Any new idea automatically faces the opposition of the establishment, said former Member of the European Parliament, Nigel Farage, on a panel at Bitcoin Amsterdam on Thursday.

That argument served as the introduction to Farage’s point throughout the conversation, as he drew parallels between Bitcoin and his experience pushing the then-unpopular idea of Brexit, the exit of the U.K. from the European Union.

​​“I led a political insurgency, I took on the establishment,” Farage recounted. “What I think is happening with Bitcoin is we’re seeing a similar type of insurgency, an economic insurgency that is being driven and led by people who are worried about the sheer size and scale of big government.”



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