Cryptocurrency and blockchain technology appears to have an advocate in the person of former President Donald Trump aide and former head of right-wing media outlet Breitbart Steve Bannon. In a lecture recently held as part of a European speaking tour, Bannon made some statements pointing to his support for the liberation of the cryptocurrency market.
“Central banks are in the business of debasing your currency,” he said. “The central technology conglomerates are in the business of debasing your own personal sovereignty and your own personal data.”
As to why he supports cryptocurrencies, “We take control of the central banks away. That will give us the power again… 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.”