Ivette Schwallie rXap

Under the new Anti-Money Laundering Regulation (AMLR), privacy-focused cryptocurrencies and anonymous crypto accounts will be effectively banned across the bloc.
According to the European Crypto Initiative (EUCI), the upcoming regulations will prevent banks, financial institutions, and crypto asset service providers (CASPs) from supporting accounts or services that enable anonymity. Article 79 of the AMLR, detailed in the EUCI’s AML Handbook, explicitly outlines these restrictions.
This legislation is part of a broader AML framework covering everything from traditional bank and payment accounts to crypto assets that facilitate anonymous transactions. It also targets products such as anonymous passbooks and safety deposit boxes, emphasizing the EU’s intent to eliminate financial opacity.
Savova, senior policy lead at the EUCI, explained that although the core regulations—AMLR, AMLD, and AMLAR—have been finalized, several implementation specifics are still under development. These will be clarified through delegated and implementing acts, largely overseen by the European Banking Authority (EBA), with the EUCI actively engaging in ongoing consultations.
Additionally, the new framework will place certain CASPs under direct supervision by the EU’s Anti-Money Laundering Authority (AMLA), provided they operate in at least six member states. Starting July 1, 2027, AMLA will begin selecting 40 such entities for oversight, ensuring at least one is chosen from each member country. Criteria for selection include having over 20,000 customers in a given member state or processing more than 50 million euros in transactions.
The regulations will also introduce mandatory customer due diligence for crypto transactions exceeding 1,000 euros, reinforcing transparency standards across the industry.
The EU’s push to regulate digital assets, following the adoption of the Markets in Crypto-Assets Regulation (MiCA). The overarching goal is to enhance financial integrity and combat the use of cryptocurrencies in illicit activities.
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One of the beautiful things about the internet is that you can meet anyone. People from different walks of life with different life experiences come together to discuss ideas and events on platforms like Twitter/X. Given the size of my audience on that platform, you can imagine the plethora of people who reach out with various ideas or proposals.

More than 90% of the ideas are not interesting. This could be for a variety of reasons, but I pass on hundreds, if not thousands, of ideas sent to me each year.

But every once in a while someone sends me an idea that catches my attention. Recently, an anonymous account sent me the idea of mining bitcoin in outer space using satellites and solar panels. I was surprised I had never heard this idea before.

Here is a rendering of what orbital solar farms would look like:
Made with Grok AI.
After going back and forth with the anonymous account, I was able to convince the individual to agree to two things — first, he approved me sharing the idea more broadly, and second, the individual created a personal account under his real name so you can follow him (his name is Nick Moran and you can follow him here).

Here is the original message that Nick sent me about his idea:

I want to get a BIG idea out to the world now that we can dream big again without retaliation from government overreach. Now that Elon Musk is in charge of making the government more efficient, I think this big idea has a good chance of becoming reality more than in any other time in history.
Elon mentioned recently that the sun is the most abundant energy available to us in the solar system. How do we harness that energy with peak efficiency in a way that benefits everybody on Earth? How can we do this without sacrificing landmasses that are better used for farmland and/or housing?
I will explain.
Bitcoin mining is the only technology on Earth that monetizes stranded energy. Bitcoin mining simply takes stranded sources of energy and effectively turns it into digital gold (aka bitcoin) that can be transferred via an internet connection.
THE BIG IDEA: The Department of Government Efficiency creates the largest orbital solar farm in space and attaches bitcoin miners to it. This can work because bitcoin mining is location agnostic.

It is 100% possible to harness the power of the sun from space, away from Earth. The big problem is we can’t transmit that energy back to Earth via transmission lines, until now….
Bitcoin miners attached to this orbital solar farm in space, with satellite internet via Starlink, we can monetize this stranded solar energy into Bitcoin and send that Bitcoin back to Earth.
The idea is to create revenue via bitcoin mining with orbital solar power in space without having to sacrifice landmasses on earth that can be utilized for better things.
An orbital solar farm in space with bitcoin miners attached to it, out of the view of the naked eye from Earth, would not be controversial under the Trump administration. The revenue from this endeavor would go to the Department of Government Efficiency. The “DOGE” can use this revenue for a wide variety of purposes that benefit US citizens and bring down inflation.

For example, contributing this revenue to the citizens to pay a portion of their electricity bills, thus bringing down inflationary pressures & reducing the cost of living (I’m open to better alternatives too).

I am 100% open to the idea of finding unproductive land masses on Earth to execute this idea as well. It’s just not as big of an idea.

I would love to create a think tank around this big idea to find out the initial cost vs revenue generated to see if this big idea has legs. Twitter is the world’s largest think tank with a lot of brilliant minds using it. It is a sanctuary for free speech and ideas created by citizens, for the citizens and protected by Elon Musk’s commitment to free speech. We should all utilize it accordingly.

As I mentioned, I had never thought about this before, nor have I heard anyone else talking about the idea. Good ideas can come from anyone…including anonymous accounts on Twitter/X.

So here is my ask to all of you — what do you think about the idea? Do you think it could work? What are the big obstacles to make it a reality? Are there companies that have existing technology to create an experimental orbital solar farm with bitcoin miners attached?

There are hundreds of thousands of people subscribed to this daily letter. Most of you are financial investors, but I am betting we have plenty of engineers or other relevant occupations. Who knows, maybe we even have an astronaut or two subscribed?!
I would love to crowdsource information about this idea. Send me your feedback, your additional ideas, and anyone Nick and I should talk with. If the idea seems viable, I will keep everyone updated. If the idea is deemed not viable, I will let everyone know what we discovered.

I believe this group is unstoppable when we focus on a big idea. Let’s see what happens.

-Admin
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CyberDogeCoin.Com

There is a global race under way to see who can acquire the most amount of bitcoin.
We have seen Microstrategy buy more than $33 billion worth (506,000+ bitcoin) since August 2020. Companies like Metaplanet, Semler Scientific, Tesla, and Block have all followed suit in recent years.
We have various large financial institutions pounding the pavement to help their clients get exposure to bitcoin via the newly approved ETFs — Blackrock, Fidelity, Grayscale, Ark Invest, Bitwise, and many others.
There is no denying that Wall Street has arrived.
And the nation states aren’t going to be left behind, so El Salvador, Bhutan, Abu Dhabi, and Russia all started buying and mining bitcoin.
This was quickly followed by the leader of the free world, the United States government, who decided it was time to establish the Strategic Bitcoin Reserve a few weeks ago.
That is a lot of large capital pools competing to purchase as much bitcoin as possible.
As if that wasn’t enough, we found out there will be a new entrant to the race yesterday — Gamestop.
The former meme stock announced unanimous board approval of an update to its investment policy allowing bitcoin to become a treasury reserve asset.
This isn’t just another random company announcing the desire to buy bitcoin though.
Gamestop has a legion of retail investors that want to see them put their nearly $5 billion of balance sheet cash into the digital currency.
I spoke with two different Gamestop shareholders after the announcement yesterday and both could only be described as giddy.
It is not clear how much of that $5 billion will be put into bitcoin, but my guess is it won’t be 1-2%.
Instead, Chairman Ryan Cohen is likely to take a big bet on bitcoin as a balance sheet asset.
Why do I think that?
First, you don’t go through the bureaucratic board approval process for a small 1-2% allocation.
You only put the time and energy to get the change to your investment policy if you are looking to put a material amount of your cash into bitcoin.
Second, Ryan Cohen only follows three accounts on X.
They are Gamestop’s corporate account, along with the @Bitcoin handle and Bitcoin Magazine.
That is behavior of a hardcore bitcoiner that is looking to buy more bitcoin.
Because here is the thing — we are going to see many more corporate executives fall victim to the same feeling that retail investors have felt for nearly 15 years.
You hear about bitcoin.
You buy a little. You start learning more about the asset.
Eventually you realize you don’t have enough bitcoin.
And now you are scrambling around looking for more money so you can buy as much bitcoin as possible.
Corporate executives will start with their personal money, but eventually they will be tempted to use balance sheet cash.
If it is good enough for the US government’s reserve, then it should be good enough for a corporation’s balance sheet, right?
I think so. And the companies that have pursued this strategy in public markets have been rewarded financially.
So we should expect more companies and governments to buy as much bitcoin as they can.
Young bitcoiners are rising into positions of power and influence.
That should continue for the next few decades. And they all believe they are underexposed to the best performing asset of the last 15 years.
They’ll do whatever they can to get more bitcoin, inc
luding the use of balance sheet cash to make monster bets on their best idea.

Hope you all have a great day.