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 I listen to former US Presidents:  

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.” — FDR letter to Colonel Edward House, Nov. 21, 1933

https://en.wikiquote.org/wiki/Franklin_D._Roosevelt
 
 You don't need a quote from some rando that happened to be elected president to understand that in a largely capitalist system the people with the most money control most of the power.

Cryptocurrency doesn't change that, in fact cryptocurrency as crypto fanatics want it to work further concentrates that money as it rewards people far more for being able to save. Poor people generally can't save because the rich people controlling prices of necessities ensure they are living on the edge of their means.