Canadian Sidewalk Psych Holds, Silent Payments in Sparrow, Uber's AI Spending Problem

Your daily bitcoin and macro intelligence briefing. AI-generated audio from the TFTC Bitcoin Brief newsletter, written and curated by Marty Bent. • A man in Vancouver was certified "insane" under BC's Mental Health Act on a sidewalk with no formal evaluation, days after warning a school board about authoritarian federal laws • Canada's legislative kill chain: C-9 (speech), C-22 (surveillance), C-8 (internet kill switch), C-63 (pre-crime house arrest) • US bipartisan antisemitism bill introduces similar speech-policing mechanisms stateside • Uber's COO admits AI token spending is "harder to justify" after blowing through their entire Claude Code budget for 2026 • Fitch: US private credit default rate hit record 6.0% in April, highest since tracking began • Craig Raw shipped Silent Payments receiving in Sparrow Wallet, one reusable address with zero privacy loss • Bitcoin whales at yearly high of 1,282 entities holding 1,000+ BTC while retail panics, exchange reserves at 7-year low • Jordi Visser: only 12-18% of $8T AI buildout complete, physical bottlenecks mounting, US crude inventories posted largest weekly draw since 1982 • Cashu ecash mints going non-custodial via secure enclaves, Hal Finney's RPOW vision realized Get the full written brief with all links, sources, and on-chain data at tftc.io/bitcoin-brief