Ben Garrison cartoon: The Fall of Crypto
(grrrgraphics.com)
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Also Bitcoin isn't Bitcoin. Central bankers captured/hired all the devs and have been directing it since 2017, disabling planned features and basically making it useless for anything other than speculating.
Bitcoin Cash (BCH) forked the project and kept the original ethos alive, and it became one of the most heavily vilified coins for it.
Hitching this on to this post so that more people see this!
I would argue that the takeover was much earlier than 2017. In 2013 Gavin Andresen went to Langley to talk with the CIA about Bitcoin. Not long after (in 2014) Blockstream (A very CIA-y name, I might add) came onto the scene and became a core part of the development group, eventually becoming the main (group of) developer(s) as Gavin set aside his lead developer role to work on the Bitcoin Foundation. Around this same time (end of 2014 - 2015) Blockstream became the lead committer and in conjunction with that, Jamie Dimon spoke at the WEF (from 2014 and on) numerous times about Bitcoin and how he predicts that the end-result of Bitcoin is a payment system much like what he have had up until now (read: under banker control, in addition to the CBDC push we are seeing now, this was from 2014!).
Then skip up to 2017 we have the Blocksize War, the result of the blocksize stranglehold Blockstream permitted and actively advocated for.
See, Bitcoin wasn't a creation of TPTB, but it was co-opted and broken into this Frankenstein of a system. We can see that it happened rather early in Bitcoin's life with Gavin, (!speculation!) who was probably given an ultimatum after visiting Langley to develop Bitcoin the way they wanted it. He didn't want to capitulate but he also didn't want to bring harm to his family and so he handed off the commit keys to Blockstream in the end (/!speculation!).
It was supposed to be more than a numbers-go-up ponzi scheme, it was supposed to be CASH, and Bitcoin is still alive today as CASH, Bitcoin Cash.
https://www.youtube.com/watch?v=eafzIW52Rgc
WATCH THIS! They took over Bitcoin to sell us a solution to a problem that they created! Where has this happened before? Who operates under this premise? We Anons know!