Unmasking the Epstein Bitcoin Theory: JP Morgan Links & the Trump Leverage Game | #BitcoinHardTalk Ep.108
Nov 28, 2025Don't Have Time To Watch The Full Episode?
Watch the TLDR Ai Summary (Duration: 33 minutes)

Watch the Whiteboard Explainer Video (Duration: 6 minutes 51 seconds)
Hey hey Bitcoin Wealth Builders,
Welcome to the essential summary of BitcoinHardTalk Episode 108, which aired live on YouTube, X, and Rumble on November 28th, 2025. For three hours and five minutes, we unmasked a full-blown attack by the "proof of weapons network" on peaceful proof of work. This post is your TLDR—the critical intelligence you need to understand how they are weaponizing Jeffrey Epstein, market manipulation, and political leverage to trick you out of your Bitcoin.
This is a three-front war. But this is more than a series of isolated attacks; it's the operational playbook for managing the decline of the West and engineering the largest capital realignment in a century. We'll dissect it in three parts: This Week in Bitcoin, This Week in Macro, and This Week in GeoPolitics. Let's get into it.
Part 1: Did Epstein Fund Bitcoin? | This Week in Bitcoin (Part 1)
Watch The Video (Duration: 1 hour 39 minutes)
The Attack Vector: Weaponizing Old News
The core allegation that recently surfaced is that Jeffrey Epstein funded Bitcoin Core developers. This is a classic propaganda operation: 95% is truth, but they strategically omit the 5% that completely changes reality. This narrative was pushed simultaneously with a public relations campaign for Zcash, led by figures like Barry Silbert.
The actual connection is far more nuanced. Epstein provided funding to MIT. After the original Bitcoin Foundation collapsed in 2015, a subset of MIT called the Digital Currency Initiative (DCI) used some of its funding to support a few Bitcoin Core developers. This is old news, strategically unearthed and weaponized to create a narrative of moral contamination and sow distrust in Bitcoin's foundations.
A Brief History of Compromise and Control
This is just the latest in a long history of attempts to control Bitcoin's development. Funding for developers began with simple community donations. It then evolved to corporate funding through companies like BitPay, which introduced shareholder agendas.
This led to the creation of the Bitcoin Foundation, a more decentralized funding model. However, the Foundation itself became a major attack vector, populated by compromised figures:
- Charlie Shrem: The founder of BitInstant, arrested and imprisoned for money laundering.
- Mark Karpeles: The CEO of the collapsed Mt. Gox exchange.
- Brock Pierce: A controversial figure with a public record of meeting with Jeffrey Epstein.
After the community lost faith and the Bitcoin Foundation collapsed, the funding vacuum was filled by MIT's DCI, bringing us to the source of the current attack vector.
Bitcoin's Ultimate Defense
Despite these relentless attacks, Bitcoin's integrity remains intact. The network was designed with a layered defense against any single point of failure or control. It all starts with the open-source code, which anyone can review for backdoors or vulnerabilities. That code is secured by a globally distributed network of miners—the largest supercomputer in the world—making it impossible for any single entity to shut it down. But the miners don't have absolute power. Their work is constantly validated by thousands of independent users running their own nodes, enforcing the rules of the network and providing a critical check and balance. And if all else fails, the ultimate power lies with the users, who can resist unwanted changes from developers or colluding miners through a "user activated soft fork."
The Gateway Drug Theory
My overarching theory is that Bitcoin was never a "honeypot" with a secret backdoor designed to steal your funds. That's the uneducated analysis. The reality is that it was designed as a "gateway drug"—a mechanism to acclimate the public to digital currencies before the planned rollout of centralized stablecoins and, ultimately, Central Bank Digital Currencies (CBDCs).
Part 2: Epstein, Macro & Market Manipulation | This Week in Macro (Part 2)
Watch the Video (Duration: 35 minutes 34 seconds)
The financial industrial complex uses a process I call "vasilization." They deploy financial weapons of mass destruction to force companies into submission and dependency, turning them into tools for the network. This past week, we saw three live attack vectors deployed.
Attack Vector 1: The MSTR (MicroStrategy) Killshot
A coordinated structural attack was launched on MicroStrategy (MSTR). MSTR's financial vulnerability is clear: it holds approximately 650,000 BTC but has only $54 million in cash against $700 million in annual obligations.
The attack unfolded in stages:
- The Narrative: Short-seller Jim Chanos established the "long Bitcoin, short MSTR" narrative, framing the asset as good but the corporate wrapper as bad.
- The Squeeze: JP Morgan implemented a punitive 95% margin hike on MSTR shares, draining liquidity and making it virtually untradeable for leveraged funds.
- The Threat: MSCI, the global index provider, announced it was considering delisting companies like MSTR from its indices, which would force a massive sell-off from pension funds and ETFs.
They are engineering a mass migration of capital, scaring investors out of a supposedly 'pro-Bitcoin' vehicle and herding them straight into the Wall Street derivatives they fully control, like IBIT structured notes.
Attack Vector 2: The Squeeze on Tether
A vasilization attempt was made on Tether, which has become the world's largest private Bitcoin miner. Tether is already deeply connected to the establishment; its US Treasury reserves are custodied by Canter Fitzgerald, led by deep-state operator Howard Lutnik.
This week, S&P Global Ratings downgraded Tether to "weak." This move is designed to create fear and potentially trigger a "run on the bank." Such a scenario would force Tether to sell its Bitcoin reserves to meet withdrawal demands, creating immense downward pressure on the market.
Attack Vector 3: The Trojan Horse of Bitcoin-Backed Loans
Players like Jack Mallers of Strike, after partnering with Canter Fitzgerald, are now aggressively promoting Bitcoin-backed loans. This is a trap. It encourages users to give up self-custody of their Bitcoin, putting it at risk. During a manipulated price crash, these loans will be margin-called, and the collateral—your Bitcoin—will be liquidated and scooped up by the financial industrial complex.
...strategy is a full-blown financial industrial complex, financial weapon of mass destruction to centralize as much Bitcoin as possible so that it is fully submitted to those that are investing in those products.
Part 3: Epstein, Trump & The GeoPolitical Consequences | This Week in GeoPolitics (Part 3)
Watch the Video (Duration: 51 minutes 9 seconds)
A War Behind the Scenes
The current global situation is best understood as a conflict between two factions of the "proof of weapons network" with opposing goals:
- The Military-Industrial Complex (MIC): Wants perpetual war and global instability to maintain US dollar dominance through the petrodollar system.
- The Financial & Technical Industrial Complexes (FIC/TIC): Want regional stability in the Middle East to facilitate a managed transition to a multipolar world, stripping assets from a declining West and acquiring them in the rising East and Global South.
The Epstein files are the primary weapon being used in this internal war to enforce discipline and maintain leverage on all players.
Trump: The Predictable Asset
Donald Trump is not a rogue actor; he is a predictable asset. He was forged in the cesspool of corrupt New York real estate, with deep ties to mob lawyer Roy Cohn and the Genovese crime syndicate. He understands the game of bribery, leverage, and compromise because he has played it his entire career.
His "Zionist ball and chain" is solidified through the Kushner family. Jared Kushner's father, Charles Kushner, is a convicted felon who perfected the art of leverage, famously using a honey-trap blackmail scheme to silence a federal witness—his own brother-in-law.
Controlling the Narrative
The recent release of the Epstein files was not a transparent act of justice; it was political theater and a strategically managed leak.
The Trump administration's actions reveal the game. First, they tried to block the full release. Then, they reversed course and launched a highly targeted, partisan DOJ investigation exclusively into Democrats. This was a brilliant legal maneuver. By classifying the files as part of an "ongoing investigation," they created a legal shield to prevent the complete, unredacted truth from ever reaching the public.
Meanwhile, the preferential treatment of Ghislaine Maxwell in a low-security prison is blatant evidence of the immense leverage she still holds over the entire network.
The Real Battle
All of this political theater and market manipulation is a distraction from the fundamental conflict.
We are in a battle for self-custody versus control. That is the battle that we are in.
Conclusion: Exiting the Finite Game
From a Bitcoin perspective, the complex attacks we've unmasked—from weaponizing old news about developers to sophisticated market manipulation and geopolitical blackmail—are all designed for one purpose: to trick you into giving up your Bitcoin. They want you to re-enter their centralized financial system through vehicles they control, like ETFs, treasury companies, and Bitcoin-backed loans.
These are the financial weapons used to manage a global power transition, and they are aimed directly at your sovereignty.
The only true form of resistance is to opt-out. You must exit Wall Street's finite game of debt and control by embracing the infinite game of Bitcoin self-custody. This isn't just a financial strategy; it is a moral imperative to fight back against a system that profits from chaos and preys on the vulnerable. The battle for self-custody is the battle for a humane future.
Take Action & Fight Back
The algorithm will not give this information freedom of reach. I rely on you. If you found this valuable, fight back against censorship by sharing this article with as many people as possible.
- Subscribe to the Simon Dixon YouTube channel and follow on Rumble for all video content.
- Follow Simon Dixon on X for daily updates and to join our live X Spaces.
- Subscribe to the "Bitcoin Hard Talk" podcast on Spotify or Apple Podcasts for audio-only versions.
- Visit simondixon.com—my sovereign home for all content, safe from censorship.
Watch On YouTube
Listen on Apple Podcasts & Spotify

Simon Dixon π
Bitcoin OG | Investor | GeoPolitical & Financial Analyst
Disclaimer
Commitment to Analysis and Non-Personal Commentary:
The content provided in this analysis is based on the host's experience as a veteran investor, having worked in investment banking, and having been involved in the Bitcoin space since its early days. This episode's purpose is to help listeners recognize the systemic nature of the proof of weapons network (PWN) and its operations, rather than engaging in character assassinations. The analysis aims to provide a framework for understanding the structural financial weapons of mass destruction, submission, and blackmail networks.
The host explicitly states: "This isn't about anything else other than understanding the systemic nature of how the proof of weapons network uses their weapons". The analysis is focused on following the incentives and the money, not making accusations.
Legal and Factual Clarity:
The information presented regarding historical events, such as those concerning the Bitcoin Foundation, Brock Pierce, Charlie Shrem, and the DCI funding, relies on stories and accounts from the host's perspective and surrounding public information. Statements regarding historical compromise, geopolitical leverage, and financial market maneuvers represent the host's analysis, understanding, and overarching theory, such as the "gateway drug theory" versus the "honeypot theory".
The host commits to sharing the truth, the whole truth, and nothing but the truth "as I see it". The analysis encourages verification, reminding the audience to operate with the Bitcoin mantra: "don't trust, verify".
Investment and Financial Advice:
The host does no monetization, no sponsorship, and has nothing to sell. The analysis should not be construed as investment advice. The host is strategically dele veraging from all positions that would compromise the ability to tell the truth and is moving toward sovereign Bitcoin and self-custody. Any advocacy for self-custody and boycotting specific financial products (ETFs, treasury companies, Bitcoin-backed loans) is presented as a personal strategy for resistance against the vasilization imposed by the financial industrial complex (FIC) and the PWN.
Final Note on Safety and Transparency:
The host confirms that they are "perfectly happy" and will "never commit suicide," encouraging the community to look out for each other while continuing to expose the network.





