Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

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Steve Bannon, former chief strategist to U.S. President Donald Trump, confirmed Wednesday that he wants to launch a cryptocurrency of its own.

Speaking to CNBC on Wednesday, the Breitbart co-founder saidthey’re the future,” adding thatwe’re working on some tokens now, utility tokens, potentially, for the populist movement on a worldwide basis.

Bannon first hinted at the idea in June, though at the time he was hesitant about revealing too much about his cryptocurrency plans, according to the New York Times.

He did contemplate naming his token thedeplorables coin” destijds, referencing a term used by former Secretary of State and presidential candidate Hillary Clinton to describe Trump’s supporters during the 2016 presidential campaign.

On Wednesday, Bannon spoke about the cryptocurrency space more broadly as well, sayingI think these cryptocurrencies have a huge aspect in the future. Obviously, there’s problems in the markets, problems about what it’s used for.

Dat gezegd hebbende, he said most ICOs have been disasters. Als zodanig, Bannon insisted the product he and his team are currently working onhave to be quality.

Bannon also commented on a few other cryptocurrencies in the markets already, saying, “I like bitcoin. I own bitcoin,” but saying he does not own any ethers.

Steve Bannon image from CNBC

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https://www.coindesk.com/ex-trump-advisor-steve-bannon-is-making-a-cryptocurrency/

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