Billionaires' Dreams of a Cryptostate Undergird Trump's Push for Greenland
Briefly

Billionaires' Dreams of a Cryptostate Undergird Trump's Push for Greenland
"President Donald Trump started his second term with his sights set on Greenland. Though the island is not for sale, the president emphasized Greenland's importance to U.S. national security. Left unspoken: A U.S. takeover could weaken the country's mining laws and ban on private property, aiding Trump donors' plans to profit from the island's mineral deposits and build a libertarian techno-city."
"As the country's glaciers recede, it's also facing sweeping climate-driven transformations, threatening traditional industries like fishing and hunting and exposing valuable mineral resources. These shifts have prompted interest from powerful players associated with Trump. Tech moguls in the front row of his inauguration, like Mark Zuckerberg and Jeff Bezos, are also investors in a startup aiming to mine western Greenland for materials crucial to the artificial intelligence (AI) boom. That company, KoBold Metals, uses artificial intelligence to locate and extract rare earth minerals."
President Donald Trump prioritized Greenland as strategically important to U.S. national security during his second term. A possible U.S. takeover could undermine Greenland's mining regulations and its ban on private property, creating opportunities for external investors to profit from mineral deposits. Melting glaciers are disrupting traditional fishing and hunting while exposing rare earth and other valuable minerals that attract global tech and mining interests. Tech investors including Mark Zuckerberg and Jeff Bezos back KoBold Metals, a startup using AI to locate and extract rare earth minerals in western Greenland. Greenland's current government has opposed large extractive projects, heightening tensions over sovereignty, economics, and environmental impact.
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