Bitcoin vs. Political Power: The Cryptocurrency Revolution — Stefan Molyneux at TNW Conference



Historically, politicians have always fought for the power to create money out of thin air, so they can increase their spending without having to directly increase taxes. The staggering growth of political power throughout the twentieth century — the century of war — was largely made possible by replacing money limited by gold with paper currencies, which can be printed at will by government-controlled banks.


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Cryptocurrencies are the first self-limiting monetary systems in the history of mankind, and could be our greatest chance to check the growth of political power since the Magna Carta. Join Stefan Molyneux, the host of Freedomain Radio — the most popular philosophy show in the world — as he reveals the hidden political and military power of government currencies, and shows how cryptocurrencies could be greatest revolution in human history, and the foundation of a truly free and prosperous planet.

The Next Web Europe Conference — April 25th, 2014

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Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs
Litecoin Address: Lbxr3M8oezWaguEBc35MoyvQT88C85Sqpi

Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com



Bitcoin vs. Political Power: The Cryptocurrency Revolution — Stefan Molyneux at TNW Conference: 36 комментариев

  • 09.01.2017 в 2:53 дп
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    At this point in time, I have very little trust and faith in internet wallet security. Hackers have gotten into a number of exchanges over last few years, including concerns with a number of those companies defaulting, and then there’s the issue of unrecoverable passwords and so much more concerning cryptocurrencies. Also, noting, if the blockchain is so capable of tracking every transaction, then how come that they haven’t managed to catch those hackers who have gotten away with more or less $1 billion of people money so far. Security is of utmost importance.

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  • 17.05.2017 в 12:50 дп
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    I'm ignorant on this subject but I have a question. Don't you need a computer to mine bitcoin? And if so, do you not think that the Government will just shut down the Internet? They can shut down the grid of essential services…..why not the internet?

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  • 10.07.2017 в 1:00 дп
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    This is by far one of the best presentations I've seen for quite some time. God give us strenght and knowledge to make a truly free world a reality.

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  • 16.10.2017 в 5:52 дп
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    Every thing is free. Renewable resources that we need to LIVE. Water, air, fire, wild-live to kill. So.. why are we CREATING DEBT by USING A PIECE OF PAPER we CALL "money" when in REALITY it is a TRICK to deceive everyone who uses it [IT IS A FEDERAL DEBT NOTE AND EVEN SAYS ON THE BILL ITSELF]. So the SOLUTION: Every one farms. "Farming" as in living on the land and refusing to consume from a SYSTEM made by man in order to "give a chicken in every pot". Bartering WITH OUR NEIGHBORS for what we desire to trade, and refraining from bartering our souls and other mans' souls with the Government Republic Empire. So we would be …. Living on the land and toilling (working hard) until the day we die. No more stores, flourinated, chlorinated, polluted water. No more consumerism. No more destroying the world. Precisely. If every human said, "NO!" to the WRONG Anti-Christ way, we would be a different world.

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  • 20.10.2017 в 11:47 пп
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    The crowd was so silent that you could hear a pin drop, great Job with your presentation.

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  • 22.10.2017 в 7:02 пп
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    The fractional reserve model has problems but it also works. It allows for the expansion and contraction of the money supply as dictated by the economy.

    Governments' irresponsible spending is actually limited by the fractional reserve model. They can't print money, they can only borrow it. This is exactly the opposite of what Stefan is saying. If they had to borrow bitcoins, through different financial schemes, bond issuing, etc. they would do so as well.

    Governments spend too much and run deficits because that is what voters want. In Canada, voters cheered during the last election the Liberal party said they will run deficits. The Liberals were elected. People want debt, they want things and they want future generations to pay for it.

    The problems is the Democratic systems and selfish individuals. Ultimately it is citizens who borrow from their children and grandchildren. These people set the political tone.

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  • 22.10.2017 в 7:06 пп
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    Just because it is a TED lecture does not mean it is accurate.

    Fractal reserve banking controlled by a Central Bank (outside of political interference) has worked well, and it limits government's ability to print money. If Stefan Molyneux does not understand this reality then he really does not know what he is talking about.

    Irresponsible government borrowing is another matter. Governments borrow because that is what citizens want. Ultimately, people are selfish.

    If governments switched to bitcoins, they would still borrow from future generations. The only difference is that economic growth would stop, as the supply of money would stagnate and hence choke economic activity.

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  • 03.12.2017 в 8:22 дп
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    what exactly does he mean when he said "billed shall be the wall mongers and then w get peace?"

    What does that even mean.

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  • 12.12.2017 в 3:35 дп
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    I like the speech. Great points. But do people really believe governments won't find some other way to wage wars, money or no? The only way I see that ever being the case would be a full on revolution that completely destroys traditional government and replaces it with one which is built upon a limited cryptocurrency. But who knows if such an overhaul would be even be possible without enormous collateral damage that would negate the purpose in the first place.

    Moreover isn't there an argument that fiat currency also facilitates other expensive endeavors like single payer health care/insurance (second largest cost in the US after defense) that otherwise could not be afforded? I suppose he would argue that that's something people would actually choose to pay for, unlike a war.

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  • 25.12.2017 в 8:36 пп
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    Like this comment if you're here seeing this video (again) in 2017/18 and holding Bitcoins since you saw this video. Bitcoin #$14K ++++ . A single Bitcoin enough to change the outlook on your financial life!! More the merrier!

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  • 29.12.2017 в 10:00 пп
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    Bitcoin is the ONLY TRUE decentralized coin , don't be fooled by imitators they are ALL pump and dump plays , there can only be one crypto KING …. BITCOIN . Join the revolution or be LEFT behind …. #$%^ the blood sucking vampires ie …. banksters / gangsters .

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  • 04.01.2018 в 9:47 пп
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    Stefan why do I feel like we are fighting a losing batte. Look at those kids all on facebook, what a shame.

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  • 05.01.2018 в 11:43 пп
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    If I get your key code to your bitcoin, can I use it to purchase? A hard wallet cannot be hacked? and bitcoin stolen? Is that guarantee written somewhere? It takes a gun to remove dollars from my pocket. Information empowers the people,but not with regards to political power? Trump got elected because of the Internet. If you don't believe the powers to be are not going to control cryptos you are Blind or something else. When we lose cash in our pockets you will not buy anymore Bullets or guns.

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  • 16.01.2018 в 11:03 дп
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    Internet is full of trading signals reviews. So it’s always a big hassle to choose the right one. I am straight and honest to share one that has refined my experience in trading bitcoins. Just take a moment to check it out here==>>>( 4BitcoinMoney. Com ). I bet it will suit your personal trading style and help you avoid making a bad choice.?

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