Steve Bannon, President Donald Trump Former Chief Strategist, Is Launching His Own Cryptocurrency
Steve Bannon, President Trump’s former Chief Strategist, was once his closest ally and advisor. He was also the former Chairman of Breitbart News Network. The interesting news is that Bannon is considering launching his very own cryptocurrency and entering the crypto space in style.
Bannon has already invested in Bitcoin
During a gathering of academics, Bannon seems to have come up with the idea of launching his own crypto, according to The New York Times. It also appears that he likes to think out loud and conduct brainstorming sessions just like Trump.
Bannon already invested “a good stake” in Bitcoin, and he has also reportedly had a few private meetings with various crypto investors and hedge funds where he discussed working on ICOs via his investment business, Bannon & Company.
“It’s disruptive populism,” he said in an interview. “It takes control back from central authorities. It’s revolutionary. Control of currency is control of everything.”
Bannon’s views mirror the ones of John McAfee
McAfee portrays himself as a paladin who is fighting to empower the masses. It would take quite a creative business pitch to sell Bannon as a figure that’s in the same area.
The growing power and popularity of crypto and blockchain are recognized by lots of people, even if the subjects do receive some lousy press sometimes especially when some characters enter the crypto world for all the wrong reasons.
Bannon may be working on laying the foundation to help entrepreneurs and foreign countries to create their very own cryptos. The crypto space is currently drawing all kinds of people, and it even reached the Wall Street.
Bannon seems interested mostly in ICOs and new digital token creations, and he has been really transparent about this. People see this new interest of his as a natural progression from spreading conspirational ideal to entering a complicated tech world and trying to flaunt its financial instruments to an unsophisticated investing public.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.