MEMORANDUM. PART 2: Architectural Blueprint of the New System — Energy as Public Patrimony, Bitcoin as Derivative, PEC as Distribution Mechanism | SforNews

8 Aug, 2026
| Salome K

MEMORANDUM

PART 2. ARCHITECTURAL BLUEPRINT: HOW WE BUILD THE NEW SYSTEM

2.2. Principle 1: Energy as Public Patrimony

Current Legal Status of Energy in Russia

Today, energy in Russia formally belongs to the state, but is effectively controlled by a narrow circle of state corporations and private structures.

• Constitution of the Russian Federation, Article 9: “Land and other natural resources are used and protected in the Russian Federation as the basis of life and activity of the peoples living on the respective territory.”

• Subsoil Law (No. 2395-1): Subsoil is state property.

But a substituted legal mechanism is hidden here: the state ≠ the people. This is property of the Russian Federation as a legal entity, not of the people as beneficiaries. The privatization of the 1990s transferred control over energy resources (oil, gas, electricity) into the hands of private and state corporations that operate as commercial structures, not as agents of the people. Citizens do not receive a direct share from the monetization of these resources.

What is “public patrimony”?

This is a legal construct in which natural resources and the energy derived from them are recognized as the inalienable property of all citizens, rather than of the state as an institution or of private individuals. Income from their use should be distributed directly to citizens, not through complex and opaque budgetary mechanisms.

In the USSR, this norm was enshrined in Article 11 of the 1977 USSR Constitution: “Subsoil, waters, and forests are public patrimony.” Since the Russian Federation is not a full legal successor of the USSR, this norm is legally “suspended” but not repealed. This allows for challenging the current privatization of energy resources and demanding a return to the principle of public patrimony.

Why is this important right now?

As long as energy remains a commodity sold on external markets (oil, gas) or used for domestic consumption, its value stays in the hands of a narrow circle of intermediaries. But in the new system, where bitcoin becomes a tool for energy monetization, this principle becomes decisive.

• If energy is a private resource, mining revenues go to those who control the capacity.

• If energy is public patrimony, mining revenues must be distributed among all citizens proportionally to their share in this patrimony.

What needs to be adopted?

A Federal Law “On People’s Energy Property” is needed, which would directly state:

“Energy produced on the territory of the Russian Federation (and/or the USSR as successor) is public patrimony and cannot be alienated into private ownership. Income from the monetization of energy resources, including bitcoin obtained through mining, shall be distributed among citizens of the Russian Federation in accordance with the procedure established by this law.”

Architectural Conclusion:

Recognition of energy as public patrimony is not an ideological slogan. It is the legal foundation without which the new system is impossible. As long as energy belongs to corporations, bitcoin will remain a tool for enrichment for a narrow group. Once energy is recognized as the people’s patrimony, bitcoin becomes a tool for fair distribution — the digital equivalent of every citizen’s energy sovereignty.

2.3. Principle 2: Bitcoin as an Energy Derivative

What is an “energy derivative”?

A derivative is a financial instrument whose price depends on an underlying asset. In the traditional system, these are oil futures, gas swaps, gold contracts. But all these instruments are tied to physical delivery: to get oil, you need to build a pipeline; to get gas — a tanker or regasification terminal.

Bitcoin is the first digital derivative in history whose underlying asset is electricity. Its production cost is rigidly tied to the cost per kilowatt-hour, and the mining process is a direct conversion of electricity into digital value.

In Russia, the cost of mining 1 BTC is $35,000–45,000 — the lowest in the world. This means that bitcoin mined in Russia is the most efficient way to monetize electricity when physical export channels (pipelines, tankers) are blocked by sanctions.

Why is bitcoin not a “speculative asset”?

In the mass consciousness, bitcoin is perceived as “digital gold” or a “speculative tool.” But this is a map that does not reflect the territory. The territory of bitcoin is the physical reality of energy consumption.

Aspect	Speculative Asset	Energy Derivative
Price	Determined by market sentiment	Tied to production cost
Underlying Asset	Nothing (fiat)	Electricity
Production	Requires no resources	Requires constant energy consumption
Utility	Only resale	Monetization of surplus energy
Stability	Depends on trust	Depends on physics

Bitcoin cannot exist without energy. Mining farms are, in essence, electric boilers that convert kilowatts into digital records. This record has value because real energy consumption lies behind it.

How does bitcoin become a global energy market?

Today, energy is a local commodity. Oil can be transported, gas can be piped, but electricity cannot be exported over distances greater than 2,000 km without losses. Bitcoin solves this problem: it allows the export of electricity in digital form without pipelines, tankers, or intermediaries.

The mechanism is simple:

1. In regions with surplus energy (Siberia, the Far East, Irkutsk Oblast), mining farms are built.

2. Surplus electricity that cannot be sold or transmitted is directed to mining.

3. Mined bitcoin is sold on the global market for hard currency (dollars, yuan, euros) or exchanged for real goods.

4. Revenue returns to the region in the form of money that can be spent on infrastructure, social programs, or direct payments.

Example: Irkutsk Oblast, where hydroelectric plants are located, produces more electricity than it can consume. The surplus is either “dumped” (lost) or sold at domestic tariffs that do not cover costs. If this surplus is directed to mining, the region can monetize energy that is currently wasted.

What does the current law say?

Law No. 282-FZ recognizes digital currency as property, but does not link it to energy resources. There is no norm establishing that bitcoin mined on the territory of the Russian Federation is derived from public energy.

This allows owners of mining capacity (mostly private structures) to appropriate income from the monetization of public energy without sharing it with the people.

What needs to be adopted?

An amendment to the law “On Digital Financial Assets” or a separate act:

“Bitcoin (and other cryptocurrencies mined using energy capacities on the territory of the Russian Federation) are recognized as derived from public energy resources. Ownership of such assets without registration in the State Energy-Digital Register (GIS TEK-Tsifra) is not permitted. Income from the turnover of such assets shall be taxed at a rate directed to the Public Patrimony Fund.”

Architectural Conclusion:

Bitcoin is neither “digital gold” nor a “speculative bubble.” It is an energy monetization tool that allows countries with surplus cheap electricity to convert it into global liquidity, bypassing physical export channels. If Russia does not use this tool systematically, its energy will continue to be wasted — or appropriated by private structures. If it does, bitcoin will become the people’s energy derivative, not a trump card for the chosen few.

2.4. Principle 3: People’s Energy Certificate (PEC)

The Problem: How to Distribute Energy Income?

Recognition of energy as public patrimony (2.2) and bitcoin as an energy derivative (2.3) creates the foundation. But the main practical question remains: how exactly should income from energy monetization reach every citizen?

The current system provides no answer. Budgetary transfers are opaque, social payments are insufficient and not tied to the real value of energy. Citizens have seen no direct connection between how much energy is produced in their region and how much they receive.

What is the People’s Energy Certificate (PEC)?

The PEC is a digital token issued to every citizen of the Russian Federation (or the USSR as successor) proportionally to their share in public energy. It is not a currency in the classical sense — it is a measure of the right to income from energy resource monetization.

Characteristic	Description
Issuer	State Corporation “Energo-Tsifra”
Recipient	Every citizen of the Russian Federation (or USSR)
Calculation Method	Share in the total volume of energy resources recognized as public patrimony
Peg	1 PEC = share in the pool of bitcoin mined per month
Payment Form	Digital rubles at the Central Bank exchange rate on distribution day
Circulation	PEC is not a speculative asset; it cannot be sold or transferred (except by inheritance)

How does the PEC work in practice?

1. Registration. Every citizen receives a digital wallet in the state system (based on Gosuslugi or a separate infrastructure). PECs are credited to this wallet.

2. Mining. The State Corporation “Energo-Tsifra” directs surplus energy (from HPPs, NPPs, TPPs in regions without export capacity) to industrial mining.

3. Pool formation. Mined bitcoin is credited to a single public wallet, controlled by the Accounts Chamber and a public council.

4. Distribution. Monthly (or quarterly), part of the mined bitcoin is converted into digital rubles at the Central Bank exchange rate and distributed among PEC holders proportionally to their share.

5. Transparency. All transactions are recorded in a public register. Any citizen can verify how much bitcoin was mined, how it was converted, and how income was distributed.

Distribution Formula:

Citizen’s Income = (Total Mining Income for the Period) × (Citizen’s PEC Share / Total PEC Supply)

The citizen’s PEC share is determined by the formula:

PEC Share = (Regional Energy Consumption / Total Russian Energy Consumption) × (Regional Population / Total Russian Population)

This mechanism provides a direct link between energy produced in a region and the income of its residents. Regions with energy surplus (Irkutsk Oblast, Krasnoyarsk Krai, the Far East) receive more than consumer regions, stimulating the development of energy infrastructure within the country.

What does the PEC provide?

1. Direct payments. Citizens see real money from energy monetization, not abstract “budget expenditures.”

2. Loyalty. When a person receives income from energy, they become invested in preserving and developing energy infrastructure.

3. Identity. Energy ceases to be “something that belongs to the state” and becomes “something that belongs to me and my family.”

4. Sovereignty. Citizens see that resources work for them, not for corporations or oligarchs. This reduces social tension and creates the basis for genuine democracy.

5. Reinvestment. Citizens can either receive payments or reinvest PECs in the development of energy infrastructure (e.g., purchasing shares in new capacity). This creates a mechanism for people’s investment, where every citizen becomes a co-owner of the country’s energy system.

What does the current law say?

Nothing. The institution of “people’s shared ownership of energy resources” is absent from Russian legislation. There is no mechanism that would allow citizens to receive direct income from energy monetization.

What needs to be adopted?

Amendments to the Civil Code (introducing the institution of “people’s shared ownership of energy resources”) and a Federal Law “On the Procedure for Distributing Income from Public Energy.”

Legal Form:

The law should establish:

1. PEC status as a digital token confirming the right to a share of income from public energy.

2. PEC issuance procedure and the mechanism for their distribution among citizens.

3. Procedure for converting mined bitcoin into digital rubles.

4. Transparency and public control requirements.

PEC Workflow (Text Format):

Transformation Chain:

ENERGY (public patrimony)
↓
STATE CORPORATION “ENERGO-TSIFRA”
(accumulates surplus energy from HPPs, NPPs, TPPs)
↓
MINING
(conversion of surplus energy into bitcoin)
↓
BITCOIN POOL
(single public wallet controlled by the Accounts Chamber and Public Council)
↓
CONVERSION
(bitcoin → digital rubles at Central Bank exchange rate on distribution day)
↓
DISTRIBUTION VIA PEC
(proportionally to each citizen’s share in public energy)
↓
CITIZENS
(direct payments in digital rubles + option to reinvest PECs in energy infrastructure development)

Additional Effect:
Regions with energy surplus (Irkutsk Oblast, Krasnoyarsk Krai, the Far East) receive more income than consumer regions. This stimulates the development of energy infrastructure within the country and reduces dependence on export channels blocked by sanctions.

Architectural Conclusion:

The PEC is not just a “digital coupon” for receiving money. It is a tool for redefining the social contract. In the old system, citizens pay taxes, and the state (opaquely) distributes resources. In the new system, citizens are direct beneficiaries of national wealth.

Energy that is currently wasted or appropriated by corporations begins to work for everyone. Bitcoin becomes not just an “asset” but a bridge between energy and prosperity. The PEC is the mechanism that makes this bridge real and measurable.