- Boys’ sleepovers vs. girls’ sleepovers meme takes stereotypes to absurd heights Tuesday 7:30 PM
- Petition wants Keanu Reeves to be named ‘Time Person of the Year’ Tuesday 6:33 PM
- 8 women accuse Max Landis of sexual, emotional abuse Tuesday 5:37 PM
- Taylor Swift accused of copying Beyoncé—again Tuesday 5:00 PM
- Everything you need to know about Libra, Facebook’s new cryptocurrency Tuesday 4:45 PM
- Netflix just renewed ‘Queer Eye’ for 2 more seasons Tuesday 4:32 PM
- YouTube’s queen of failed robots just unveiled a one-of-a-kind Tesla truck Tuesday 3:58 PM
- AOC infuriates conservatives with ‘concentration camps’ remark Tuesday 3:33 PM
- TikTok users explore identity with Lin Manuel Miranda-inspired meme Tuesday 3:24 PM
- TikTok apology video inspires new duet meme Tuesday 2:51 PM
- Man sues brewery after identifying as female to get beer discount Tuesday 2:31 PM
- Here’s what’s coming and going on Hulu in July 2019 Tuesday 2:22 PM
- This biotech company’s logo is almost straight out of Resident Evil Tuesday 1:26 PM
- Trump says mass deportations to start next week Tuesday 12:28 PM
- GOP pollster bothered by broken elevator in Austria blames socialism Tuesday 10:50 AM
Gage Skidmore/Flickr (CC-BY-SA)
Bannon apparently is interested in the potential of cryptocurrency.
Steve Bannon, the former head of right-wing website Breitbart News and adviser to President Donald Trump, is now high on cryptocurrency—so much so he even floated the idea of creating a “deplorables coin” that apparently would be marketed to supporters of the president.
But his interest in the new currency could go even further, the newspaper points out. Earlier this year at Harvard University Bannon discussed the creation of a new virtual currency called “deplorables coin,” named after the moniker Hillary Clinton gave to some Trump supporters during the 2016 election that has become a rallying cry of sorts since then.
Much like the former chief strategist saw Trump’s presidency as a disruptive force that shook the status quo, he sees cryptocurrency in the same light, the Times reports.
“It’s disruptive populism,” he said. “It takes control back from central authorities. It’s revolutionary.”
He later added:
“It was pretty obvious to me that unless you got somehow control over your currency, all these political movements were going to be beholden to who controlled the currency.”
Cryptocurrency is a decentralized currency that uses digital coins sent over the internet. Bitcoin, and other forms of the currency, have become popular in recent years.
You can read all of the New York Times report here.
Andrew Wyrich is a politics staff writer for the Daily Dot, covering the intersection of politics and the internet. Andrew has written for USA Today, NorthJersey.com, and other newspapers and websites. His work has been recognized by the Society of the Silurians, Investigative Reporters & Editors (IRE), and the Society of Professional Journalists (SPJ).