A problem of rotational kinematics/dynamics The fastest rotational speed for a disc shaped object was achieved in 1985 . The flywheel was spun up to a tip speed of 1405 m/s, at which point it failed, due to the stresses in the materials involved.
We consider a tower of flywheels, rigidly mounted on top of each other in such a way that the rotational motion of the lower ones is automatically transferred to the ones above, but each flywheel has its own independent source of additional rotational energy, that can give it an extra "kick". 
We assume that these flywheels are put in motion in sequence, from bottom to top. Each flywheel is given enough energy in order to put it in rotational motion (same sense of rotation, let's say counterclockwise) with the same angular velocity, on top of what it "inherited"  from the lower ones.
For an external observer, assuming a large number of flywheels, is it possible (in principle only because from an engineering perspective it is clearly not feasible) that points on the rim of the topmost flywheel could reach relativistic tangential velocities?
And yes, I must confess, I'm also thinking about Tipler cylinders,  but "below"  and "above" would translate to "inner" and "outer", and this is not part of the question.  It would become a problem of rotational dynamics.
Edit. Added question.  Could these systems of connected flywheels store energy more efficiently,?
 A: (Thank you for clarifying.) We imagine the topmost disk will go from rest to spinning at relativistic speeds. The work done by the net force acting on the disk will equal the change in kinetic energy: 
$$W = \Delta K = \frac{1}{2}I \omega ^2.$$
For a thin disk of mass $m$ and radius $r$, spinning with tangential speed $v$,
$$W = \Delta K = \frac{1}{4}mv^2.$$
A U.S. quarter has a mass of about 0.006 kg. If the tangential speed $v$ is 0.1$c$, $2.99 \times 10^7$ m/s, the work done by the applied force is
$$W = \Delta K = \frac{1}{4}mv^2 = \frac{1}{4}(0.006 \textrm{ kg})(2.99 \times 10^7 \textrm{ m/s})^2 = 1.34 \times 10^{12} \textrm{ J}.$$
This amount of energy is comparable to a small atomic bomb, so we are not entirely limited by the sheer quantity of energy needed. But note that this is the energy transferred to the top-most quarter by work, and doesn't include the energy required for all the other quarters in the stack plus the other parts of the mechanism. And if a mere 0.000001% of the energy goes into heating the quarter--made mostly of copper-- it will very quickly melt.
And beyond all that, there is the question of how we design a mechanism that can apply a force to a quarter that will transfer that quantity of energy via work. There's nothing special about a stack of quarters in this regard because the topmost quarter is not 'aware' in any physics sense of any of the other quarters in the stack except for the one it sits upon. All that matters for the topmost quarter the net force acting on it. 
