The former aide to President Donald Trump and a firebrand of right-wing populist movement, Steve Bannon, is now touting the liberating potential of cryptocurrency and blockchain technology.
He alluded to both the financial and nonfinancial applications of the blockchain, especially for managing personal data, on Tuesday at an event in Zurich sponsored by the Swiss newspaper Die Weltwoche.
Breitbart, former head of right-wing media outlet, who also allegedly helped President Donald Trump win the 2016 presidency as the campaign’s chief strategist stated “Central banks are in the business of debasing your currency Central governments are in the business of debasing your citizenship. The central technology conglomerates are in the business of debasing your own personal sovereignty and your own personal data.”
According to news reports, “Bannon, a former member of the National Security Council, was dismissed from the White House in August 2017. During this brief tenure often criticized ‘financial elites,’ including those in Wall Street and Silicon Valley.”
Meanwhile, Bannon is now calling a cryptocurrency a perfect tool to escape the control of such elites.
“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.”
He added by saying that the best way to “break” what he described as the globalized culture of economic oppression is with populist, nationalist movements like the one he popularized in the U.S.
His political rallying cries about cryptocurrency inspired resounding applause from the European audience.