US musician and cryptocurrency enthusiast Sean Ono Lennon said that bitcoin (BTC)’s surge in 2020 has boosted his morale during a year that he described as otherwise “an ocean of destruction,” raising hopes for a new financial renaissance that could be facilitated by the cryptocurrency’s increased adoption.
The artist, who is the son of John Lennon and Yoko Ono, declared his faith in crypto’s capacity to change the world for the better in an interview with Max Keiser and Stacy Herbert of the Orange Pill podcast.
“Talking to you guys about bitcoin is one of the only things this year that has given me more optimism and happiness about my faith in the near future and humanity in general,” Lennon said. “Bitcoin is something that empowers individuals. It empowers people in a way they’ve never been empowered before.”
“Something that transcends the physical world … means that you have total agency, you have total self-sovereignty. And as long as you can remember your key phrase, then you’re good to go. It doesn’t matter if there’s a despot that takes over in America. You can just take a backpack with a protein bar, and a bottle of water, and leave,” according to Lennon.
Commenting on Keiser’s words that bitcoin brought the first separation of the state and money, similar to the earlier historical rupture between the state and the church, Lennon said that it seemed “like Bitcoin could disrupt the financial industry” and their powerful allies, other related which brought questions about “what’s going to happen in the last throes of these institutions trying to keep power”.
The artist also said there is a risk that the resulting power grab could enable “global banks to release some kind of global crypto [which] replaces all fiat currencies and everyone gets enslaved into a new cryptocurrency that is the opposite of Bitcoin.”
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