Donald Trump’s former chief strategist, Steve Bannon, is currently amidst a speaking tour of Europe and despite a boot from the White House and a mixed opinion on his politics in the US he is drawing a serious crowd in Europe and pointed to cryptocurrencies as a tool for empowerment.
Specifically, crowds are giving rapt attention to his anti-establishment movement, which features as a very important piece of the puzzle to shrugging off the hand of governmental interference.
He believes that the blockchain and cryptocurrencies can , “empower [the populist] movement, empower companies, [and] empower governments to get away from the central banks that debase your currency and makes slave wages.” Specifically he spoke about taking control back from the central banks that seem to run much of life in modern countries:
“Once you take control of your currency, once you take control of your data, once you take control of your citizenship, that’s when you’re going to have true freedom.”
Ideological issues with Bannon that some may have aside, this type of thinking isn’t necessarily wrong. Cryptos are a very promising tool to wresting control back from those that have consolidated so much over the past century.
Bannon has spent this tour repeating the same type of talk that let him gain so much popularity during Trump’s campaign, and it seems to be quite welcome to certain crowds even overseas with packed houses of people as he dished out talk against the Clintons and liberals while supporting what he calls “economic nationalism.”
Political agendas aside, there’s some importance in seeing this talk of cryptos hitting the bigger political crowds. Though Bannon is a bit of a controversial figure to many, popularizing cryptocurrencies decentralized nature to listening crowds may help bring other politicians to look deeper into the subject and potentially see it as something that the populous support and help the continuing trend of and crypto integration into other walks of life.
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India’s relationship, or lack of, with the cryptocurrency market, is well known. Yet, even as the country struggles to decide whether it should attempt to ban them or not, one former finance ministry official has made the argument that they shouldn’t be permitted. In a report from Quartz, Shaktikanta Das, a former secretary of economic […]
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