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orangecrush

(19,540 posts) Thu Jul 19, 2018, 10:30 PM Jul 2018

Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency

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

Speaking to CNBC on Wednesday, the Breitbart co-founder said "they're the future," adding that "we'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 many details of his cryptocurrency plans, according to the New York Times.

He did contemplate naming his token the "deplorables coin" at the time, 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, saying "I think these cryptocurrencies have a huge aspect in the future. Obviously, there's problems in the markets, problems about what it's used for."

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

Let me guess - this is going to be an instrument to launder Russian money for the Trump campaign.

7 replies

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Highlight:

Ex-Trump Advisor Steve Bannon Is Making a Cryptocurrency (Original Post) orangecrush Jul 2018 OP

There's a sucker born every minute. Crutchez_CuiBono Jul 2018 #1

"problems about what it's used for" PSPS Jul 2018 #2

Happy one year anniversary to this moment in twitter history oberliner Jul 2018 #3

... orangecrush Jul 2018 #7

I can not wait until the dark internet picks his bones and bank account clean. marble falls Jul 2018 #4

A Laundry Mat in plain site. Isn't his liver solid rock yet? JDC Jul 2018 #5

Yes orangecrush Jul 2018 #6

Crutchez_CuiBono

(7,725 posts)

1. There's a sucker born every minute.

Reply to orangecrush (Original post)

Thu Jul 19, 2018, 10:32 PM

Jul 2018

guess they haven't been ripped on enough by these guys. Cryptocurrency...and they can't even secure voting boxes....I'll keep my cash.

PSPS

(13,591 posts)

2. "problems about what it's used for"

Reply to orangecrush (Original post)

Thu Jul 19, 2018, 10:45 PM

Jul 2018

I presume this is just a ruse to fleece the gullible because, if you read last Friday's indictment, the anonymity aspect of cryptocurrency is now a mirage. Or maybe Bannon is just a dim bulb when it comes to this level of technology and he really thinks it will secretly and safely open the floodgates for russian mob/kremlin cash.