Recently declassified documents by the U.S. Department of Justice have sparked attention—some behind-the-scenes stories of early Bitcoin development have surfaced. These details remind us that this seemingly grassroots movement has attracted the attention of various power centers and capital giants from the very beginning.

Looking at a few data points: a $850,000 donation in 2015 flowed to MIT, indirectly supporting the work of Bitcoin core developers. At that time, the Bitcoin Foundation was already struggling, and this funding helped sustain the ongoing efforts of key developers like Gavin Andresen.

Another interesting detail is that some elite circles had already been privately discussing cryptocurrencies. The documents mention that a former U.S. Treasury Secretary expressed optimism about Bitcoin in a small salon gathering but also voiced concerns about the so-called "reputation risk"—which says a lot. The attitude of the power elite has always been conservative and cautious.

By 2018, some were consulting on tax strategies related to cryptocurrencies, indicating that players in this space have never stopped their strategic planning.

**What does this mean?**

The history of Bitcoin is far more complex than the surface story suggests. From technological innovation to capital operations, from individual geeks to institutional participation, every level involves strategic play. But this is not a bad thing—it precisely shows that Bitcoin's appeal as an asset class is continuously expanding.

For holders, these historical details do not determine the future trajectory. The value anchors of Bitcoin are the network’s inherent decentralization, the continuously growing adoption rate, and evolving use cases. Who participated early on and how much they invested are all in the past.

In the market, various news and interpretations will always emerge. The key is to distinguish noise from what truly impacts the fundamentals. Technological iterations, institutional inflows, policy environments—these are the factors worth ongoing observation.