Bitcoin Core Was Captured

Bitcoin Core has been captured since 2015, "five core developers" 3 of the developers joined the "Media Lab". "Big win for us". "take control" of the developers. 🤮 From: jeffrey E. [jeevacation@gmail.com] Sent: 4/25/2015 5:06:32 PM To: Joichi Ito Subject: Digital Currency Initiative gavin is clever} On Sat, Apr 25, 2015 at 10:57 AM, Joichi FYI Used gift funds to underwrite this which allowed us to move quickly and win this round. Thanks. - Joi > Begin forwarded message: > From: Joi Ito > Subject: Digital Currency Initiative > Date: April 25, 2015 at 10:25:09 AM EDT > Begin forwarded message: > From: Joi Ito > Subject: Digital Currency Initiative > Date: April 25, 2015 at 10:25:09 AM EDT > To: > As Bitcoin and Digital Currencies have started to become an important trend, the Media Lab has launched an initiative in the space. > I wrote a blog post on why I think Blockchain/Bitcoin are like the Internet: http://joi.ito.com/weblog/2015/01/23/why-bitcoin-is.html > The way that Bitcoin is organized currently is that there are five core developers and around a hundred contributors to the core code. The five core developers are like Linus Torvalds of Linux. They decide what changes are made to the core code. One of the five is the Lead developer, Vladimir, and one is the Chief Scientist, Gavin. > Gavin, Vladimir and Cory (an important contributing developer) were being paid out of a non-profit organization called the Bitcoin Foundation. A few weeks ago, it "blew up" when one of the board members declared the foundation "bankrupt." ( https://bitcoinfoundation.org/forum/index.php/topic/1284-the-truth-about-the-bitcoin-foundation/ ) Many organizations scrambled to step into the vacuum created by the foundation and "take control" of the developers. We moved quickly talking to all of the various stakeholders and the three developers decided to join the Media Lab. This is a big win for us. > According to the WSJ Blog: > http://blogs.wsj.com/2015/04/24/bitcoin-price-e-swings-with-eye-on-emerging

A screenshot of a tweet overlays a long email thread about Bitcoin Core developers joining the MIT Media Lab. The tweet sarcastically claims this proves Bitcoin Core was captured, while the email celebrates the developers joining the Media Lab as a strategic victory. It is used as a reaction to arguments about Bitcoin governance, control, and the Bitcoin Cash split.

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