Doomscroll News

Tag: finance

  • The Unholy Alliance: Are Goldman Sachs and Apple Secretly Stockpiling Gold?

    Disclaimer: The following is a speculative theory presented for discussion only. It is not based on factual research and is not intended to be a statement of fact.

    Here’s a thought: What if Goldman Sachs’s recent bold prediction of $5,000 gold is a strategic move? They have a massive financial partnership with Apple through high-yield savings accounts. At the same time, Apple’s need for physical gold for its semiconductors is ever-increasing.

    Could Goldman be creating a public narrative to sell the idea of gold to everyday investors, while in the background, they work with Apple in a kind of “unholy alliance” to use their financial machinery to build a massive, stealth stockpile of physical gold? This would secure Apple’s future supply chain for a critical mineral, potentially leaving the average investor holding the bag. It’s a sneaking suspicion that this could be a form of financial engineering hiding in plain sight.

  • Satoshi’s $140 Billion Ghost: The ‘Made in China’ Problem with Crypto’s Gold Rush

    On one side, you have the absolute control of the Federal Reserve system, which can de-bank citizens for protesting government mandates. Take the Canadian truckers who opposed COVID-19 vaccine requirements, whether it was the failed Johnson & Johnson shot they pulled, Russia’s Sputnik V, or China’s Sinovac. On the other side, you have the equally ridiculous, sketchy reality of today’s cryptocurrency, where the entire system is deeply flawed.

    Arguably the biggest problem is the ghost founder. Even now, in September 2025, no one has a clue who Satoshi Nakamoto is. This anonymous creator is sitting on a wallet containing an estimated 1.1 million bitcoins that has never been touched. Depending on the market’s wild swings, that stash is worth somewhere between $125 billion and $140 billion. This isn’t some quaint mystery; it’s a ticking time bomb at the heart of the ecosystem. This single, unknown entity holds enough power to crash the entire market with a single transaction, making a mockery of the whole idea of “decentralization.”

    This fundamental flaw is matched by a very tangible problem: the centralization of power in the hardware. It’s a modern gold rush, but the only company selling the shovels and axes, the ASIC miners, is China. Their near-total dominance over manufacturing creates a massive vulnerability that directly impacts the individual prospectors.

    YouTuber VoskCoin provides a perfect case study of this broken system. Despite a huge following with sponsors and YouTube revenue, he has still spent probably hundreds of thousands of dollars to build his “family farmer” crypto operation, and he has documented the shady practices of Chinese ASIC manufacturers. He points out that miners ordered from China frequently arrive with no warranty, and there’s widespread suspicion that manufacturers “pre-mine” on the machines, selling them to the public only after their most profitable days are over. Many of these high powered ASICs require specialized immersion cooling fluid to operate, but using it often voids the warranty you likely never had in the first place. He has also warned his followers about rug pulls in the ASIC minable coin space, like the situation around Alephium (ALPH), where new miners are hyped up and then fail to deliver.

    The financial and operational risks for an independent miner are astronomical. VoskCoin has shared electricity bills as high as $18,000 and recently suffered a catastrophic lightning strike that wiped out a huge chunk of his mining capacity. He attributes the failure to his own self-admitted ignorance in not ensuring the proper grounding was installed, a costly mistake in this high-stakes environment. This harsh reality starkly contrasts with the industrial scale mega operations, like the one connected to Hut 8, that have corporate backing.

    This exposes the raw truth of the crypto dream for the average person. It’s a field where the essential hardware is controlled by foreign companies with questionable ethics, and all the risk is pushed onto individuals. It’s unclear under what authority a president could reveal Satoshi Nakamoto’s identity, but perhaps that level of shock is exactly what’s needed to force a national conversation about the sketchy foundations of the whole system. We have to find a path that balances financial privacy with the clear and present dangers of a system so heavily dominated by a single foreign power. Let’s just hope the final solution isn’t also “Made in China.”

  • Precision Doctrine: Re-evaluating Digital Assets from Peacetime Liability to Wartime Strategic Reserve

    Precision Doctrine: Re-evaluating Digital Assets from Peacetime Liability to Wartime Strategic Reserve

    David’s Note: This article was substantially revised on October 12, 2025 to incorporate new research and provide a more comprehensive analysis.

    Executive Summary

    This report argues that the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act represents a fundamental misinterpretation of digital asset technology’s strategic value. The Act integrates stablecoins into the peacetime financial system to foster innovation. However, this policy creates a significant national security liability. It strengthens a global infrastructure that adversaries exploit for illicit finance and sanctions evasion.

    The core argument is that the technology’s decisive value is not in peacetime commerce. Instead, its highest and best use is as a strategic military asset reserved for times of declared conflict. This analysis examines the GENIUS Act, the arguments of its proponents and opponents, and the extensive evidence of security threats posed by the peacetime proliferation of cryptocurrencies.

    As an alternative, this report proposes a “Wartime Digital Asset Act.” This framework would restrict the peacetime use of public cryptocurrencies. It would simultaneously develop the underlying technology as a strategic military reserve. This capability would be activated only upon a declaration of war by Congress for critical applications. These include resilient command and control, secure logistics, and wartime finance.

    The report concludes that true technological leadership requires the precise application of innovation to its most decisive purpose. In this case, that purpose is to serve as a reserved instrument of national power.

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  • The Debt is a Cancer, Not a Curve to Be Flattened

    The Debt is a Cancer, Not a Curve to Be Flattened

    The analogy comparing the national debt to the COVID-19 “flatten the curve” mantra is a profoundly misleading and dangerous simplification of the crisis we face. The comparison is particularly flawed when one recalls the data inconsistencies during the initial wave of COVID-19. In early 2020, many observers noted with suspicion that official data from sources like Johns Hopkins University showed a startlingly low number of recoveries in the United States. This data “weirdness,” born from the chaos of tracking a novel virus in real-time, highlights a key difference: the COVID-19 curve was a matter of incomplete, real-time data, while the national debt curve is a matter of precise, cumulative accounting.

    The national debt isn’t a virus that will simply “burn out” or be defeated by a short-term, emergency response. It is a chronic, metastasizing cancer on the body politic, the result of decades of policy decisions. Proposals for a “debt ceiling app” or other simple fixes are shortsighted political theater. Congress has repeatedly demonstrated its willingness to raise the debt ceiling, rendering it more of a talking point than a genuine constraint.

    The real technological revolution that offers a path forward is not in financial gimmicks, but in artificial intelligence, LLMs, and robotics. Their promise is not magical “growth,” but something far more valuable: the ruthless elimination of waste, fraud, and abuse. The potential for automation to overhaul the medical and insurance industries—the true drivers of our debt—is immense. Imagine humanoid robots, like Tesla’s Optimus, providing comprehensive elder care. These machines could handle everything from showering a grandparent to monitoring their vitals, ending the soul-crushing and financially ruinous nursing home industry. This isn’t science fiction; it is a necessary step to slash the costs that are bankrupting our nation.

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  • Information Blockade: A Flawed System, Tainted Actors, and the COVID-19 Response

    Information Blockade: A Flawed System, Tainted Actors, and the COVID-19 Response

    A defective system governing taxpayer-funded research, coupled with questionable corporate actors, hampered the nation’s ability to respond to the COVID-19 crisis. This information blockade had dire consequences, not only for public health but also for the very companies that were supposed to be at the forefront of innovation.

    The problem stems from a long-standing policy that has prioritized corporate profits over public access to critical information. In 2013, the Obama administration’s White House Office of Science and Technology Policy (OSTP), then led by Director John P. Holdren, issued a memorandum entitled “Increasing Access to the Results of Federally Funded Scientific Research.” This memo established a 12-month embargo period, allowing publishers to lock away taxpayer-funded research for a full year.This delay, a significant impediment in a rapidly evolving public health crisis, was a compromise to appease the highly profitable academic publishing industry.

    This dysfunctional system created a breeding ground for opportunism and mismanagement.

    • Delayed Access, Stalled Innovation: The 12-month embargo meant that crucial data on clinical trials, epidemiological models, and virology was often obsolete by the time it became freely available. This left not only the American public in the dark, but also the very companies developing diagnostic tools. The Freedom of Information Act (FOIA) process, which should have provided a swift path to public data, was also rendered ineffective, with requests for vital information stalled for years, well beyond the supposed two-week turnaround for a clear and present danger.
    • Corporate Casualties and Questionable Practices: The story of Lucira Health exemplifies the devastating consequences of this information bottleneck. The company, which developed a promising combined COVID-19 and flu test, was financed by Silicon Valley Bank (SVB) and Hercules Capital, securing a debt facility of up to $80 million. However, Lucira was forced to file for Chapter 11 bankruptcy after a slower-than-anticipated FDA Emergency Use Authorization (EUA) process for its new test created a fatal cash crunch. Pfizer then acquired the company’s assets for a mere $36.4 million. The collapse of SVB, which held deposits for numerous Chinese companies, has also raised concerns. Treasury Secretary Janet Yellen confirmed that uninsured depositors in SVB, including those with ties to the Chinese Communist Party, would be made whole by the American banking system. This has led to questions about potential conflicts of interest, especially given the belief that the COVID-19 virus originated in a lab in Wuhan, China.
    • A System Admitting Failure: In a tacit admission of the system’s shortcomings, the White House OSTP issued a new memo in August 2022, mandating that all taxpayer-funded research be made freely and immediately available by the end of 2025, effectively ending the 12-month embargo. While a welcome change, this comes as cold comfort for the companies and the public who were failed by a system that prioritized profits and secrecy over transparency and innovation during a critical time of need.

  • The Phoenix Blueprint: A Health Plan to Erase the National Debt

    The Phoenix Blueprint: A Health Plan to Erase the National Debt

    Our nation is on life support. A $37 trillion national debt is not a number; it is a mortal wound. At the heart of this fiscal cancer lies a bloated, failed healthcare system that acts as a conveyor belt to national bankruptcy. Tinkering is over.

    This is The Phoenix Mandate, a declaration of war on the debt that threatens to extinguish America. It is a national survival plan built on five pillars of strength, innovation, and absolute, non-negotiable accountability.

    Pillar 1: Forging the Resilient Citizen & The American Sovereignty Rider

    We will end the religion of constant, wasteful care by fostering a culture of health independence. A key part of this is embracing the Personal Health Revolution, led by devices like the Apple Watch, which put the power of a lab on your wrist.

    However, we recognize that the supply chain for these critical devices represents a dangerous vulnerability to our adversary, China. This is unacceptable.

    The American Sovereignty Rider: If any adversary threatens our access to the critical components for these devices, the President will immediately invoke the Defense Production Act. A national mandate will be issued to a new coalition of loyal American companies, led by the chip-making power of Intel and the advanced manufacturing of Corning. They will be directed to produce a “Sovereign Device”—a secure, American-made digital lifeline to guarantee every citizen access to essential health monitoring. We will not allow our national health to be held hostage.

    Pillar 2: Bringing Our Elders Home

    The modern nursing home is a moral and financial catastrophe. We will dismantle this cruel and inefficient model. The second pillar of the Phoenix Mandate is to empower our elders to age with dignity in their own homes through a technology-driven revolution in elder care, deploying telepresence robots, smart home safety nets, and an on-demand system of human care that provides better results at a fraction of the cost.

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  • My Vision for a Stronger America, Beyond the OBBB

    Prioritize the Need for a New American Fiscal Nationalism & Continue Building a Fortress America Economy: A 15% baseline tariff and sweeping deregulation are not just good ideas; they are necessary defensive measures. While they won’t single-handedly slay the $37T debt dragon, they are the foundational armor for a “Fortress America” economy.

    The $37 Trillion Elephant: Neither party has a plan to pay the debt.

    Investigate the China-California Connection: Deep-dive into how California’s state debt and business ties with Chinese entities create a national security vulnerability.

    Illinois & New York: Blue State Debt Bombs: Unfunded liabilities and corruption in states led by figures like @GovPritzker Gov. Pritzker are a key aspect of the national crisis.

    Saudi Vision 2030: The World’s Most Expensive PR Campaign: The Public Investment Fund’s acquisition of companies like Scopely isn’t about innovation; it’s about their deliberate pursuit of user data. This positions them to monitor our movements, creating a future where digital tracking could easily enable real-world stalking.

    Understand that Political Theater is the Real Insurrection: The political theater in D.C. is the primary cancer. It’s a managed spectacle that provides cover for the real, coordinated erosion of American sovereignty.

    The @SenFettermanPA (Sen. Fetterman) –@marklevinshow (Mark Levin) Doctrine: A pro-Israel, anti-Ayatollah stance is the only coherent foreign policy for national security.

    The @RepThomasMassie (Rep. Massie) –@Ilhan (Rep. Omar) Red Line: Bipartisan efforts to limit executive “war” powers… are a dangerous abdication of responsibility.

    Beyond Counterfeit Cryptocurrency & The Corrupt Old Guard: The post-2008 distrust in the established financial order is justified. But cryptocurrency is not the answer; it’s a digital counterfeit designed to profit from chaos. The real path forward is outside both of these failed systems: a return to productive, asset-backed economics.

    The Hypocrisy of “Stablecoins”: We need to debunk the myth of stability and expose their role in facilitating capital flight from America.

    Critique Cryptocurrency’s Role in the National Debt: Institutional adoption of BTC/ETH/etc. creates a shadow monetary system that undermines the dollar.

    Look Into the Mechanics of Sharia-Compliant Finance: Expose how deals with nations like Qatar and Saudi Arabia introduce legal and financial systems that are antithetical to U.S. economic principles.

    Take a Stand for Authentic Discourse: Public officials should actively curate their audience to prioritize verified, real individuals.

    Deconstruct “Sound Money”: Bitcoin isn’t the new gold, but the new Confederate Dollar.

    … AND A “DREAM ON” WISH LIST:

    Look Into the Qatar Gift Horse: Analyze the “gift” of an Air Force One jet as a symbol of foreign influence at the highest levels.

    Fire Engineers: A ruthless platform approach to platform integrity (purging bots) is more important than internal harmony at a tech company.

    Truth Social’s Bot Problem: Even “alternative” platforms are failing to provide authentic spaces for discourse.