#crypto industry

Anthony Pompliano says most of the crypto industry is already dead and that the market has not fully admitted it yet. In a May 6 video posted on X, the Bitcoin investor and commentator argued that the sector’s long tail of unused chains, illiquid tokens and speculative projects is being cleared out as the parts with real utility merge into the broader financial system. Pompliano said the reaction…

What else don’t we know about data center projects in the works?

The most striking thing about a recent Times-Tribune article was the news that the Clifton Township data center project had planned on having a nuclear reactor, and seemingly used that as leverage to force their plans through.

But another thing that I feel like isn’t getting addressed at all, other than by me screaming into the void, is that a lot of the small acreage plots being proposed for data center projects are actually too small to make sense for a

Three Mile Island, pouring taxpayer money into the AI bubble. Don’t Wait For Everybody - Episode 031 Chloe Humbert Nov 22, 2025 A whole lot of the plots of land in the county where I live that are being proposed for data centers they’re not they’re not big enough for ai data centers like for example mark zuckerberg’s meta data center in rural louisiana uh they say that it’s going to be the size of manhattan there’s no room for that in Archbold Pennsylvania sandwiched between a luxury townhome development and Ed staback park uh so they’re likely crypto data centers being proposed here uh the kind that are making people’s lives hell with noise in other states. And the other piece of evidence they’re probably looking to make crypto printing data centers in Lackawanna County is that one of the business partners involved with these proposed projects, quote, told the Times-Tribune his interest in data centers stems from a Bitcoin mining hobby, unquote.

The data center proposed in Clifton and Covington is together 1,000 acres. So we might assume that this one is actually big enough for AI. I’m not sure we should assume that. The name of the proposed data center is “Project Gold” as referenced in the Times-Tribune article. Calling it “Project Gold” sure makes it sound to me like they are planning this data center to do cryptocurrency printing, as they call it “mining” - the process of cryptocurrency creation via computing. This is something I object to, but it seems quite clear that it was deliberate PR messaging to equate crypto with gold in people’s minds, to make it seem more tangible and legitimate.

Don’t repeat crypto propaganda buzzwords. Don’t Wait For Everybody - Episode 020 Chloe Humbert Apr 17, 2025 third... about that related is that they deliberately use that term mining to make it sound like they have something the equivalent of gold because these people are gold bugs. So they want to say that government issued money is not real, but gold is. And so then that’s how they make it sound like it’s a legitimate thing. So that’s another reason I don’t say mining.

All these people involved, including our elected representatives, may be required to keep any of this secret via NDAs, so how would we even know what these projects are really for anyway? And they may all be speculation anyway!

Postcard addressed to Commissioner Bill Gaughan at Lackawanna County in Scranton Pennsylvania. Dated January 2, 2026. Dear Bill Gaughan, What did you know about the plan to put a nuclear power plant in Lackawanna County and how long did you know it? Did you suppor the plan to sneak a nuclear reactor and methan gas fired power plants into that Clifton Township data center project? Politicians should NOT sign NDAs.

Dodgy looking conflict of interest crypto & AI stuff in Pennsylvania.

In September 2025, Brian Regli was described by an article in Triblive as a consultant for Allegheny DC Property Co., the land developer behind a proposed data center in Springdale Pennsylvania, a town just outside of Pittsburgh, where a coal fired power plant used to operate.

When I put Brian Regli’s name into Google on October 1st, the first result was his Linkedin, and the link did go to Brian Regli’s Linkedin page, but the google result described the Linkedin blurb as reading: “Civil rights and social action disability advocacy – helping to improve workplace and educational opportunities for individuals from the disability community.” But when I clicked through Brian Regli’s Linkedin bio page blurb said: “Entrepreneur and hands-on manager, with experience in real estate, software, telecommunications, higher education, government contracting, and public affairs.Entrepreneur and hands-on manager, with experience in real estate, software, telecommunications, higher education, government contracting, and public affairs.” I don’t know if this is a Google error, perhaps caused by AI automation, or if the Google preview was an outdated previous version of Brian Regli’s profile. There is a mention on the Linkedin profile of volunteering with The Arc of Philadelphia from 2014 to 2018.

Brian Regli’s Linkedin lists experience as having worked at Revere Suburban Realty for 24 years with a year and a half of that as the president. Then Brian Regli reports on Linkedin that he was named by Governor Josh Shapiro in January 2023 to chair of PENNVEST which is the PA Infrastructure Investment Authority, from January 2023 to April 2025 and was in the Shapiro administration in the role of “Executive Director, Critical Investments” to “oversee Pennsylvania’s implementation of more than $21 billion in federal funding from the Infrastructure Investment and Jobs Act (IIJA) of 2021 and the Inflation Reduction Act (IRA) of 2022.” And Brian Regli’s listed consultancy (called “Mad Hat Ventures”) is listed as May 2025 to present.

Before and during Brian Regli’s serving in Governor Josh Shapiro’s administration, Brian Regli was reportedly the director of Asset Entities Inc. from February 2023 to May 2024, according to The Asset Entities Inc.(Stock ticker: ASST) 10-K form for 2024. Asset Entities Inc. SEC IPO form S-1 reported Michael Gaubert as the Executive Chairman. Michael Gaubert is an attorney and, according to SEC forms, the cousin of Brian Regli. Asset Entities Inc. merged with and is now known as Strive Inc. a bitcoin company that was co-founded by Vivek Ramaswamy, who stepped down as Executive Chairman to run for president in 2023. Strive’s website describes that it was founded in 2022 supposedly in response to “large financial institutions” advancing “social, cultural, and political agendas in corporate America’s boardrooms”. Yahoo Finance calls Strive an investment management company, and the Strive Inc. Linkedin page blurb describes it this way: “​​Focused on maximizing returns through capitalism, meritocracy, innovation, American exceptionalism, and Bitcoin.”

In the Asset Entities Inc. 10-k form for 2022 and the 10-k form for 2023, the narrative on business background actually cited the Gamestop meme stock debacle cult as the example for their business plans, referring to it as a phenomenon. Patrick Boyle has a video summarizing the late 2021 SEC report on meme stocks (Gamestop), (“Staff Report on Equity and Options Market Structure Conditions in Early 2021”), and how the SEC proposes that their analysis on how Gamestop stocks got so far afield from reality raises questions about market efficiency of short-selling, and Patrick Boyle also explains why what happened wasn’t exactly as people thought at the time. Dan Olson, a Canadian documentarian when talking to Robert Evans on It Could Happen Here podcast about the gamestop debacle said in October 2023 that it was like “if 4chan found a Bloomberg terminal”, and there’s a 2024 documentary about the cult-like experiences of some people who were pulled into this financial whirlwind that, from the descriptions, sounded like a cross between some sort of bizarre gambling version of an MLM and a deranged level gaming forum flame war. And this is what the Strive Inc. 10-K form said the company had looked to seemingly as an enticing business model.

The report says the business went about making what they called “education and entertainment” Discord server “communities” called, for example, “STOCKS” and “CRYPTO” and “NFTS” and “REALTY” and the narrative brags about having big reach with influencers in these “communities” across platforms like Tiktok and “other social media” platforms… because of these Discord “communities”. In the 10-K form, the narrative goes on to describe “Current Business” as “Discord investment education and entertainment service” that is “designed primarily by and for enthusiastic Generation Z, or Gen Z, retail investors, creators and influencers.” But while they say that Gen Z is their primary market they expect to reach and appeal to older generations also, citing specifically the topic of real estate investments.

A notice dated September 22, 2025, reported that Strive would merge with Semler Scientific to combine the company’s ownership of 10,900 in Bitcoin. September 25, 2025, The U.S. DOJ issued a press release titled: “Semler Scientific Inc. and Bard Peripheral Vascular Inc. to Pay Nearly $37M to Resolve False Claims Act Allegations Relating to FloChec and QuantaFlo Devices” which says that there was violations “by knowingly causing, and conspiring to cause, the submission of false claims to Medicare”. Prior to this in June STAT reported that Semler Scientific had gone from being a medical device company to a “bitcoin first company” and the 4th largest bitcoin holding in the U.S.

citation needed - Issue 93 – Undermining deregulation Democratic lawmakers sound corruption alarms while crypto PACs gear up for the midterms Molly White September 25th 2025, 5:48 pm In Wyoming, Senate Banking Committee Chairman Tim Scott gave his “number one” piece of advice to the crypto industry: “fire the legislators that are in your way”. The industry has taken it to heart, and a slew of pro-crypto super PACs have sprung up with over $220 million ready for the midterms — nearly double what crypto spent in 2024.

My letter to reps: 

It's pretty corrupt looking that the crypto industry people are openly talking about buying elections, and personally getting rid of politicians they don't like. It makes it pretty clear that any politician taking this money or help from this industry is not on the side of consumer interests or a stable banking. Crypto needs to be reigned in for the good of the economy, and crypto scams need to be stopped.