Steve Bannon May be Eyeing a Move into the ICO Space

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Not content with disrupting U.S. Politics,” Steve Bannon now wishes to interrupt the monetary system with a movement in the crypto area, based on a brand new interview. In a Bloomberg article published on Thursday, Bannon – who had been previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source he’s had meetings with investors and hedge funds about first coin offerings in relation to his investment firm Bannon & Company.

Nevertheless, he would not discuss details of some plans over concerns his controversial reputation could mar future endeavors. Notably, the governmental heavyweight turned investor also showed he’s good participation in bitcoin, before reaffirming its belief that the way cryptocurrency challenges people and institutions in power is tumultuous populism. He said: It can take control back from central government. It is revolutionary.” . Though he’s had an interest since at least as far back as 2016, Bannon’s growing fondness for the technology becomes widely known after he left the White House in August 2017 – on a speaking tour last year he said that cryptocurrency and blockchain technology will bring real freedom.” .

In accordance with the article, Bannon has previously said he wants to assist others to produce their very own cryptocurrencies, and has even touted the prospect of producing his own, called deplorable piece – deplorable being a term Hillary Clinton once utilized to describe his own supporters. Speaking about notable figures in cryptocurrency, he said, These men are visionaries.” . Steve Bannon image via Flickr/Gage Skidmore. The leader in blockchain news, CoinDesk is a media outlet that strives for the greatest journalistic standards and complies with a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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