FULL STORY: Did Jeffrey Epstein's Network Build Bitcoin?
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Bitcoin has dropped from $126,000 per coin to $67,000-$68,000, down 50% in 4 months, with expectations of further decline. Article by Diana Wallace explores Jeffrey Epstein's network building Bitcoin.
Speaker initially dismissed rumors of Epstein's involvement in Bitcoin core development but found evidence convincing. Epstein donated $850,000 to MIT between 2012 and 2017, with $525,000 going directly to MIT Media Lab's Digital Currency Initiative, central hub for Bitcoin's protocol development.
Early Bitcoin adopters were black market users avoiding tracking with formal currency. Aligns with Epstein's child trafficking activities.
In 2015, Bitcoin Foundation ran out of money; core development team moved to MIT Media Lab. Epstein's funding paid their salaries. MIT Media Lab director (frequent Epstein contact) emailed him: "This is a big win for us." Separate email thanked Epstein: "FYI, used gift funds to underwrite this which allowed us to move quickly and win this round. Thanks."
75% of Bitcoin's code (35,000 of 47,000 commits) rewritten after Epstein became de facto financial backer of core development team.
Epstein used holding companies and shell companies for ownership and equity in Blockstream Corporation. Early investor in Coinbase.
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