Reports: politician Steve Bannon interested in crypto

Reports coming from the United States tell that one of the most controversial right-wing politicians Steve Bannon had become interested in the market of digital currency, meeting unspecified ICO entrepreneurs and clearly planning to engage with this space more in the future through the enterprise called Bannon & Company.

The press cites his words about the “revolutionary” nature of digital currency because it “takes control back from central authorities”. As clearly witnessed by the events of the past week, the central authorities can influence the price of digital currencies like none other market participant.

One may have serious doubts about the usefulness of Steve Bannon to the sphere — especially considering his past leadership over the website with racist publications called Breitbart and the characterization by President Donald Trump with whom he also worked in the past:

JUST IN: President Trump statement on Steve Bannon: "When he was fired, he not only lost his job, he lost his mind." pic.twitter.com/LxZoBI5Ng4

— NBC News (@NBCNews) January 3, 2018

For some left-wing media outlets, the presence of Steve Bannon in the crypto sphere may serve as a perfect means of demonization of the market. As witnessed from Jacobin, a part of the left-oriented economic community observers consider Bitcoin a pompous project of libertarians.

Image: Sylvain Lefevre / Getty Images