Data-Mining for Bitcoin Supremacy

Record shutdown should not be repeated in 2026

In the days of the 49s, the rush for gold proved to be the boundless glory for the West: it was settled more rapidly and tamed at an extent that the Spanish conquistadors never could replicate. Gold was the cause, but in the rush, the Plains were trampled over, the bison eliminated, the Natives starved and gunned down, the forests flattened for farms.

All done at a pace and clip because the Gold Rush was the field day for the common white man. He had opportunities to get rich quicker than eight years of study at the law.

Today, those opportunities are only envisaged in the sacrosanct hallways of the select at the Pentagon. Through their proxies in Israel and the United Arab Emirates (UAE), they are earning riches in ways that their predecessors never dreamed of. Massive sales of stocks and bonds, huge investments in arms development, speculation on public companies, leveraging conducted via offshore bank accounts inscrutable for accounting purposes, heroin or drugs embedded in UAE cargo marked “defense” or “diplomatic mission.”

Deals for the oligarchs are taking place like never before. This is why whether Russian, Israeli, American, Azerbaijani, or Afrikaner, the intermarrying has never been more intense. This is why Russia cannot truly intervene in the Middle East. Like Israel, it is another hideaway for the super-criminals. Bashar Assad’s riches from fake drug manufacture, Israelis who have committed crimes against humanity or are in the process, drug dealers or sex-traffickers or casino cheats, all are welcome into Russia. Perhaps even the Jew, Zelensky, will find a retirement there once his cocaine nose blows out.

However none of this matters for the common American who is served up a fare of cognitive dissonance via the establishment bullhorns. As Karoline Leavitt or Scott Bessent would have it, President Trump has already made America Great Again, much Greater than it has ever been. He has created $21 trillion dollars out of thin air, nearly half of it in signed deals with foreign nations eager to negotiate to reduce their tariffs. However isn’t $21 trillion roughly the GDP of the United States? Then what is Trump talking about? Never mind, according to the Trump loyalists, “Repeat After Me” enough times, and the mantra becomes its own self-confirming prophecy, like “magick.”

But maybe Trump is referring to the mechanism his administration approved in 2018 at the Federal Accounting Standards Advisory Board (FASAB), an administrative rule titled “Statement of Federal Financial Accounting Standards 56” (SSFAS 56), which allows dark or missing money to be hidden or shifted in line items in financial disclosure reports for agencies and contractors involved in “classified” work. The dark or missing money can be excluded from reporting  and “consolidated into another reporting entity.”

It is no coincidence that the government resorted to this mechanism after Catherine Austin Fitts, a former Assistant Secretary of Housing and Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD), first discovered tens of billions of dollars missing in the accounting at HUD. Further years of investigation by The Solari Report reveals that this amounts to trillions missed from reporting at the Pentagon. The Solari Report investigations were verified by a team led by Dr. Mark Skidmore that between 1998 through 2015, $21 trillion dollars was recorded as “undocumentable adjustments.”

America currently the leader in AI but staying competitive is costly

American-Tech companies buy and invest with one another driving up value, how much is too much?

So is $21 trillion dollars a lucky number?

Dissolved public pensions, busted trusts, and other funds were also discovered wired to the Bank of International Settlements (BIS) or other banks in Switzerland, which is renowned for immunity from financial disclosure. Of course this money may also be reused for leveraging, insider trading, and incestuous recirculation to prop up the stock-market (as analysts infer as taking place right now among the Big Tech companies). Then how much more money is being “created” and “secreted” that will eventually be reported “missing”? What is the limit?

The public has still not heard exactly how much money DOGE has recovered or where that recovered money is being stowed away, how re-allocated, and quite possibly, how misspent. If it involves classified information, under SSFAS 56, the public cannot even learn about this or how many trillions more are being “shifted” through “magick.”

Why Nations Ditching the Dollar

Unfortunately due to all the wars in which America has been embroiled in, the American debt is greater than ever before. The American taxpayers are the ones saddled with this kind of debt even if in point of fact it is fossil fuel corporations, associated manufacturing companies, and industry who have largely benefitted from war debt investments and profiteering around the world. Internally the U.S. suffers from record mergers and consolidations from great asset-indexing transnationals such as BlackRock, State Street, and Van Guard, whose investments in a huge swathe of common and mutually incestuous markets have transformed America into a monolithic megalopoly.

If America chooses to re-invest such vast sums of money here inside of America, if it were spent responsibly and efficiently with accountable oversight such as under the guidance of a well-planned New Deal, wouldn’t America experience an infrastructure renaissance? Great new railroads, safer reliable freight train systems, centrally planned power grid distribution networks, rejuvenation of public waterways, comprehensive drought planning, limits on toxic waste dumping and landfills—-all could be legislated and enforced as they once were. Today under the Republicans, such laws are contested in court or swept aside in the race for short-term profit.

Besides foreign wars and incessant military base-building overseas, foreign nations are seeking to ditch the dollar because of the ongoing tariff trade wars accelerated by Trump, and his style of imposing impetuous political arbitration, such as based upon an adversarial tweet or advertisement. It is inconvenient and frustrating to have to spend so much time and effort haggling, under threat of extortion, then also suffer the humiliation of additional logistical shipping disruptions and congestion sourced by the same. It is much more practical to find work arounds, even if it is illegal, or at least to anticipate lockdown contingencies.

Who is enforcing international trade law or humanitarian bill of rights inside of the United Nations anymore? It is run by the Rothschilds, whether through its communication director or via backdoors through its WEF lobbyists, representatives, and paid-for EU politicians. UN diplomatic staff are paid a handsome salary and retirement pension; the UN Secretary lives in the lap of luxury; when they retire they can find a teaching post, write books, become well-paid keynotes. They may retain other benefits such as database access, travel passes, and security protection. In return, they go through the motions of debate and fund UN Peacekeepers who are largely useless in preventing wars and genocide.

Meanwhile, the current debt, if taken for real, is worth over $100k for each citizen of the United States. As the Watson Institute “Costs of War Project” famously notes, the debt generated by military spending is toxic for the American public because so much less money recirculates inside the United States for communities. Too much of it is offshored and even re-leveraged for circulatory debt, in complete contrast with great social contract New Deal projects, where American workers earned and took home real pay with money to spend on family.

Quest to Save the Dollar Through Crypto

With foreign nations ditching the dollar, according to economic history forecasters like Economy Rewind, the dollar is set to be out of circulation by up to 40% by 2030. Countries within the BRICs are ditching sanctions and tariffs by doing trade in Yuan or commodity equivalents. In fact, this was how countries like Cuba saved itself in the past, by conducting trade by barter or setting up medical exchanges with Latin America after the oil and trade embargos imposed by the United States in 1960. But since America never likes this, it increases the penalties and sanctions, setting up a vicious cycle. Arguably going off the dollar or SWIFT system is even incentivizing for internal development just as it has been for Cuba and Russia. Nor has not deterred rogue nations from further investing in their own militaries.

At any rate, this kind of sanctioning has still proven effective in bleeding nations dry, whether Syria (now a criminal entity rabidly killing Christian believers), Yemen, Lebanon, Palestine, Iraq, or Libya. Neocolonialism continues by proxy, enriching those who are in the Club of the Abraham Accords. According to a recent Middle East Eye report, the “Sudan war has created web of arms and mercenaries,” whereby the UAE is using its American arms and administrative expertise to conduct proxy war in Sudan and beyond, gaining variously through the selling of arms to both sides in the civil war, with the acquisition of gold and other black trade goods, and accumulating more riches. It is also slicing down the Muslim Brotherhood, political disruptors who threaten the royal autocracy, in any country where it is accumulating political power: Egypt, Sudan, Syria, Lebanon, the Gulf region. It is craftily able to encourage Machiavellianism, just as the Syrian former IS leader, “al-Julani” President does today inside of Syria, in order to decrease societal egalitarianism.

But the UAE and the Saudis see the writing on the wall. If the dollar weakens, so will their proportions of income, and thus the need to diversify. This is why the hefty trade deals struck between U.S. trade representatives and Saudis and UAE during the Saudi-U.S. Investment Forum in May 2025 included so many of the “Tech Bros.” They included such luminaries as Scott Bessent (Treasury), Howard Lutnick (Commerce), Cristiano Amon (Qualcomm), Larry Fink (BlackRock), Gianni Infantino (FIFA), Andy Jassy (Amazon), Elon Musk (xAI, SpaceX), David Sacks (AI and Crypto Czar), Stephen Schwarzman (Blackstone), Ken West (Honeywell), and their ministerial counterparts, such as H.E. Khalid Bin Abdulaziz Al-Falih, Minister of Investment and H.E. Eng. Abdullah Alswaha, Minister of Communications and IT. Of course lower-tier billionaire President Donald J. Trump delivered a keynote address, and was appointed the co-chair of the GCC-USA Summit hosted by King Salman bin Abdulaziz Al-Saud, and co-chaired by H.R.H. Prince Mohammed bin Salman bin Abdulaziz Al Saud (known as MBS).

As AGN wrote in “US-Saudi Business Forum: Big Discussions“:

“They envision transforming the Gulf into a gleaming ‘Beacon on the Hill’ for ‘new funding models’ that will support new global investment flows which will in turn support ‘ambitious development projects.’ AI & Technology can profit from powerful new digital alliances with new cities housing hundreds of acres of data centers so that most of human kind can conduct all of its personal and professional business instantaneously using cloud infrastructure operating on quantum computing and generating answers from genius-IQ ChatBots. Banking and finance will also be done via Cryptocurrency with real-time trading and manufacturing and purchasing substituting for laborious human interactions.”

In fact, the biggest AI-technology agreement and transfer deals were struck with the United Arab Emirates (UAE), never mind that it is also an autocracy worthy of Al-Saud due to ancestral heritage, and that nearly 90% of its population are classified as immigrant workers with little hope of obtaining UAE citizenship. It is being awarded contracts to import 500,000 of the most advanced Nvidia AI chips every year through 2027, a new Qualcomm Global Engineering Center that will focus on AI, data centers, and industrial Internet-of-Things, so that they can be at the cutting edge for collaboration in “advanced connectivity, edge AI, and cloud computing solutions.”

That such a state obviously will use such investments to enhance their repressive police-state and security designed to keep all the noncitizens fearfully focused on their strenuous labors is not a humanitarian concern. AI can provide much in the way of access to real-time surveillance enhancement, digital geo-tracking, geo-netting, and mass-profiling. However the Arab nations are also incentivized by the startling rise of Elon Musk from $25 billion to richest-man-on-the-planet in just five short years, as charted by Dr. V.A. Shiva Ayyadurai. If trillionaire Musk was enabled by all kinds of fruitful speculative insider investments, including through Big Tech and Big Pharma stock and digital currency, the society has a right to be concerned.

Link to AI Bitcoin-Mining Risky

Big tech spending, speculation, no credit limit

Big Tech now issuing private bonds with borrowing favored by Trump Administration, figure by Bloomberg, shared by SeanFooGold

Arguably the rush to build data centers is less about large-language-models (LLM) and use of generative-AI than about mining for Bitcoin. According to The Solari Report, this is why the media are keeping mum: the drive is towards dollar-diversification and pegging to Bitcoin. Alt-media talks around it, but the Feds don’t want the public discovering its level of desperation to save the dollar. This is why, according to Bloomberg‘s Bureau of Economic Analysis, in 2025, capital investment on AI-related activities exceeds half of all investments. Big-Tech is even raising money through selling a record amount of private bonds, an estimated $239 billions worth in 2025. According to the Financial Times, in 2025, the Big Four (Amazon, Microsoft, Meta, Oracle) have spent over $320 billion in investment, most likely in data-center buildouts, in 2025.

What happens if all this investment fails to pan out? What happens when investors are left holding degraded junk bonds? 

According to podcasters SeanFooGold and World Affairs in Context, this AI bubble may pop if there are threats which lead to a global collapse or an implosion in investment value. This can happen because Trump and his administration have overplayed the hype while practically financially engineering full government support. Meanwhile this year alone, over a million American workers were laid off due to downsizing and restructuring in favor of AI-technology such as AI-software, robots, and office automation.

Figure shows vulnerability of GDP dominated by Tech, chart by JP Morgan

Tech economy driving 2% growth, 2025 | Chart by JP Morgan

When so many people are laid off, there are knock-on effects in related industries and businesses, and with the Trump Buy American Only mandates and his tariff wars, there may be critical shortages created in the supply chain that will crimp AI-data center development. For example, even such a simple thing as an adverse ruling by the Supreme Court regarding the legality of the Executive Office imposing its own tariff rules could pop the AI bubble because so much money will need to be paid back to countries who paid the tariffs that it would threaten those monies reinvested into AI data-center development. Trump also assumes that China will keep its verbal agreements to supply the US with all the rare earth minerals it needs to set up new microprocessor plants, which is a logic fallacy given that his Department of War keeps threatening Chinese shipping lanes.

Of course the Trump administration is now identifying and loosening global tariffs on all kinds of “necessities critical for the American consumer.” This includes coffee, bananas, computer hardware, steel, circuitry, rare metals, copper, aluminum, etc. Trump is too short-sighted to understand that other nations might still view America with a jaundiced eye when it keeps adjusting and raising and lowering product quotas according to “what benefits America only.” According to The Kobeissi Letter, the economy is indeed soft when in 2025 to date, there have been almost 660 bankruptcies filed primarily in industry, consumer discretionary, healthcare, consumer staples, and info-tech sectors. Another government shutdown (which is likely) will cripple small business supply chains further.

Trump is all in on AI-but how realistic is this? source bloombergNEF

Trump administration refuses to answer hard questions on AI Data Center funding and realistic growth projections | BloombergNEF

Worse, the present over-reliance upon projected growth in AI requires doubling the capacity of the energy grid to nearly 500 Terawatt-hours by 2035 in order to outcompete China, according to BloombergNEF. And this is even before the full impact of the Big Beautiful Bill (H.R. 1) and its adverse effects contribute to shedding of jobs, closing of medical clinics, loss of disposable income, and reduced local spending begins to hit.

From a technical and civil-engineering standpoint, as studied by Wendover Productions, the chaotic planning and distribution of AI data-centers are already beginning to create demand and loading irregularities that impact and harm appliances’ functioning and reduce their life-times. This is because location of these massive AI data-centers are not based upon what will benefit the overall power-grid or resource grid or long-term planned human economy. Rather, they are being built under emergency-order, based upon get-rich-quick returns, and special fast-track programs set up by the Trump administration that includes secrecy, bypassing public review, rapid permitting, and dedicated funding (through H.R. 1, for instance). No financial disclosure is needed (under SSFAS 56) if the data-centers fall under National Security or are considered “classified” information.

Technical Dystopia

The Trump administration is in too much of a rush to consider any ill effects of poor planning and site location. By cutting through all the “red tape” in land acquisition, site development, permitting, environmental studies, public hearings, noise studies, concerns about local water supply, or increased costs in utilities, it increases the risk for new “Alligator Alcatraz” type disasters. Facilities drawing from local resources risk endangering utilities such as the local electrical supply system. For instance, because data-centers aggregate energy use in such high amounts, if there is a solar storm or other triggering event, it can destabilize the flow of current for emergency services and cause further blackouts. It can subtract from the local aquifer potential in an area already undergoing desertification, particularly in Arizona or in Southern California, then passing the costs to the local irrigation districts, the farmers, and the next generation.

In fact, because data-centers where Bitcoin mining and generative-AI (LLM) take place require as much power as small cities, such as 50MW worth minimum, they practically need their own power-generation. This is why Microsoft, Amazon, and others are rejuvenating abandoned nuclear power plant sites or building small nuclear power reactors (SMRs). However the fact is that in the United States today, there are no working SMRs, as they are a technology that is still decades from being realized. As World Affairs in Context points out, what happens if AI-technology “grows past” its current benchmark, or new completely different, such as cellular-based technologies, are discovered?

With record hundreds of billions of dollars being invested in AI and a million of people laid off in 2025 alone, how can this continue before the government is in deeper debt than ever? What are the Tech Bros willing to risk in nuclear and safety shortcuts and in freedom from accountability in the rat-race to mine the most Bitcoin? How will they ever face it down if they are held accountable for the biggest bubble pop in financial history? Or are they just counting on everyone transferring to Stablecoin to bail them out?

Because the Trump administration does not like to confront, let alone answer any hard questions (especially from female reporters), it risks crashing the economy in the cause of MAGA. This would indeed be a heavy irony, but the fact is that Trump administration is all-in on the crypto-wave because his family (DTO) and cronies having profited enormously from sales of Trump meme coins, exchanges through World Liberty Financial, and American Bitcoin platforms. With such blatant ignorance of the Foreign and Domestic Emolument Clauses, no wonder citizens are demanding that the Trump administration be held accountable for gross conflicts of interest involving cryptocurrency transactions, foreign real estate deals, and gifts from business conglomerates.

No wonder if the U.S. citizen, surveilled, monitored, laid off, living in a digital cage, and stuck with non-FDIC-insured digital coin thinks, as George Carlin famously jokes: “It’s a BIG Club, and you ain’t in it!

Article and opinion expressed by Christine H. Kroll, P.E., M.A.