The future won’t wait for you.

@TFTC21

CFTC Chairman Mike Selig: "I'm very concerned about central bank digital currencies. We in the Trump administration have been very clear that is not going to happen under our watch."

@TFTC21

TFTC 768 w/ @francispouliot_: "They're building a list of every Bitcoiner. In France a million records leak every month and when this database leaks, people will be murdered." We discuss: ⚡ Sold to kidnappers ⚡ One taken every 2 days ⚡ Coming to the US next

@TFTC21

Trump says the Iran ceasefire is "over." Renewed Middle East tensions mean more uncertainty for energy markets, more pressure on the dollar, and another reminder why sound money matters.

@TFTC21

Calle demoes NFC Tap-to-Pay with Bitcoin ecash. Two phones tap and instantly transfer funds with the sender needing no internet at all.

@TFTC21

Bitcoin House Malaysia in KLCC installs framed Bitcoin whitepaper and global "Proof of Community" map highlighting Bitcoin hubs worldwide.

@TFTC21

A federal judge just handed Kalshi a major loss in the Southern District of New York. Judge Analisa Torres denied the prediction market platform's request for a preliminary injunction, a ruling that legal experts say will have knock-on effects across multiple pending cases in Connecticut and other SDNY lawsuits. The case centers on whether prediction markets are regulated financial products or unlicensed gambling operations. Kalshi has argued it operates as a CFTC-regulated designated contract market and that federal oversight preempts state gambling laws. New York Attorney General Letitia James disagrees. Her office is now expected to file a civil enforcement action against Kalshi in state court seeking restitution, disgorgement, civil penalties, and injunctive relief. This is part of a broader legal assault on prediction markets playing out across the country. In Minnesota, a federal judge recently signaled sympathy with the state's argument that platforms like Kalshi and Polymarket have "far exceeded what Congress initially intended" when creating the CFTC framework in 1974. The key question in that case was how to define what Kalshi actually does. Kalshi says "trading on designated contract markets." Minnesota says "gambling." How courts define that field will dictate who wins. Meanwhile the whole thing may be heading to the Supreme Court. Justice Alito just gave New Jersey until August 4 to file a petition challenging a Third Circuit ruling that had sided with Kalshi and shielded its event contracts from state gaming regulation. If SCOTUS takes the case, it could settle the question nationally. Kalshi will appeal the Torres ruling and seek an immediate injunction pending that appeal. But the momentum has clearly shifted. States are winning the argument that prediction markets function like sports betting and should carry the same consumer protections and oversight that licensed sportsbooks provide.

@TFTC21

Meta just disclosed it faces $1.4 trillion in potential penalties in the teen mental health case brought by state attorneys general. That number is nearly equal to Meta's entire market cap. Twenty-nine states are suing Meta for violating the Children's Online Privacy Protection Act by collecting data from underage users without parental consent. They allege Facebook and Instagram were intentionally designed to be addictive to children, fueling anxiety, depression, self-harm, and suicide. Four of those states are also targeting Meta for misleading the public about safety risks. The $1.4 trillion figure comes from how California, Colorado, Kentucky, and New Jersey have proposed penalties should be calculated if they win. Meta's lawyers called it "outlandish" and said a sanction of that size "has no analog in the history of consumer protection enforcement." This is not happening in a vacuum. Meta already lost two major cases this year. A California court found it liable for fueling social media addiction. A New Mexico jury found it failed to protect kids from online predators. The company now faces more than 2,400 pending lawsuits from school districts, parents, and governments in what critics call a "Big Tobacco moment" for social media. The trial is set for August 18 in Oakland. The actual penalty will almost certainly be far less than $1.4 trillion. But the scale of the legal exposure tells you how regulators view what happened. This is a company accused of knowingly designing products that harmed an entire generation of children for profit, and 29 states are lined up to make the case.

@TFTC21

The first product from Elon Musk's $60 billion AI coding bet could drop as early as Wednesday. According to The Information, SpaceXAI and Cursor plan to launch their first jointly developed model after pushing back earlier this week to improve efficiency. SpaceX acquired Anysphere, the startup behind Cursor, in an all-stock deal announced days after the biggest IPO in history. Before SpaceX came calling, Cursor was closing a $2 billion round from Andreessen Horowitz, Thrive, and Nvidia at a $50 billion valuation. Musk's team preempted that raise with a $60 billion offer and a $10 billion break-up fee if the deal fell through. The deal solved two problems at once. SpaceX pitched IPO investors on a $28 trillion total addressable market with $26 trillion from AI, but xAI, Musk's original AI venture that merged into SpaceX earlier this year, was in trouble. All 11 co-founders left by March. Musk admitted xAI "was not built right the first time around." Grok had generated deepfake controversies and legal challenges from the California AG. Meanwhile Cursor had a real product and explosive growth but was burning cash faster than its $3.2 billion in prior funding could sustain. SpaceX got a credible AI asset. Cursor got the resources to scale. Wednesday's reported launch is the first real test of whether the integration produces something that justifies the price tag. The AI coding space is brutally competitive with Anthropic, OpenAI, and others all fighting for the same developers.

@TFTC21

El Salvador's Bitcoin Office rolls out Diploma 2.0 across public schools, equipping students with official textbooks on Bitcoin fundamentals.

@TFTC21

"The most terrifying part is sometimes there's nothing underneath. It's just outright fraud." @APompliano and @ankurnagpal on how private market SPVs can be layered deep enough that no one knows what's actually at the bottom.

@TFTC21

"One of the many reasons the general public doesn't love AI is they're not benefiting from any of the economic boon. Who are the people who love AI? The venture capitalists, people getting paid really high salaries. The average American is fully locked out of that wealth creation." - @ankurnagpal

@TFTC21

You shouldn't have to sell your bitcoin to pay for life. @AvenCard gives you a line of credit backed by your BTC. Fixed rates for up to 10 years. No rehypothecation. 2% cash back on everything. tftc.io/aven-bitcoin-v…

@TFTC21

CFTC Chairman Mike Selig: "I'm very concerned about central bank digital currencies. We in the Trump administration have been very clear that is not going to happen under our watch."

@TFTC21

TFTC 768 w/ @francispouliot_: "They're building a list of every Bitcoiner. In France a million records leak every month and when this database leaks, people will be murdered." We discuss: ⚡ Sold to kidnappers ⚡ One taken every 2 days ⚡ Coming to the US next

@TFTC21

Trump says the Iran ceasefire is "over." Renewed Middle East tensions mean more uncertainty for energy markets, more pressure on the dollar, and another reminder why sound money matters.

@TFTC21

Calle demoes NFC Tap-to-Pay with Bitcoin ecash. Two phones tap and instantly transfer funds with the sender needing no internet at all.

@TFTC21

Bitcoin House Malaysia in KLCC installs framed Bitcoin whitepaper and global "Proof of Community" map highlighting Bitcoin hubs worldwide.

@TFTC21

A federal judge just handed Kalshi a major loss in the Southern District of New York. Judge Analisa Torres denied the prediction market platform's request for a preliminary injunction, a ruling that legal experts say will have knock-on effects across multiple pending cases in Connecticut and other SDNY lawsuits. The case centers on whether prediction markets are regulated financial products or unlicensed gambling operations. Kalshi has argued it operates as a CFTC-regulated designated contract market and that federal oversight preempts state gambling laws. New York Attorney General Letitia James disagrees. Her office is now expected to file a civil enforcement action against Kalshi in state court seeking restitution, disgorgement, civil penalties, and injunctive relief. This is part of a broader legal assault on prediction markets playing out across the country. In Minnesota, a federal judge recently signaled sympathy with the state's argument that platforms like Kalshi and Polymarket have "far exceeded what Congress initially intended" when creating the CFTC framework in 1974. The key question in that case was how to define what Kalshi actually does. Kalshi says "trading on designated contract markets." Minnesota says "gambling." How courts define that field will dictate who wins. Meanwhile the whole thing may be heading to the Supreme Court. Justice Alito just gave New Jersey until August 4 to file a petition challenging a Third Circuit ruling that had sided with Kalshi and shielded its event contracts from state gaming regulation. If SCOTUS takes the case, it could settle the question nationally. Kalshi will appeal the Torres ruling and seek an immediate injunction pending that appeal. But the momentum has clearly shifted. States are winning the argument that prediction markets function like sports betting and should carry the same consumer protections and oversight that licensed sportsbooks provide.

@TFTC21

Meta just disclosed it faces $1.4 trillion in potential penalties in the teen mental health case brought by state attorneys general. That number is nearly equal to Meta's entire market cap. Twenty-nine states are suing Meta for violating the Children's Online Privacy Protection Act by collecting data from underage users without parental consent. They allege Facebook and Instagram were intentionally designed to be addictive to children, fueling anxiety, depression, self-harm, and suicide. Four of those states are also targeting Meta for misleading the public about safety risks. The $1.4 trillion figure comes from how California, Colorado, Kentucky, and New Jersey have proposed penalties should be calculated if they win. Meta's lawyers called it "outlandish" and said a sanction of that size "has no analog in the history of consumer protection enforcement." This is not happening in a vacuum. Meta already lost two major cases this year. A California court found it liable for fueling social media addiction. A New Mexico jury found it failed to protect kids from online predators. The company now faces more than 2,400 pending lawsuits from school districts, parents, and governments in what critics call a "Big Tobacco moment" for social media. The trial is set for August 18 in Oakland. The actual penalty will almost certainly be far less than $1.4 trillion. But the scale of the legal exposure tells you how regulators view what happened. This is a company accused of knowingly designing products that harmed an entire generation of children for profit, and 29 states are lined up to make the case.

@TFTC21

The first product from Elon Musk's $60 billion AI coding bet could drop as early as Wednesday. According to The Information, SpaceXAI and Cursor plan to launch their first jointly developed model after pushing back earlier this week to improve efficiency. SpaceX acquired Anysphere, the startup behind Cursor, in an all-stock deal announced days after the biggest IPO in history. Before SpaceX came calling, Cursor was closing a $2 billion round from Andreessen Horowitz, Thrive, and Nvidia at a $50 billion valuation. Musk's team preempted that raise with a $60 billion offer and a $10 billion break-up fee if the deal fell through. The deal solved two problems at once. SpaceX pitched IPO investors on a $28 trillion total addressable market with $26 trillion from AI, but xAI, Musk's original AI venture that merged into SpaceX earlier this year, was in trouble. All 11 co-founders left by March. Musk admitted xAI "was not built right the first time around." Grok had generated deepfake controversies and legal challenges from the California AG. Meanwhile Cursor had a real product and explosive growth but was burning cash faster than its $3.2 billion in prior funding could sustain. SpaceX got a credible AI asset. Cursor got the resources to scale. Wednesday's reported launch is the first real test of whether the integration produces something that justifies the price tag. The AI coding space is brutally competitive with Anthropic, OpenAI, and others all fighting for the same developers.

@TFTC21

El Salvador's Bitcoin Office rolls out Diploma 2.0 across public schools, equipping students with official textbooks on Bitcoin fundamentals.

@TFTC21

"The most terrifying part is sometimes there's nothing underneath. It's just outright fraud." @APompliano and @ankurnagpal on how private market SPVs can be layered deep enough that no one knows what's actually at the bottom.

@TFTC21

"One of the many reasons the general public doesn't love AI is they're not benefiting from any of the economic boon. Who are the people who love AI? The venture capitalists, people getting paid really high salaries. The average American is fully locked out of that wealth creation." - @ankurnagpal

@TFTC21

You shouldn't have to sell your bitcoin to pay for life. @AvenCard gives you a line of credit backed by your BTC. Fixed rates for up to 10 years. No rehypothecation. 2% cash back on everything. tftc.io/aven-bitcoin-v…