Cryptocurrencies and the Political and Financial Elite

Will Cryptocurrencies Overturn The Established Political And Financial Elite?

The other day I stumbled across a talk given recently by Stefan Molyneux at the last TNW Conference in Amsterdam, entitled ‘Bitcoin vs. Political Power: The Cryptocurrency Revolution’. You can see the talk on YouTube here:

The speech quickly spread around the web and Stefan even credited it as being a possible reason for his Freedomain Radio YouTube channel being mysteriously, yet temporarily, suspended the other day.


In the talk Stefan details how governments have been able to grow exponentially this last century since they replaced gold backed money with paper fiat currencies that can be printed at will, in effect a form of legalised counterfeiting. Stefan exposes how these government currencies create political and military power and benefit a small financial and political elite at the expense of everyone else who toils to produce goods and services that consumers want in the real economy.

After the history lesson, Stefan then explains how cryptocurrencies offer a whole new financial system with self-limiting and de-centralised monetary supplies that could be mankind’s best chance to check the growth of political power since the Magna Carta and lead to a much freer, more peaceful and prosperous world.

If anyone is keen to learn more about Bitcoin, and cryptocurrencies generally, my Pivotal Tribes meetup group is hosting a panel of Bitcoin specialists in June at London’s Google Campus.

About Jonathan Lea

Jonathan is a specialist business law solicitor who has been practising for over 18 years, starting at the top international City firms before then spending some time at a couple of smaller practices. In 2013 he started working on a self-employed basis as a consultant solicitor, while in 2019 The Jonathan Lea Network became a SRA regulated law firm itself after Jonathan got tired of spending all day referring clients and work to other law firms.

The Jonathan Lea Network is now a full service firm of solicitors that employs senior and junior solicitors, trainee solicitors, paralegals and administration staff who all work from a modern open plan office in Haywards Heath. This close-knit retained team is enhanced by a trusted network of specialist consultant solicitors who work remotely and, where relevant, combine seamlessly with the central team.

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