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North American grocery wholesaler United Natural Foods (UNFI), the primary distributor for Whole Foods Market, has been hit by a cyberattack that temporarily paralyzed U.S. operations. The company is working to restore systems by the weekend. The disruption has already led to reports of empty shelves at some Whole Foods locations due to delayed shipments.

Last Thursday, UNFI revealed in a filing with the U.S. Securities and Exchange Commission that it "activated its incident response plan and implemented containment measures, including proactively taking certain systems offline," after uncovering unauthorized network activity on its systems. 

"The incident has caused, and is expected to continue to cause, temporary disruptions to the Company's business operations," the Form 8-K continued, adding, "The Company is working actively to assess, mitigate, and remediate the incident with the assistance of third-party cybersecurity professionals and has notified law enforcement."

Fast forward to Monday, UNFI told customers in an email obtained by Bloomberg that it was "working toward the goal of returning to full operational capacity by Sunday or sooner," while apologizing for the disruption.

What's happened so far (via Bloomberg): 

• Operations Halted: UNFI shut down all business systems, including ordering and shipping, after detecting intruders in its network.

• Customer Impact: Forklift operators were sent home, and some resumed work using pen-and-paper systems. Clients like National Co+op Grocers made special requests to keep top-selling products moving.

• Response: UNFI is working with cybersecurity firm CrowdStrike and has reported the incident to the FBI. CEO Sandy Douglas said the situation is being handled by "a strong team of experts."

• No Payroll Disruptions Expected.

• Whole Foods: Confirmed supply disruptions; shelves in some Manhattan stores were visibly empty. 

UNFI CEO Sandy Douglas informed investors during a Tuesday earnings call that intruders had compromised its IT systems, and backend systems related to the supply chain were down. 

"We believe we are managing the incident capably with a very strong team of inside and outside professionals, including specialized experts," Douglas said, adding, "We will continue to keep our customers, suppliers and associates regularly updated on our progress and next steps."

Bloomberg reported that at least one Whole Foods location in Manhattan had partially empty shelves as a result of the disruption.

X users report disruptions...

At Whole Foods just now. Lotsa shelves empty

I asked what’s going on. One of the largest food distributors in the US got cyberattacked

That’s umm troubling the food supply can be disrupted this way pic.twitter.com/GG9UsftcI4

Tech blog BleepingComputer noted about the increasing cyber threats targeting America's food supply chain:

UNFI is just the latest company in the food industry to have been breached in recent years. For instance, in March, ​Walmart-owned warehouse supermarket chain Sam's Club disclosed it was investigating claims of a Clop ransomware breach. Food giant JBS Foods, the world's largest beef producer, also paid an $11 million ransom in 2021 after a REvil ransomware attack forced it to shut down production at multiple sites worldwide.

The key takeaway: UNFI's cyberattack underscores the fragility of the U.S. just-in-time supply chain and its heavy reliance on vulnerable IT infrastructure. 

Our view—well known to readers—is clear: Take control of your food supply. Whether that means planting a garden, raising chickens, or building direct relationships with local ranchers and farmers, the message is the same: stop relying on globalist multinational corporations. 

Jefferies Financial Group is ramping up its outsourced trading business by hiring 17 new traders, aiming to tap into the growing trend of asset managers looking to cut costs and expand their trading capabilities, according to Bloomberg.

The firm has already recruited nine traders and plans to hire eight more, extending its services to fixed-income products in addition to its existing equities desk.

This expansion comes as more asset managers consider outsourcing their trading operations. UBS’s exit from the outsourced trading business earlier this year has opened opportunities for competitors to gain market share. “A main theme has been the increase in the larger asset managers looking at this,” said Amy Thorne at Northern Trust. “This is not just a cost play.”

Outsourced trading allows money managers to execute trades during busy periods, access new markets, or even replace their entire trading divisions. Advocates say it provides better pricing and access to major counterparties, while critics worry it could erode market knowledge and relationships.

Jesse Forster at Crisil Coalition Greenwich said, “The buy-side’s doing more with less these days. So those hesitancies are wearing away, but there is still an element of: ‘Hey, I’m giving up a little bit of control. Is my boss going to like them better than me? Are they going to do too good of a job?’”

Bloomberg writes that to address potential conflicts, Jefferies stresses that its outsourced traders operate independently. “The information barriers we have in place ensure full segregation of order flow,” said Dean Gray, Jefferies’ head of international outsourced trading.

Other firms are also entering the market. Clear Street has hired six traders so far, with plans to grow to 20 within 18 months. Cantor Fitzgerald is expanding its offering to crypto, while Northern Trust and Marex Group are scaling up globally. “They don’t have to build their own infrastructure and capability, that’s what these firms are plugging into,” said Jack Seibald at Marex.

Data from a 2024 State Street survey shows nearly three-quarters of institutional investors plan to use outsourced trading for foreign exchange, and 67% plan to use it for derivatives.

Rebecca Crowe at Bank of New York Mellon said, “Eventually the drive for returns and client outcomes has to win.”

Weeks after Germany decided to reverse course and 're-embrace' nuclear power following their supreme idiocy on the matter, the UK government announced on Tuesday that it would invest 14.2 billion pounds (US$19.3 billion) to build a new nuclear plant in the southeast of England.

Sizewell B nuclear power station, in Sizewell, England, on Sept. 1, 2022. Chris Radburn/AFP via Getty Images

The move was revealed by the Department for Energy Security and Net Zero as part of its broader spending review, which will lay out priorities for the next four years.

The new plant, named Sizewell C, will be located in Suffolk county, and is predicted to create around 10,000 jobs during construction, according to a government statement. Once operational, it will create enough electricity power roughly 6 million homes.

"We need new nuclear to deliver a golden age of clean energy abundance, because that is the only way to protect family finances, take back control of our energy, and tackle the climate crisis," said Energy Minister Ed Miliband. "This is the government’s clean energy mission in action, investing in lower bills and good jobs for energy security."

As the Epoch Times notes further, the UK has also been tapping up new investors to fund the construction of Sizewell C, but no new partners were mentioned in the announcement.

Neither the total cost of construction nor a date for expected completion has been announced.

Sizewell C was originally an EDF Energy project but is now majority-owned by the British government, with EDF Energy a minority shareholder.

EDF Energy is the British arm of Électricité de France (EDF), which is wholly owned by the French state.

The UK government’s stake was 83.8 percent and EDF’s stake was 16.2 percent at the end of December, EDF’s financial results showed in February.

Sizewell C would be just the second new nuclear plant built in Britain in more than 20 years, after another EDF project, Hinkley Point C, which was first announced in 2010.

Hinkley Point C, based in Somerset, southwest England, has been beleaguered by delays and budget overruns and is currently expected to come online in 2029.

Sizewell C would be the third power station built on the site after Sizewell A and Sizewell B, both of which are currently in the process of being decommissioned.

The Department for Energy Security and Net Zero also announced that it had picked Rolls-Royce SMR to build Britain’s first small modular reactors (SMRs).

About 2.5 billion pounds ($3.4 billion) of government funds will be dedicated to the SMR program over the next four years, in a bid to get one of Europe’s first small-scale nuclear industries going.

SMRs are usually around the size of two football fields and composed of parts that can be assembled in a factory, making them quicker and cheaper to build than conventional plants.

The moves by Britain come amid a renewed interest in nuclear power across Europe, sparked by spiraling energy costs due to the ongoing war between Russia and Ukraine, which is hampering the continent’s supply of natural gas.

European Commission President Ursula von der Leyen said in a keynote speech in August 2024 that the European Union needed more nuclear power.

As Israeli Prime Minister Benjamin Netanyahu's ruling government coalition stands on the brink of being toppled by a bill that would dissolve the country's parliament and force new elections, US ambassador to Israel Mike Huckabee has controversially inserted himself into the country's domestic affairs by lobbying ultra-Orthodox members of Netanyahu's coalition -- urging them to rethink their plans to vote in favor of the measure.

The rebellion by the ultra-Orthodox parties springs from their anger over the prospect of ultra-Orthodox youth being included in the country's military draft -- after having been exempt from conscription since Israel's 1948 founding. Last summer, Israel's Supreme Court ruled that the government must start drafting the Haredi men, who typically dedicate their entire lives to religious study. Since then, the ultra-Orthodox have been pushing hard for the Knesset to pass legislation to render the Supreme Court decision on the subject moot. With the IDF poised to conscript 54,000 Haredi yeshiva students in July, the parties have been boycotting various votes and are now poised to tip the scales in favor of new elections. 

US Ambassador to Israel Mike Huckabee (

According to polling, Netanyahu would be thrown to the curb in a new election. Enter Huckabee. The former Arkansas governor and fervent Evangelical Christian Zionist has been meeting with senior Haredi politicians, imploring them to give Netanyahu more time to solve the draft crisis. His pitches reportedly include a caution that “government stability is important for dealing with the Iranian issue.” (Pursuing a resolution of tensions over Iran's nuclear program, Trump administration diplomats will have a sixth round of talks with Iranian counterparts on Sunday in Oman's capital, Muscat.) Another report has Huckabee telling ultra-Orthodox leaders that "Washington will have difficulty supporting Israel during an election period," though it isn't clear what means, exactly. 

As you might expect, Huckabee's intervention isn't appreciated by opposition members working to trigger new elections. Opposition Leader Yair Lapid diplomatically said he hoped the reports were untrue: 

“Since I have no doubt that Ambassador Huckabee respects Israel’s independence and its democracy, I hope and believe that the report that he is interfering in Israel’s internal politics and trying to help Netanyahu [deal with] the ultra-Orthodox in the military draft law crisis are not true. Israel is not a protectorate.”

Yair Lapid, leader of the centrist opposition Yesh Atid party and prime minister for six months in 2022, said Huckabee would be wrong to interfere in Israel's internal politics (AP photo)

So far, Huckabee has been tight-lipped about his machinations. “He is holding meetings with various Israeli figures. The content of those conversations remains private,” a Huckabee spokesperson told Channel 13. The outlet reported that Netanyahu is aware of Huckabee's lobbying and is pleased about it. Huckabee has long been aligned with right-wing, expansionist elements in Israel. “I consider [the two-state solution] no solution whatsoever,” he told a Republican Jewish Coalition audience in 2015, insisting that Israel has a "God-given...title deed" to all the land it controls -- including the West Bank -- or, as he insists on calling it, "Judea and Samaria." 

Mike Huckabee, after being named Ambassador to Israel by Trump, declares "there is no occupation" of Palestinian territory by Israel. Rather, Israel has had the "rightful deed" to the territory since the days of Abraham. He says he'll be using Biblical terms like "Promised Land" pic.twitter.com/hRjlMpwcBM

The measure to dissolve the parliament was introduced last week by Israel's largest opposition party. There are 120 seats in the Knesset, and Netanyahu's coalition controls 68 of them. Of his coalition, 18 come from Israel's two main ultra-Orthodox parties, which means their defection would guarantee the dissolution of the Knesset and a new round of elections. Last week, two spiritual leaders of a faction of the ultra-Orthodox United Torah Judaism Party instructed members to move forward with an attempt to topple Netanyahu's government over the draft issue.

Netanyahu has been also been making the rounds with ultra-Orthodox Knesset members. On Monday, Israel's Channel 12 quoted Netanyahu as telling Haredi lawmakers, “We are in a dramatic period. There are extraordinary challenges on the table. This is a historic window of opportunity that will not return, and therefore, under no circumstances should the foundations of the government be shaken.”

Authored by Paul Thacker via The DisInformation Chronicle,

Senior officials inside the NIH are working to shut down a Tony Fauci initiative launched in 2020 called the Centers for Research in Emerging Infectious Diseases or “CREID.” Meanwhile, attorneys inside the Justice Department have launched initial inquiries into one of the CREID grants awarded to Scripps Research Institute researcher Kristian Andersen, who is now in the process of fleeing the United States for a position being created for him at the University of Oslo.

NIH Director Jay Bhattacharya did not respond to repeated requests for comment, but an NIH spokesperson confirmed the agency is shutting down the CREID grants. “Though the grants have been properly terminated, money will be released to the grantees to assure safe shutdown of these programs in terms of biosafety and security,” said an NIH spokesperson, adding that pandemic preparedness remains important but the dangers of health comorbidities in infectious disease outbreaks was further underlined during COVID. “Strengthening overall health through proactive disease prevention offers a more resilient foundation for responding to future health threats—beyond reliance on vaccines or treatments for yet-unknown pathogens.”

Tony Fauci announced the formation of CREIDs in 2020, awarding 11 grants worth around $17 million, with $82 million in expected funding in succeeding years. NIH did not explain how much of the $82 million slated for CREID had already been spent. Two CREID grantees have been the focus of intense scrutiny since Fauci’s announcement: Peter Daszak of the nonprofit EcoHealth Alliance and Kristian Andersen of Scripps.

Daszak was later discovered to have undisclosed ties to the Wuhan Institute of Virology (WIV), having provided an NIH subaward to WIV researcher Shi Zhengli. At the close of the Biden Administration, the Department of Health and Human Services (HHS) finally debarred EcoHealth Alliance and Peter Daszak from receiving federal funds, in part because “in response to NIH’s multiple safety-related requests” EcoHealth Alliance had not provided WIV records.

Andersen also faced close inspection for his CREID grant. Some months before Fauci gave final sign off on Andersen’s CREID award, Andersen and other researchers published a paper in Nature Medicine titled, “Proximal Origin” that dismissed the possibility of a Wuhan lab accident. Andersen’s paper was widely hailed by scientists as proof, at the time, that discussions of a COVID lab accident was a conspiracy.

Nature Medicine’s editor-in-chief, Joao Monteiro, tweeted that the “Proximal Origin” paper “put conspiracy theories” about the pandemic’s possible lab origin to rest.

Andersen echoed Monteiro’s statement days later, associating “conspiracy theorists” worried about a possible lab accident with people who doubt the Moon landing.

The paper would go on to become one of the most heavily cited scientific papers in 2020. However, emails made public through freedom of information act requests and by congressional investigators later found that the papers’ authors had run it past funders—Collins and Fauci at the NIH, as well as with Jeremy Farrar, then at the Wellcome Trust and now with the World Health Organization.

Congressional Republicans later charged that Fauci had helped orchestrate the paper, while House Democrats pointed the finger at Jeremey Farrar, publishing a report that concluded Farrar helped “organize and facilitate” and “led the drafting process of the paper.”

The group BioSafety Now has demanded Nature Medicine retract the “Proximal Origin” paper, calling it a “a product of scientific misconduct.” Two weeks ago, The DisInformation Chronicle reported that the Justice Department began an initial inquiry into the paper, sending Nature Medicine a list of questions that included, “How do you handle allegations that authors of works in your journals may have misled their readers?” The existence of the Justice Department letter to Nature Medicine had not been previously reported.

Justice Department officials opened the inquiry as they suspect the paper may have been a quid pro quo, published by the authors to dismiss the possibility of a lab accident in exchange for the Fauci CREID grant. Andersen addressed these bribery allegations two years ago during a congressional hearing.

“There is no connection between the grant and the conclusions we reached about the origin of the pandemic,” Andersen wrote in sworn testimony to Congress in July 2023. “We applied for this grant in June 2019, and it was scored and reviewed by independent experts in November 2019.”

The Intercept later reported that Andersen “knew that was false.” NIH records show the Fauci CREID grant to Andersen wasn’t finalized until May 21, 2020, two months after Andersen published “Proximal Origin” in March 2020.

Misleading intelligence agencies

Justice Department officials are also likely to examine Andersen’s possible role in misleading US intelligence agencies. A week after Nature Medicine published “Proximal Origin,” the State Department’s Bureau of Intelligence and Research (INR) published an intelligence report that circulated inside security agencies. First reported by The DisInformation Chronicle, the INR report is marked “UNCLASSIFIED/FOR OFFICIAL USE ONLY.”

The INR report documents a briefing that non-government scientists gave to State Department officials, downplaying the possibility of a Chinese lab accident and citing the “Proximal Origin” paper. The names of the scientists who briefed State remained unknown until a couple years ago, when emails found that one of the scientists was Kristian Andersen, who is apparently a citizen of Denmark, not the US.

“Did we have a foreign national parading into the intel agencies and convincing senior officials to not look into a matter?” said a State Department official who is not cleared to speak to the media. “That’s a counter intelligence matter. We need a professional law enforcement investigation.”

Andersen’s involvement came to light in a late 2020 email sent by State Department official David Feith in which Feith wrote that Andersen had briefed State for their March 2020 INR report. “In fact, I'm told that in a briefing organized by INR earlier this year, [Andersen] said that several features that had initially raised questions in his mind were subsequently put to rest by more detailed analysis,” Feith explained by email. “Notably, it was that subsequent follow-on analysis, referred to by Anderson in the INR discussion….”

Based on the briefing by Andersen and colleagues, State’s INR report concluded there was no evidence the virus originated in a lab. “U.S. scientists said that while they cannot completely rule out that scenario, it was improbable and not supported by available evidence.”

But on April 16, 2020, a month after briefing the State Department, Andersen sent a Slack message to his “Proximal Origin” co-authors. This message contradicts what scientists told the State Department.

“I’m still not fully convinced that no culture was involved,” Andersen wrote his co-authors, a month after briefing State that a lab accident was not supported by evidence. “We also can't fully rule out engineering (for basic research).” Andersen added that a critical part of the virus called the furin cleavage site “still could have been inserted” into the virus.

Researcher Andreas Martin Lisewski with Germany’s Constructor University published a recent study supporting Andersen’s suspicion that a furin cleavage site was inserted into the COVID virus called SARS-CoV-2. After analyzing the sequence, Lisewski concluded the SARS-CoV-2 furin cleavage site came from a laboratory-constructed MERS virus. Although legacy media have ignored these findings, virologist Christian Drosten of Charité University in Berlin presented these conclusions that the SARS-CoV-2 virus was not natural at a World Health Organization meeting last February.

“I don’t see how this not a criminal misleading and counterintelligence matter,” said the State Department official. “This is way beyond the threshold needed for a grand jury.”

During a sworn congressional deposition, Andersen testified that he also briefed the CIA and FBI, although the nature and timing of those discussions is unclear.

As the noose continues to tighten on Andersen, he has been looking to move outside the United States and has apparently found a new home at the University of Oslo. The move would be a precipitous fall in status for Andersen, as Scripps Research Institute has been ranked as one of the most influential scientific programs in the world.

Andersen did not respond to questions and repeated requests for comment sent to his Scripps email.

Finding refuge

“I have heard from several sources that there is an ongoing effort from a group of scientists at the University of Oslo to recruit Andersen, and that this might be finalized in the near future,” said Sigrid Bratlie, a molecular biologist and senior advisor at Norway’s Langsikt Policy Centre.

The campaign to find a position for Andersen at the University of Oslo apparently began last October when professors Anne Spurkland, Rein Aasland, and Nils Christian Stenseth invited Andersen to give a lecture on the Oslo campus. Nelseth has long trumpeted Andersen’s research. In 2021, he published a paper with WIV scientist Shi Zhengli that dismissed the possibility of a Wuhan lab accident, citing Andersen’s “Proximal Origin” paper.

Covering the “facts and the fiction” of the COVID pandemic, Andersen claimed during the October lecture that critiques of his research were mere political attacks that had been spread by conspiracy theorists, naming two Oslo researchers sitting in the audience: Sigrid Bratlie and Gunnveig Grødeland, a professor at the University of Oslo.

Andersen’s Oslo talk was sponsored by the Norwegian Society for Immunology which later released an apology. “Kristian Andersen’s lecture concluded by asserting that, based on his findings, SARS-CoV-2 necessarily originated from an animal at the Wuhan wet market,” the statement reads. “In retrospect, unfortunately, it seems the purpose of his lecture was just as much about stopping the free debate in Norway on this topic.”

Undeterred, Stenseth, Spurkland and Aasland then helped nominate Andersen for membership in the Norwegian Academy of Science and Letters. Two months ago, the Academy accepted Andersen’s nomination.

The exact position being created for Andersen at the University of Oslo is unclear. Stenseth, Spurkland, and Aasland did not respond to questions and repeated requests for comment sent by email. University of Oslo officials also contacted by email did not reply.

Andersen’s arrival in Oslo is likely to be greeted with some trepidation. Last week, Bratlie published a book to positive reviews in Norway titled, “The Wuhan Mystery – the hunt for the origins of the covid pandemic.” Bratlie’s book argues that the pandemic likely started from a lab accident in Wuhan, evidence that was then covered up by international scientists to protect reputations, jobs, and funding. This cover-up, she argues, impedes society’s ability to prepare for future pandemics.

Bratlie said that scientists have legitimate worries about the current climate for research in Trump’s America, but these concerns should be balanced with the need to protect democratic principles and academic integrity.

“I would be absolutely devastated on behalf of Norwegian academia if this recruitment happens,” Bratlie said of the University of Oslo’s bid to bring Andersen to her country. “If Andersen has contributed to a cover-up of the origins of the pandemic, potentially extending to criminal acts, he should be held accountable and not be given amnesty or academic shield in Norway.”

*  *  *

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Authored by Kane McGukin via Bombthrower.com,

Money has always been strategic, providing the foundation of nations and empires for centuries.

Owning capital and controlling its flow isn’t just about survival; it’s about building something that lasts.

If Bitcoin 2024 was the year of political invasion and intelligence acknowledgement, 2025 was a confirmation.

My key takeaway is that what started as an emergent behavior, Bitcoin, has made its way to center stage in 21st-century capital formation. New age dollars are backed once again with layers of sound money and innovative tech rails (stablecoins) that will extend our ability to build the future in both our digital and physical worlds.

This year’s conference laid out how Bitcoin + Stablecoins will be incorporated into balance sheets, national stockpiles, and act as a financial reserve asset. Backing traditional assets, new financial instruments (bitbonds), and resetting the geopolitical landscape while driving growth in the 21st Century.

“Bitcoin is now becoming one of the largest asset classes in the world. … The US needs to be able to defend Bitcoin or use it as an offensive weapon…” – Fred Theil, Mara

“The Executive Order specifically named Bitcoin… as a strategic asset because of its scarcity… and that was a signal being sent to the American population as well as the global population of other national leaders… The US Government sees Bitcoin as a Strategic asset… Is this a signal of a strategic shift? … I think that’s still an uncertain question, but I think we’re leaning towards the latter.” – Matthew Pines

Strategic reserves aren’t just about oil or Swiss cheese anymore. They’re about Bitcoin and the future of money as statecraft – Matthew Sigel, VanEck

A Historical Perspective of How We Got to Bitcoin

Money began with kings and blacksmiths, then shifted to vaults and shipping lanes as industrialized nations arose. To power this evolution, a global information and logistics network emerged: wires stretched across continents, barges moved gold port to port, and boots on the ground gathered local intelligence. Routed it back through government think tanks and major global bank trading desks. These old-fashioned and manual networks are what FED the dollar money machine, creating an unrivaled capital engine in the US.

By the 1960s and 1980s, a new era began. Derivatives became the norm, and information moved faster, requiring one to have financial trading desks around the globe to capture profitable information and support national security. Bankers ruled supreme. Bitcoin 2025 made it clear there is new capital in town, but this time is no different.

In recent decades, social networks began outperforming diplomats and spies. Capital shifted from hard assets to liquid and digital instruments. This accelerated the tempo of our world. We must rebuild that complex network of global banks, but with the advantage of nodes over buildings. In the new realm, VCs, software developers, and engineers rule supreme.

If one theme echoed throughout this year’s conference, it was this: Monetary information is a weapon, and the dollar network needs an extension. A new innovation to carry its weight around the world faster. That’s why Bitcoin is more than Number Go Up (NGU) technology.

Throughout the conference, if you heard it once, you heard it numerous times. Bitcoin won’t replace the dollar, it will expand and deepen the vast power of the dollar network. Moving forward, BTC will be the basis of capital formation, buying power, and geopolitical edge. Its volatility will be harvested and embedded into the balance sheets of public companies (Bitcoin Treasury Companies).

Stablecoins Were Everywhere

The x.com post/meme above is funny and sums up the stablecoin mania. This was an inevitable route, and there was no loss in the opportunity to weave it into almost every session. Stablecoins will lead the way in transforming our money market and dollar payment networks. They bring them up-to-date with modern technology and making “money” fully digital and usable.

Making money move at the speed with which people live today. Tether’s (USDT) Paolo Ardoino proved this in his session. He effectively showed that we’re moving from an era of tech stacks to an era of monetary tech stacks.

If you want value, it must be backed by truth and sustainability. Not rhetoric, corruption, merry-go-rounding, and nothingness.

Underneath the most popular stablecoin USDT sits: sound money assets (Bitcoin and Gold), paper yield-bearing monetary assets (US Treasuries), private company profits, Bitcoin mining and AI datacenter infrastructure, independent media tools, privacy chat tools, and more. Tether has built the future of what a monetary tech stack likely looks like. A combination of all forms of assets we might want in our society today.

“There are many senior folks in the Trump administration directly around the stablecoin space, and this was the same philosophy that really gave rise to the growth of US-based, world-dominant multinational corporations. It was not just the love of Pepsi and Coke as products. It was that they served as instruments of US statecraft, and there was a deep financial overlap between the profits of the large multinational corporations and the reach and acquisitions of the American Empire. … I think that there is a kind of belief that Stablecoins and the Bitcoin market can effectively do for the dollar what multinational corporations did in the 20th Century for the reach of the Empire.” – Mike Benz

As we’ve seen across centuries, intelligence is once again being embedded and synchronized. As power has shifted to technology networks, we’re seeing the importance these leaders are now playing in government.

Much like we saw with old Wall Street revolving doors that allowed leaders to bounce back and forth between Goldman, JP Morgan, Black Rock, The Federal Reserve, and other government institutions. We’re now seeing the same with technology companies, too.

Given the posturing around Bitcoin and AI, it would not be a shock for Bitcoin and stablecoin companies to be the next vector. After all, the power of a monetary network is in the information and profit its operators control.

As capital competition intensifies, it is clear that economic dominance and even warfare have moved from the battlefields to bandwidth.

All of this, Bitcoin’s integration, the rise of stablecoins, and the evolution of monetary tech stacks point to a deeper truth: our current financial system isn’t just adapting, it’s straining while monetary architecture is quickly becoming the next battleground.

This strain comes from a design flaw baked into the system itself: its dependency on endless growth. Its dependency on debt-backed growth.

The Problem of Scale and Constant Growth

“Basically, the way the system is constructed. … it relies on constant growth. It’s like a shark that can’t stop swimming, otherwise it drowns, ironically.” – Lyn Alden

What Lyn describes here with the shark analogy is the premise of Geoffrey West’s book Scale – The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies.

Eventually, superexponential growth systems (like financial systems) reach finite time singularity where the energy and growth required to maintain pace become catastrophically unsustainable.

The only way to avoid the inevitable collapse is through innovation. Ironically, Bitcoin is an innovation for both our financial system and our information system. Both are on unsustainable resource burn paths just to maintain themselves. For the financial system, it’s a debt issue. For the internet, it’s an energy and volume of content/information/value issue.

These dilemmas, though not Triffin’s, make the points highlighted by Vice President JD Vance even more important.

For starters, unfortunately, he made it clear that Bitcoin is now political; continued voice and action are required. As he posed, Bitcoin and AI together should be considered the two most important tools for our future.

As a reminder, empires and stability are built on one’s ability to collect, process, and profit from information. Both work nicely in these capacities. So, the undue interest does make sense.

As a reminder, those who reign are the ones who best showcase the ability to monetize the value in networks.

What nation-states, public entities, and those in statecraft seem to grasp is we’ve shifted from a world of “he who holds the gold makes the rules” to a world of “he who holds the data gets the value”.

It now appears to be an arms race to see who can amass critical capital. Because in times of geopolitical instability, strategic resources are what give control. They are what lead to historical transitions. Once again, we find ourselves in the midst of a paradigm shift, with Bitcoin at the center.

Money, information, and supply chains are the battlegrounds of the moment that will define the lanes of the future.

“We have to start thinking about the long-term strategic implications of Bitcoin. Where Bitcoin is going is as a strategically important asset for the United States over the next decades.” – JD Vance

And yet, while the Bitcoin Conference conversations touched on geopolitics, network theory, and systemic fragility, there was also something personal about this year’s conference.

One moment that captured this shift in narrative was from none other than Jack Mallers.

Mr. Mallers is Aging… A Conference Farewell

Lastly, a Bitcoin Conference would not be complete without a passionate ending from Jack Mallers.

However, this year was a bit of a flip of the script. Rather than promoting HODLing or stacking sats forever, Mallers promoted spending bitcoin and even taking loans against them… debt… because the reality is, as you become an adult, there are things in life Bitcoin can’t buy. There are real moments, real bills quoted and accepted only in USD. This realization helps us understand the simple line Jack quoted:

“Money is a means, it’s not an end.” – Jack Mallers

Money is a savings technology > Spending is for memories and life.

Jack Mallers Bitcoin 2025 Keynote Speech: The HODLers Dilemma

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