Crypto Bros Nauseated After Realizing Bitcoin Itself Was Funded by Jeffrey Epstein
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Crypto Bros Nauseated After Realizing Bitcoin Itself Was Funded by Jeffrey Epstein
"One file highlighted by crypto investor Patrick Riley shows an email chain between Epstein and Joichi Ito, the former head of MIT's Media Lab whose Digital Currency Initiative played an integral role in helping crypto grow into the giant it is today. As the email exchange makes clear, Epstein's backing was a key pillar in establishing the DGI. "FYI," Ito told Epstein, "used gift funds to underwrite this which allowed us to move quickly and win this round. Thanks.""
""That means that 74.79 percent of the Bitcoin core development and code was committed after Jeffery Epstein took over the defacto senior management role as benefactor." That news didn't go over well with crypto enthusiasts, to put it lightly. "75 percent of bitcoins code comes directly from [Epstein's] investments," a crypto account called Crypto Bitlord agonized in response. "We've basically funded an elite global pedophile ring since 2015. I feel sick.""
The Department of Justice release of Epstein-related files revealed Epstein's extensive contacts, including involvement with cryptocurrency's formative institutions and figures. An email chain shows Epstein providing financial support tied to Joichi Ito and MIT's Digital Currency Initiative, with Ito acknowledging gift funds that enabled rapid progress. Patrick Riley calculated that roughly 74.79 percent of Bitcoin core commits occurred after Epstein assumed a major benefactor role. The revelations provoked strong negative reactions among cryptocurrency enthusiasts, including accusations that significant portions of Bitcoin development were indirectly funded by Epstein and expressions of betrayal and disgust.
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