When Kings Lose Control

How one quiet invention broke the powerful grip on knowledge and how history is echoing again today.

The Printing Press Revolution

In 1471, William Caxton encountered Gutenberg’s revolutionary printing press in Cologne, a machine destined to change the world.

Gutenberg’s press could copy books faster than any monk’s hand. Caxton mastered this craft and secretly brought it back to England.

By 1476, he had set up England’s first press, quietly flooding the market with books printed in English.

Before this invention, knowledge was tightly controlled by the elite.

Books were rare and costly, each slowly copied by hand. But Caxton’s press began tearing down these barriers. Ordinary people could finally access knowledge without needing permission from kings or priests.

Authorities Respond

Authorities panicked. They saw the press as dangerous—a tool for spreading uncontrollable ideas. Governments and the Church responded fiercely. France and England issued strict decrees, banning unauthorized printing and censoring books to regain control.

Yet the genie was already out. Printing spread rapidly, unstoppable by any decree. Eventually, rulers and bishops realized their mistake. Unable to eliminate the technology, they tried to control it—printing their own approved books, decrees, and Bibles.

But it was too late.

The monopoly on knowledge was shattered.

Information flowed freely, empowering ordinary people. As literacy surged, the authority of kings and priests diminished. Power decentralized, spreading into the hands of millions.

The New Financial Revolution

Today, history repeats itself. Another groundbreaking invention has emerged, initially mocked and dismissed.

Financial leaders ridiculed it, calling it a scam or a toy for criminals. Banks, fearing loss of control, warned against it. Governments labeled it dangerous, associating it with crime and chaos.

Yet despite ridicule, this technology refused to fade. Instead, it grew stronger, moving beyond the reach of skeptics. Regulators shifted from mocking to attacking.

They issued threats, warnings, and calls for bans.

In 2021, China banned its use entirely, sending prices plunging overnight. Bank CEOs openly declared traders foolish for even touching it.

But the tide turned. Those critics began pivoting. Institutions realized they couldn't stop it and decided to control it instead.

Banks and asset managers began developing their own systems to embrace this disruptive innovation. Financial giants now cautiously offer sanitized versions, packaging it safely for mainstream investors.

Yet, like the printing press, this technology resists control. Its power lies in decentralization.

Value, like information before it, flows freely without permission from governments or banks.

Money crosses borders instantly, weightlessly, at the speed of light… secured by math rather than control.

Those who grasp this truth don't wait for approval. Like Caxton quietly setting up his press, they build patiently, confident their moment will come.

The old gatekeepers may attempt to control this new revolution, but like kings and priests centuries ago, they will never regain their monopoly.

Once again, power shifts from the few to the many.

And once again, those who embrace change will shape the future.

They will build.

They will wait.

They will triumph.