From Citizenship to Data: Trump’s Former Aide Says Cryptos Will Make People Freer

From Citizenship to Data: Trump’s Former Aide Says Cryptos Will Make People Freer

The instigator of right-wing populist groups as well as the former adviser to the current US President Donald Trump – Steve Bannon – has claimed that cyber money will lead to the genuine “freedom.” His words happened to be kind of promotional concerning the whole blockchain tech trend.

This week, in Swiss Zurich at an even, funded by the country’s media outlet Die Weltwoche, the former aide mentioned different types of blockchain usage, which are connected not only to cryptos.

Our top trading bots

Bennon Discussing Cryptos Too

Speaking at the event, Bennon referred to cyber assets and their core – blockchain – as “the very heart” of populist groups in the country, where he took the floor – Switzerland.

Bennon, who had to leave the White House around half a year ago, seems to have developed his attitude to financial the crème de la crème . Specifically, he had criticized them when he was in a high-ranked position. Now, he says that commercial elites, including those in Silicon Valley and Wall Street, can be dodged thanks to cyber assets.

Eloquently, the former chief of the right-wing media Breitbart, which assisted Trump in defeating his opponents in the presidential rally of 2016, said that cryptos could help people gain back their freedom. And that will happen after people, thanks to the blockchain, will take control over their:

  • central banks
  • currency
  • data
  • citizenship

“[…] that's when you're going to have true freedom," stressed Bennon.

Currently, according to his words, people’s freedom lies in the hands of central banks, governments as well as tech giants, which do not let people be in charge of their money, citizenship, and data relatively.

Nevertheless, he added that the most efficient way to disrupt the globalized system of “economic suppression,” as he described it, is with the help of nationalist and populist groups that he backed up in American states.

Crypto tax policy framework passes India's parliament despite pushback from lawmakers
A tax framework on cryptocurrencies introduced by India’s Finance Minister Nirmala Sitharaman will become law in the country after being passed as an amendment...
Swiss BSV to establish blockchain academy in the Middle East
The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement by the BSV Blockchain Association. The new...
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
Global financial market took a hit on Nov. 30 after comments from U.S. Federal Reserve Chair Jerome Powell hinted that inflation and the Omicron COVID-19...
Mark Cuban says he is locking $50k in tokenized carbon offsets every 10 days
Famed billionaire and reality TV star, Mark Cuban, has revealed he is using blockchain technology to lock up carbon offsets on the Polygon network.In a...
FTX buys Super Bowl ad slot to promote crypto to a TV audience of 92M
Cryptocurrency exchange FTX, has secured an advertisement spot in one of the most watched events in America — the championship game of the National Football...
CFTC renewed: What Biden’s new agency picks hold for crypto regulation
On Sept. 14, United States President Joe Biden revealed his picks to fill two vacant seats at the United States Commodity Futures Trading Commission (CFTC)....
Fruits of the land: Blockchain traceability gives farmers a competitive advantage
The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture...
Uncertainty prevails as December 2021 Bitcoin futures show an inverted pattern
It's not yet known whether Binance's recent news of  being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin...
Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back
The highly anticipated Nasdaq debut of renewable energy-focused BTC mining firm, Bitfarms (BITF), saw the company’s stock fall by as much as 8.6% amid weakness...
The Netherlands should regulate crypto instead of banning it, says finance minister
A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total...
Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget
Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden's new $6 trillion federal...
Restricting crypto trading to millionaires good for Hong Kong, says official
Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury has defended the recent proposal by the city’s Financial Services and the...
Ethereum bulls hedge their bets ahead of next week's $250M ETH options expiry
Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal...
It was only a matter of time — Some NFTs now have human DNA sequences
Nonfungible tokens, or NFTs, haven’t quite reached the level of awareness to take over the human race — yet — but at least one of them contains the chemical...
Litecoin Climbs 10% As Investors Gain Confidence
Investing.com - Litecoin was trading at $240.274 by 23:26 (03:26 GMT) on the Investing.com Index on Wednesday, up 10.05% on the day. It was the largest...