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The media has read Jeffrey Epstein's exploits through the wrong lens, writes La Repubblica. As the investigation files are being declassified by the US Department of Justice, it is becoming increasingly clear what the moral of this dark tale is. Not just a murky modern-day Decameron, where bored billionaires and flamboyant statesmen unleash their sick erotic manias thanks to a terrifying prostitution ring set up by a wealthy pimp and his queen bee
But also a dark “Romanzo Capitale”, where deviant sex becomes the axis of all power and all blackmail, where politics intertwines with business and global autocracy hybridizes with digital oligarchy. One of the most unexpected threads of the Epstein files leads directly to cryptocurrencies and Bitcoin, a real passion that the criminal financier from Brooklyn cultivated for a long time before his arrest and subsequent suicide in prison.
Planet Crypto
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The vast body of court documents shows that Epstein was active in the crypto world for 15 years and was fully integrated into the vast circle of technocapitalist elites who were forging the new global economy. In 2013, a scientific advisor to Bill Gates and former director of the MIT Media Lab, Boris Nikolic, emailed him a very detailed analysis of Bitcoin. In 2014, a senior Blockstream executive, Austin Hill, updated him on the latest developments in that expanding market, namely the growing tensions between investors around the two competing projects Ripple and Stellar. In 2016, Epstein himself even suggested to two Saudi interlocutors the creation of a new currency for the Middle East. According to Crypto.news, the new digital currency (inspired by Bitcoin) was supposed to develop a Sharia-compliant payment system, intended for internal use by Muslim communities, with a paper version that would reproduce in Arabic the writing that appears on dollars: In God We Trust. The project was at such an advanced stage that Epstein, in another email, had revealed that he had discussed it with “the people behind Bitcoin”. And in 2016, immediately after Brexit, Epstein tried to weave the threads of a populist revolt against European technocracies together with Peter Thiel, who nine years later, with Trump’s re-election to the White House, would become his main ideologue (as well as business partner in the Pentagon): “Return to tribalism, opposition to globalization, new incredible alliances…”, he wrote in an email.
In 2018, the next step came: Epstein sought advice on cryptocurrency taxation, token transactions, and distribution rules from the inescapable Steve Bannon, Trumpian dark prince and patron of the Sovereign International, with which he has kept Matteo Salvini and the entire European far right “in check.” Fast forward to 2019: Epstein received another email from consultant Richard Kahn, describing the “massive backlash around Coinbase” and its acquisition of blockchain analytics company Neutrino. As Mohammad Shahid writes in Yahoo Finance, the documents suggest that Epstein was closely following the rise of cryptocurrencies, with a particular eye on regulation. During the same period, Epstein donated $850,000 to the Massachusetts Institute of Technology to support his digital currency DCI, which at one point paid the salaries of Bitcoin Core developers Gavin Andresen and Wladimir Van der Laan: Epstein visited MIT a full nine times, privately, but his identity was always kept confidential. In short, a capillary network of interests and businesses, relationships and connections emerges, from which only today can the common thread, which is once again the military-industrial-digital complex, be fully understood.
Today, after allowing “The Donald” and his family to earn several billion dollars, Bitcoin is in the middle of the road. Since October, from a peak of 125 thousand dollars, it has lost almost 40% and today it is quoted at around 76 thousand. The Mar-a-Lago tycoon wants to turn crypto into digital gold, although at the moment yellow gold, the real one, leads the ranking of safe assets. But the race is still long. And in any case, it is impressive to discover that the one who first bet on Bitcoin, more than a decade ago, was precisely the pedophile friend of the Washington sheriff, along with the masters of the world who frequented his miserable Sodom and Gomorrah.
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