Source: Brownstone Institute
by Aaron Day
“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.” (02/05/26)