The Hijacking of Bitcoin

Etienne de la Boetie2

by Aaron Day February 6, 2026

Bitcoin was supposed to be simple: digital money you could send to anyone, anywhere, without a bank or government getting in the way. When Satoshi Nakamoto released the idea in 2008, it was described as peer-to-peer electronic cash, like handing someone cash in person, but over the internet. No middleman. No permission needed. Privacy protected. Freedom built in.

That sounded perfect to me. I live in New Hampshire, part of the Free State Project, where people are working every day to shrink government and expand personal liberty. Bitcoin felt like the financial side of that same fight: sound money that could not be printed endlessly or frozen on a whim.

Today, though, Bitcoin is sold as digital gold, something you buy and hold, not something you spend on coffee. Transactions are slow and expensive on the main network. Most everyday use happens on side systems that add layers of control. The whole story changed from cash for the people to scarce asset for Wall Street. That did not happen by accident.

It was hijacked.

The people behind it used money, connections, and influence to steer Bitcoin away from its original purpose. Key evidence comes from the Jeffrey Epstein court files, government investigations, academic research, and public records. The names that keep showing up are Brock Pierce, Epstein himself, and later Howard Lutnick. Their fingerprints are all over the shift, and the tools now being built on top of it, like the GENIUS Act (signed into law in July 2025), the CLARITY Act (passed the House in 2025 and advancing), and the Bitcoin Strategic Reserve (established by executive order in March 2025).

Here is what happened.

Read full piece at link below:

https://dailynewsfromaolf.substack.com/p/the-hijacking-of-bitcoin

FTX CEO
Clinton, Blair, and FTX CEO Sam Bankman-Fried

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