The Hijacking of Bitcoin
The original vision for Bitcoin was simple: peer-to-peer digital cash, free from banks and government. However, the document argues that this vision was deliberately “hijacked,” as Bitcoin is now pushed as “digital gold,” a scarce asset for Wall Street, with slow and expensive transactions for everyday use.
This shift began with the 2015-2017 Block Size Fight, where a group won the argument to keep transaction blocks small, making the main network costly. The promoted “fix,” the Lightning Network, is a faster system but relies on middlemen (hubs), fundamentally changing it from true P2P cash.
The funding for this change is linked to Jeffrey Epstein. After the Bitcoin Foundation collapsed, his money flowed through MIT’s Digital Currency Initiative (DCI) to pay the core developers who favored the small-block path. Epstein also invested in Blockstream, a company started by those same developers.
https://brownstone.org/articles/the-hijacking-of-bitcoin/