Stablecoins Will Not Save Public Blockchains. John Arnold Explains.
Ten31's John Arnold argues the stablecoin gold rush will not accrue value to public blockchains. Plus: March CPI prints 3.3%, Carlyle gates a $7B private credit fund, Ro Khanna's A…

TFTC / Marty Bent
Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.
Independent writing by Marty Bent at TFTC since 2017. Commentary on money, markets, AI, energy and privacy.
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Ten31's John Arnold argues the stablecoin gold rush will not accrue value to public blockchains. Plus: March CPI prints 3.3%, Carlyle gates a $7B private credit fund, Ro Khanna's A…

Iran demands bitcoin tolls at the Strait of Hormuz. When finality matters, hashrate wins. Plus: China's CBDC falters, CMBS delinquencies hit COVID highs, and mining tariffs threate…

Criminals are posing as delivery drivers to rob bitcoiners at gunpoint. California has seen a surge of violent home invasions. Geographically distributed multisig makes these attac…

Tyler Oliveira's viral documentary exposes H-1B ghost offices in Frisco, TX. CheckOnChain shows bear market bottoming signals. Fed sits on 44B losses while banks report earnings.

An independent research firm sent an analyst into the Strait of Hormuz during active conflict. The finding: Iran is running a functional toll booth, not a blockade. 15+ ships cross…

OpenAI's acquisition of TBPN reveals the playbook for media in the age of AI. WTI crude settles above $103 for the first time since 2022. The FBI confirmed it buys Americans' data…

Jonas Nick's SHRIMPS achieves 2.5 KB quantum-proof signatures for Bitcoin. BofA warns inflation heading to 4%. Powell signals no rate hikes. The positioning squeeze hits $184B in s…

Google Quantum AI research shows Bitcoin's ECDSA could be cracked with fewer than 1,200 logical qubits, executable in minutes. But Bitcoin developers are already shipping post-quan…

The latest PARITY Act draft gives stablecoins a $200 de minimis exemption while leaving Bitcoin out entirely. It confirms TFTC reporting that Coinbase lobbied for exactly this outc…

The Bitcoin Policy Institute meets on Capitol Hill today with Coinbase, River, and Block to push for a de minimis tax exemption that would let Americans spend bitcoin without trigg…

TeamPCP compromised Trivy, used it to backdoor LiteLLM, and harvested credentials from tens of thousands of environments. Plus: oil drops 6% on Iran peace plan, Philippines declare…

Jensen Huang says engineers not spending $250K on AI tools are falling behind. Meanwhile, AI is eroding the moats of software companies that $13 trillion in private credit underwro…

Apollo and Ares gate private credit fund redemptions as $10B+ in withdrawal requests hit the industry. The contagion path from private credit to bank balance sheets is now visible.

Iran's parliament speaker just declared US Treasury bond holders legitimate military targets. Meanwhile, global bond yields are ripping to multi-month highs and the 'risk-free' rat…

VanEck's latest ChainCheck report reveals the options market is the most hedged since June 2021. On-chain data shows capitulation. The last time fear peaked like this, Bitcoin rall…

Square just auto-enabled Lightning for 4 million merchants. Tether funded Ark Labs. Lightning hit $1.17B monthly volume. A 4nm mining chip taped out. The Fed held rates on $39T in…

The Strait of Hormuz has been closed for 19 days, fracturing oil into a two-tier market. Dubai crude hit $152 while WTI sits at $94. An Indian tanker paid in yuan for safe passage.…

Square auto-enables bitcoin payments for millions of sellers March 30. CFTC protects self-custodial wallets. Oklo gets dual nuclear approvals. El Salvador becomes the Dubai of the…

Medi-Cal spending doubled to $222 billion. Nick Shirley went door to door in LA and San Diego visiting facilities billing millions. Most were empty. Plus: yields climbing, private…

AI deepfakes have made it impossible to prove anything is real. Meanwhile, a $96 3D-printed missile system proves the cost of power is collapsing to zero. The age of the sovereign…
