Former Trump Advisor Steve Bannon Working on His Own Cryptocurrency, Supports Bitcoin, Calls Most ICOs ‘Disasters’

2018-7-20 23:16

Former White House Chief Strategist Steve Bannon announced yesterday that he supports Bitcoin and that he is currently developing his own cryptocurrency.

During an interview published by CNBC on Wednesday at the eighth annual Institutional Investor Delivering Alpha conference in New York, Bannon stated, “I like bitcoin. I own bitcoin.” He added that he believes cryptocurrencies, “are the future.”

Bannon was one of the few speakers at Delivering Alpha to offer up support for cryptocurrencies. The majority of those featured at the conference including, Howard Marks, cochairman at Oaktree Capital Management, were extremely skeptical about the value of the new digital coin economy. Marks stated during his interview that he believes Bitcoin will be “shown to have no substance”.

Bannon, however, not only expressed support for Bitcoin, but also stated that he’s currently working with a team to develop his own cryptocurrency.

“We’re working on some tokens now. Some utility tokens for the populous movement on a worldwide basis. But they have to be quality.”

Despite, his support for cryptocurrency, the former executive chairman at Breitbart News made it clear that he has no love for the thousands of half-baked projects that have made up the ICO boom over the last year and a half.

“I think 90 percent of the ICOs have been a disaster … The problem has been too many investors have been blown out by things that weren’t thought through.”

Bannon first expressed his interest in creating a new virtual currency in June 2018. In an article written in the New York Times Bannon revealed that wanted to call his new token the “Deplorables Coin”–taking a jab Hillary Clinton who once described President Trump supporters as a “a basket of deplorables.”

The post Former Trump Advisor Steve Bannon Working on His Own Cryptocurrency, Supports Bitcoin, Calls Most ICOs ‘Disasters’ appeared first on UNHASHED.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 96691.67 (-0.16%)
Объем 24H $40.399b
Изменеия 24h: -0.85 %, 7d: -6.03 %
Cегодня L: $96041.94 - H: $97458.26
Капитализация $1914.458b Rank 1
Цена в час новости $ 7488.62 (1191.18%)

bitcoin own bannon supports former cryptocurrency steve

Источник: unhashed.com

bitcoin own → Результатов: 126


Фото:

Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


BTCPay Server Highlights How to Earn Your Own Bitcoin via Stores, Invoices, Retail and Donations

Earning your own Bitcoin offers a whole host of benefits that buying it just cannot compete with, but the biggest is privacy. There is prevalence of tech-infused solutions in our day-to-day lives. Especially as we continue to integrate technology into almost everything we do as individuals within an increasingly fast-moving society. Naturally, questions on privacy, […]

2019-3-22 01:22


Фото:

Justin Sun Bids to Become Tron Super Representative; Reddit All Fired Up for His Election

Tron, China’s very own cryptocurrency, has been shrouded in an air of mystery. Called a scam by some and a genuine token by others, there is no doubt that the project is unique in many ways. Highlighting one of Tron’s most distinctive characteristics — the Super Representative program — founder Justin Sun has announced his […] Justin Sun Bids to Become Tron Super Representative; Reddit All Fired Up for His Election was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-19 19:34


Charlie Lee’s ‘Own a Bitcoin Before Buying Altcoins’ Comment Sparks Crypto Tribalism

In a recent Tweet the founder of Litecoin made a statement about cryptocurrency acquisitions, quickly triggering discussion within the cryptocurrency community. Buy Bitcoin Before Altcoins? The cryptocurrency market is surprisingly tribal, with users often getting attached to their favorite cryptocurrency as if it was their hometown sports team.

2018-7-18 12:30


Фото:

Litecoin’s Charlie Lee: Buy At Least 1 Bitcoin… Before Litecoin

Litecoin (LTC) creator Charlie Lee has advised cryptocurrency investors to buy Bitcoin (BTC) before any other asset – including Litecoin. Bitcoin First, ‘Shitcoins’ Later In a tweet dated July 17, Lee, who continues to pour time into Litecoin development and partnerships despite selling his own holdings earlier this year, appeared to refer to his creation as a “shitcoin.

2018-7-18 23:00


Фото:

Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45


Фото:

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


Фото:

Bottle Caps Or Bitcoin, Crypto’s Use During Times Of Crisis

They say that in an apocalypse, during the crash of the financial system, humans may turn to items like bottle caps for currency. I do wonder why bottle caps would be the chosen item but I guess that they are easily accessible as a result of our questionable drinking habits, right? Joking aside, we want to explore how cryptocurrency could come into its own during times of crisis.

2018-7-13 12:00


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Professor Whitfield Diffie on the Challenges of Securing Data on the Blockchain

Blockchain technology has come a long way since it was introduced as the underlying technology driving Bitcoin. As the field continues to advance, modern blockchains such as Ethereum, EOS, NEO, Cardano and others are becoming software platforms where startups can build entire products and utilize decentralized features inside their own applications. Today, blockchain technology is […]

2018-7-10 16:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Haven Protocol Token (XHV) crashes after mint exploit

Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the Haven 3.

GRVT becomes world’s first regulated DEX after licensing in Bermuda

GRVT has secured Bermuda’s Class M license, becoming the first regulated DEX globally. GRVT combines 600,000 TPS with compliance, aiming to be the “Goldman Sachs on blockchain. ” GRVT plans global expansion, aligning with MiCA and ADGM for broader regulatory approval.