Epstein’s Bitcoin Shenanigans: The Man Who Bet on Crypto but Didn’t Believe in It

by

So, Jeffrey Epstein heard about Bitcoin in 2011. Yeah, the guy who was all about short-term gains, but long-term? Not so much.

Picture this: Epstein jumping into Bitcoin like it’s a hot tub at a party-quick splash, but he’s not sticking around for the awkward small talk.

Epstein and Bitcoin: A Love-Hate Relationship

According to StarPlatinum, Epstein sent around $850,000 to MIT between 2002 and 2017. Some of that went to the MIT Digital Currency Initiative. You know, because nothing says “trust me” like funding a bunch of brainiacs trying to figure out digital money.

And get this: he had private access to MIT staff. I mean, how many secret identities does one guy need? It’s like a bad spy movie where everyone knows the plot but pretends they don’t.

Jeffrey Epstein emails reveal his cozy ties to Bitcoin’s early ecosystem. 🚹

What’s the scoop? Well, it looks like he was rubbing elbows with the Bitcoin bigwigs before it was cool. The biggest red flag? The money connections!

Here are the main links:

– MIT Funding. Epstein and his $850,000


– StarPlatinum (@StarPlatinum_)

Oh, and let’s not forget that little shindig at Epstein’s Manhattan pad where he had Brock Pierce and Larry Summers dropping knowledge on Bitcoin years before it was the talk of the town. Summers was all in on the potential but worried about looking bad if Bitcoin crashed. Classic move!

By 2018, Epstein was sending emails to Steve Bannon asking about crypto taxes. I guess when you’re in the crypto game, the last thing you want is to deal with Uncle Sam sniffing around your digital assets.

The archives suggest he was close to Bitcoin developers and policymakers, but let’s be real-he wasn’t running the show. Just a spectator with a front-row seat to the crypto circus.

Skepticism or Just Smart? Epstein’s Take on Bitcoin’s Future

Despite his early foray into Bitcoin, Epstein had his doubts. According to Ki Young Ju, he thought the whole thing might be a flash in the pan. Governments and parallel financial systems? Yeah, that’s going to go over well.

Epstein knew about Bitcoin as early as 2011 and invested, but honestly? He was more interested in flipping it than becoming a crypto evangelist.

He was skeptical it would ever become mainstream, so he played the short game instead of the long haul.

– Ki Young Ju (@ki_young_ju)

He figured regulation was coming, like a freight train. More taxes, more rules-good luck holding onto those gains! His worries about Bitcoin supporting everyday transactions? Well, let’s just say he wasn’t planning on buying his morning coffee with it anytime soon.

Unlike those die-hard early adopters who treat Bitcoin like a sacred relic, Epstein was all about the timing and risk management. Long-term belief? Nah, that’s for the romantics.

Lobbying for Crypto Regulations: Epstein Style

In true Epstein fashion, he started getting involved in policy talks about crypto regulation. Emails from February 2018 show he was really pushing for clearer rules and stronger tax reporting. Because why not? If you can’t beat ‘em, join ‘em, right?

In one email, he asked Bannon, “Will Treasury respond to you about crypto, or do we need another way in?” You know, just casually trying to slide into the Treasury’s DMs for some regulatory clarity.

He was all for a voluntary disclosure program for crypto gains. Epstein thought it could “fk all the bad guys.” Talk about a catchy slogan!

Related Reading: Jeffrey Epstein Was Closer to Bitcoin’s Origins Than Most People Realize

Tax Compliance and Global Oversight: Epstein’s Master Plan

Epstein argued that Bitcoin transactions should be taxed under existing laws. He even mentioned buying furniture with Bitcoin. Seriously? Who buys furniture with crypto? This isn’t an IKEA ad!

He believed every little transaction created a reportable tax event, and he wasn’t shy about calling out the confusion surrounding tax reporting. “If only the government had clearer forms,” he mused.

His grand vision didn’t stop at U.S. borders; he had thoughts on global oversight too. Epstein criticized Facebook’s Libra project, warning about untaxed digital wealth spreading like gossip at a family reunion.

Read More

2026-01-31 18:54