# 37 - Crypto is Empowering | Phil Bonello

*Author: Ryan Sean Adams, David Hoffman*
*Published: Nov 2, 2020*
*Source: https://www.bankless.com/de/-crypto-is-empowering-phil-bonello*

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Phil Bonelo:

- Director of Research of Greyscale
- Former ikigai asset management
- Messari. How crypto powers the individual.
Phil speaks about technology for the people by the people, a central theme of the Bankless Nation.

Crypto is an empowering technology.

Elliptic curve cryptography provides the maximum level of ownership assurances over property, a service that the Nation State historically has had monopoly over.

Cryptocurrency is a subset of cryptography. Cryptography powers more thing than just 'crypto'.

Why is it important to have individual-empowering technology?

How does encryption empower the individual? Is this good?

How does cryptography impact global labor markets?

What does an internet-enabled economy produce?

What else can we do with this power?

Join us as we go on this journey!

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#### **RESOURCES**
- 📄 [Read the Sovereign individual thesis](https://philjbonello.substack.com/p/the-sovereign-individual-investment)