real owner can reveal hidden proof and claim it.

@TFTC21@TFTC21

Trump says someone else will pay for the Iran war. On 60 Minutes he said "Those countries that we've protected are going to pay us back any and all costs that we've had for the war." No figure. No timeline. Just "100%."

@TFTC21@TFTC21

Coinbase now has final approval for a US national trust charter, American Banker reports. It's a trust bank, not a commercial bank. No deposits, no loans. Custody first, with stablecoin issuance and payments planned next. The OCC moved it from conditional to final.

@TFTC21@TFTC21

Trump says the DOJ told the head of a major AI company to "get ready to go to jail, please give your wife a kiss goodnight..." He said the person "totally changed everything" afterward. He didn't name the executive or the company.

@TFTC21@TFTC21

Iran just gave the White House two days to accept its proposal or see its forces "rain down hell." Foreign Minister Araghchi says Iran will reopen Hormuz within two days if the US meets its terms, including an end to fighting on all fronts and lifting its port blockade.

@TFTC21@TFTC21

HSBC, Barclays, Lloyds, NatWest and Nationwide have blocked or restricted AI agents from customer accounts, the Telegraph reported. McKinsey says up to £700bn could move out of low-paying savings. It is unclear who pays if a bot mismanages your money.

@TFTC21@TFTC21

Harwood, North Dakota voted 325 to 105 against a measure adding independent review for big industrial projects. About 430 votes decided review rules for a $3B, 280 MW Applied Digital campus. Oracle is reportedly leasing it under a $2.15B, 15-year deal.

@TFTC21@TFTC21

Asked by Ross Douthat on CBS 60 Minutes whether he'd escalate the Iran war now that the midterms are over, Trump said "Well, I'm not looking to." The interview was taped after the GOP losses. He also acknowledged the war has pushed gas prices up.

@TFTC21@TFTC21

Both parties now want answers on Nvidia CEO Jensen Huang. Lawmakers are calling for scrutiny and asking what the Trump administration knew. Huang had said the US government had not told him of its suspicions about Alice Huang, the Megaspeed executive U.S. intelligence reportedly believes is a Chinese spy. Who knew what, and when, is the real story.

Podcasts

The latest episodes. Watch right here, or wherever you listen.

The Round Table

The room is open.

Where Bitcoiners stop reading about the future and start building it — monthly AI-implementation calls, a vetted network of operators, and research that actually matters.

$100/ mo · or $1,000 / yr

Level up
  • Live AI implementation calls and workshops
  • A vetted network of operators and builders — no tourists
  • Research briefs when they matter, not on a treadmill
  • An always-on private Discord
  • Ad-free podcast with post-interview recaps

The Commoner

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.

Free, every weekday. Unsubscribe anytime using the link in each newsletter. By subscribing you agree to our Terms and acknowledge our Privacy Policy. Read recent issues.