Memorandum. The New Energy-Digital System — From Fiat to People’s Bitcoin — SforNews Analytics

27 Jul, 2026
| Salome K

MEMORANDUM: ARCHITECTURE OF THE NEW ENERGY-DIGITAL SYSTEM

DISCLAIMER

This document is a conceptual project prepared on the basis of open data, public statements, and analytical materials from independent experts. The memorandum is not a legal document, investment recommendation, or call to action. All conclusions are probabilistic and analytical in nature.

The work is based, among other things, on observations and conclusions of independent analysts who record current systemic imbalances:

• Yan Krivonosov (channel “Crypto Yan”: https://t.me/crypto_yan) — cryptocurrency market expert, director of Crypto Emergency, organizer of the “Crypto South” forum. Documents the contradictions between regulatory initiatives and the actual practice of using digital assets.

• Vladimir Levchenko (channel “Vladimir Levchenko”: https://t.me/VlULevchenko, website V-levchenko.ru) — independent financial markets analyst, specialist in economic psychology and macroeconomics. For over 13 years, he has documented the behavior of markets and elites in conditions of systemic crises.

Quotations from these experts are used to illustrate the gap between the “map” (official forecasts, models, laws) and the “territory” (real processes occurring in the economy and society). The editorial board assumes no responsibility for any financial or legal decisions made based on the content read.

MEMORANDUM TABLE OF CONTENTS (DRAFT)

Part 1. Diagnosis: Why the Old System Is Dead
1.1. 50 Years of Fiat Deception: Facts
1.2. The Map vs. Territory Gap: Facts
1.3. Energy as the Only Remaining Resource: Facts
1.4. The Global Energy Gap: Facts
1.5. Europe — The Eternal Importer of Bitcoin
1.6. How Central Banks Operate in Different Countries: Facts and Strategies
1.7. Summary Table: What Central Banks Are Doing Across Countries
1.8. Global Diagnosis: Old Models Do Not Work
1.9. Russia: Unique Resource and Unique Mistake
1.10. The Central Bank of the Russian Federation — A Liquidation Commission: Facts
1.11. The People — Not an Object, but a Subject
1.12. The Voice of the Territory: What Independent Experts Say

Part 2. Architectural Blueprint: How We Build the New System
2.1. Rejecting the Illusion: Why the Current Law Is a Trap
2.2. Principle 1: Energy as Public Domain
2.3. Principle 2: Bitcoin as an Energy Derivative
2.4. Principle 3: The People’s Energy Certificate (PEC)
2.5. Decentralization as Protection: Yan’s Lesson
2.6. What We Do Not Do: Why We Do Not Repeat the Mistakes of the Current Law
2.7. Roadmap: 0–18 Months
2.8. Architectural Conclusion for Part 2

Part 3. Geopolitical Context: Russia as an Energy Sovereign
3.1. Europe — The Eternal Importer of Bitcoin (Expanded Analysis)
3.2. China — A Competitor Building Its Own System
3.3. The USA — Losing Control over Global Liquidity
3.4. BRICS+ and Gold: An Alternative Circuit
3.5. Russia Between Two Worlds: Old Pipelines and New Digital

Part 4. Conclusion: Who Will Be the Architect?
4.1. The Question Is Not Whether the Transition Will Occur
4.2. The Question Is Who Will Lead It
4.3. The Architect Is the One Who Sees the Entire System

PART 1. DIAGNOSIS: WHY THE OLD SYSTEM IS DEAD

1.1. 50 Years of Fiat Deception: Facts

Since 1971, when Nixon severed the dollar’s link to gold, the world has lived in a system where money is backed by nothing but a promise. Endless issuance of dollars, rubles, and euros have created the illusion of growth, behind which lie inflation, erosion of savings, and price tags with ever more zeros.

Year	U.S. National Debt ($ trillion)	Average Inflation(%)	Oil Price ($/barrel)
1980	0.9	13.5	30
1990	3.2	5.4	20
2000	5.6	3.4	28
2010	13.5	1.6	80
2020	27.7	1.2	40
2026 (July)	39.2	9.8	100

Conclusion: the dollar is printed endlessly, inflation erodes savings, and the prices of goods rise with each new zero. This is not an economy — it is a mechanism for redistributing value from those who create to those who print.

1.2. The Map vs. Territory Gap: Facts

All indices, ratings, and forecasts are the map. The real economy, energy, and resources are the territory. Today, the map no longer reflects the territory.

Indicator	Map (forecast/promise)	Territory (reality)
Brent oil	$60–70 (IEA forecast for 2026)	$100+ (July 2026)
Russian inflation	4–6% (CBR forecast)	9–12% (actual)
CBR key rate	“will be cut to 12%”	cut by 0.25% (ritual)
Russian GDP growth	1.3% (forecast)	-0.3% (actual, Q1 2026)

Conclusion: models do not work, forecasts fail, and elites lose legitimacy. The map no longer reflects the territory.

1.3. Energy as the Only Remaining Resource: Facts

Russia ranks 2nd in the world in Bitcoin hash rate share (13–17%), second only to the United States (about 30%). The cost of mining 1 BTC in Russia is the lowest in the world.

Country	Hashrate Share (%)	Electricity Cost ($/kWh)	Cost of 1 BTC ($)
United States	~30	0.05–0.08	55,000–75,000
Russia	13–17	0.02–0.04	35,000–45,000
China	~10–15	0.03–0.05	40,000–55,000
Kazakhstan	~5–8	0.04–0.06	45,000–60,000
Europe	<1	0.08–0.12	75,000–110,000
Middle East	~2–3	0.04–0.05	50,000–60,000

Conclusion: Russia has everything a new system needs: cheap energy, internet, and a cold climate. But this resource currently serves not the people, but those who control the power capacities.

1.4. The Global Energy Gap: Facts

Different countries have different capabilities and strategies in the energy transition.

Country / Bloc	Energy Surplus	Focus on Mining	Problems
Russia	Huge (Siberia, Far East, hydro, nuclear)	Recognized, but notsystemic	Sanctions, lack of people’s control
United States	Yes (renewables, gas)	Yes, institutional	High costs, regulatoryrisks
China	Huge (coal, hydro)	Unstable (bans andpermits)	Political instability
Europe	No (shut down nuclear)	Economicallyunfeasible	Eternal energy importer
Kazakhstan	Yes (coal)	Growing	Overloaded grids
Middle East	Huge (oil, gas)	Growing (UAE, Saudi)	Climate (cooling)

Conclusion: Europe, having destroyed its nuclear power plants under the “green agenda,” will become an eternal importer of energy. But it will import not gas or oil (which cannot be physically delivered), but Bitcoin — as the digital equivalent of energy. This makes Bitcoin not a “speculative asset” but a global energy derivative.

1.5. Europe — The Eternal Importer of Bitcoin

Europe shut down its nuclear plants. Europe rejected Russian gas. Europe replaces them with expensive U.S. LNG and “renewable sources” that cannot provide baseload power.

The result:

• Gas prices in Europe — at their highest since the start of 2023.

• Inflation in the EU — 6–8%.

• Industry — under threat of shutdown.

Europe will buy Bitcoin because it is the only way to gain access to the “energy” it cannot produce physically.

1.6. How Central Banks Operate in Different Countries: Facts and Strategies

United States (Federal Reserve)

• Tools: interest rate, QE, reverse repo.

• Current strategy: “higher for longer” — keep rates high (5–6%) to suppress inflation, but cannot stop it.

• New element: discussing a “digital dollar” (CBDC) as an alternative to stablecoins, but stalling due to banking lobby.

• Paradox: they print dollars to buy their own bonds — inflation does not fall, confidence erodes.

• Risk: if China and BRICS continue dumping Treasuries, the Fed will either have to print even more or admit the model’s collapse.

Europe (European Central Bank)

• Tools: interest rate, bond purchases, TPI (Transmission Protection Instrument) for peripheral countries.

• Current strategy: trying to balance between inflation and recession. Rate ~4%.

• New element: digital euro — in pilot, but launch no earlier than 2029.

• Problem: Europe shut down nuclear, rejected gas, industry is dying. The ECB cannot solve the energy problem — it can only soften its consequences.

• Risk: stagflation (inflation + recession) has already arrived, but the ECB denies it.

China (People’s Bank of China)

• Tools: interest rate, reserve requirements, direct bank lending.

• Current strategy: cutting rates and reserves to stimulate the economy, but demand is falling.

• New element: digital yuan (e-CNY) — already used for international settlements (e.g., mBridge).

• Feature: China is the largest miner (unofficially) and gold buyer (19 months in a row).

• Risk: debt overload, demographics, conflict with the US.

Japan (Bank of Japan)

• Tools: negative rates, yield curve control (YCC).

• Current strategy: keep rates at 0% (or negative) to spur inflation after 30 years of deflation.

• New element: debating exit from YCC, but fearing a bond market collapse.

• Paradox: they want inflation but cannot control it.

• Risk: Japan’s debt — 250% of GDP, any rate hike will crash the budget.

United Kingdom (Bank of England)

• Tools: interest rate, bond purchases.

• Current strategy: cutting rates to save the economy from recession.

• New element: discussing digital pound (Britcoin), but public opposition.

• Risk: stagflation, loss of government trust.

Switzerland (Swiss National Bank)

• Tools: interest rate, currency interventions.

• Current strategy: rate ~0%, fighting franc appreciation.

• New element: SNB already testing CBDC for interbank settlements.

• Feature: Switzerland is a gold storage hub, but the SNB’s share as a depository is falling (from 12% to 6% in one year).

Turkey (Central Bank of Turkey)

• Tools: interest rate, currency interventions, administrative controls.

• Current strategy: cutting rates despite 60–70% inflation, following Erdoğan’s orders.

• New element: discussing digital lira.

• Risk: total loss of confidence in the lira, flight to dollars and crypto.

Kazakhstan (National Bank of Kazakhstan)

• Tools: interest rate, currency interventions.

• Current strategy: rate ~14%, trying to stabilize the tenge.

• New element: actively developing mining and digital tenge.

• Feature: Kazakhstan is a major miner, introducing rules to transfer 10% of mined crypto to state reserves.

1.7. Summary Table: What Central Banks Are Doing Across Countries

Country	Tools	New Element	Risk	Rate, % (2026)
USA (Fed)	Rate, QE	Digital dollar(stalled)	Confidence inTreasuries	~5.5
Europe (ECB)	Rate, TPI	Digital euro(pilot)	Stagflation, energycrisis	~4.0
China	Rate, reserves	Digital yuan (e-CNY)	Debt, demographics	~3.5
Japan	YCC, rate	Exit from YCC	Debt 250% of GDP	0.0
UK	Rate	Digital pound(debated)	Stagflation	~4.5
Switzerland	Rate, interventions	CBDC (tests)	Franc strength	~0.5
Turkey	Rate, controls	Digital lira(debated)	Hyperinflation	~45
Kazakhstan	Rate, interventions	Digital tenge, mining	Grid overload	~14
Russia (CBR)	Rate, interventions	Digital ruble(stalled)	Stagflation, loss ofcontrol	~18

1.8. Global Diagnosis: Old Models Do Not Work

Country	Old Model	Why It Fails	New Path
USA	Dollar + Treasuries	Confidence falls, $39 trlndebt	Digital dollar? (unclear)
Europe	Euro + gas	Shut down nukes, rejected gas	Digital euro (after2029)
China	Yuan + exports	Debt, demographics	Digital yuan + gold
Japan	Yen + exports	Debt 250% GDP, deflation	Exit from YCC? (risk)
Turkey	Lira + controls	Hyperinflation, lost trust	Flight to dollar/crypto
Kazakhstan	Tenge + commodities	Grid overload	Digital tenge + mining
Russia	Ruble + oil/gas	Pipelines closed, sanctions	??? (mining + energy)

1.9. Russia: Unique Resource and Unique Mistake

Indicator	Russia	World
BTC hash rate share	13–17% (2nd place)	100%
Cost of 1 BTC	$35,000–45,000 (lowest)	$40,000–110,000
Energy surplus	Huge (Siberia, Far East, hydro, nuclear)	Not all have it
Control over energy	Oligarchs and state corporations	Varies
Utilization strategy	None	Varies

Conclusion: Russia has everything to become an energy sovereign and a leader of the new system. But for now, energy and Bitcoin serve not the people, but those who control the capacities.

1.10. The Central Bank of the Russian Federation — A Liquidation Commission: Facts

The CBR:

• Cannot contain inflation.

• Cuts the rate by 0.25% when the market expected 1–2%.

• Denies stagflation, though it has already arrived.

• Continues to play the “regulator” even though the system is ungovernable.

Conclusion: The CBR is not a regulator for the new system. It is a liquidation commission that is winding down old circuits. Its tools do not work. Its forecasts fail. It will exist until the old system is finally closed.

1.11. The People — Not an Object, but a Subject

Citizens (of the territories of the former USSR) are not objects of governance. They are the beneficiaries of energy.

If they receive a share of energy monetization:

• Loyalty arises — because they see direct payments.

• Identity arises — because they see fairness.

• Sovereignty arises — because they see resources working for them.

If not — they remain objects of control until the system collapses completely.

1.12. The Voice of the Territory: What Independent Experts Say

Analysts unaffiliated with state institutions record the same symptoms.

Yan Krivonosov, cryptocurrency market expert (channel “Crypto Yan”):

“The U.S. crypto sector provides 34,000 jobs and contributes $55 billion a year to the U.S. economy. The Russian crypto sector will provide prison occupancy and billions in shadow turnover… We regulate other people’s instruments with our own laws. Stablecoins, protocols, exchanges — all of this is issued by Western companies and is subject to the US and the EU. It’s like regulating an American bank with our laws and demanding it operate by our rules. That’s not how it works. They will just snap their fingers — and block everything… Entrepreneurs have already figured it out. They already pay. The schemes work, exchanges work, wallets work. People solve their own problems. They don’t need permission — they’ve already given it to themselves.”

Vladimir Levchenko, independent financial markets analyst (channel “Vladimir Levchenko”, website V-levchenko.ru):

“Our financial market has shown not only the longest period of decline in its history, but also record hysteria throughout its entire existence. The cherry on top is that this entire panic and collapse was orchestrated solely through manipulation of the weak minds of market participants under false pretenses… The West sincerely believes that they have the right to strike us, and that we can only expose different parts of our bodies to their blows. Lately, though, we have been clearly showing them — a strike on one of our warehouses results in the destruction of several of their warehouses; a strike on our ships results in the destruction of several of their ships and the disabling of all ports… Oil rose 50% in 3 weeks… shares of Russian companies fell by 70–90%. OVC — minus 99%. Segezha — minus 96.5%. Mechel — minus 96.9%. Samolet — minus 96.3%. VTB — minus 93%. I checked specifically — this has never happened in any country in the world. Never. Not even in 1998 or 2008.”

Both experts record the same thing: the old system is cracking, its tools do not work, the map no longer reflects the territory. But neither offers an architectural solution. We do.