- Trump calls 25th Amendment talk a ‘coup’ attempt 8 Months Ago
- The Hatebook: Inside Facebook’s thriving subculture of racism Today 7:29 AM
- Anthony Hamilton’s national anthem at All-Star game sparks MVP meme Today 7:02 AM
- ‘Subtle Asian Dating’ is the un-Tinder we all need right now Today 5:00 AM
- Man delighted to find 30-year-old computer still works Sunday 5:32 PM
- Report: Google used shell companies to build data centers, obtain tax breaks Sunday 3:38 PM
- Grammy winner Kacey Musgraves spoiled ‘RuPaul’s Drag Race All Stars 4’ Sunday 2:24 PM
- Conservatives feel vindicated by new developments in Jussie Smollett case (updated) Sunday 12:19 PM
- Don Cheadle made important fashion choices on ‘SNL’ Sunday 9:47 AM
- Why the Twitter left loves to dunk on Max Boot Sunday 6:30 AM
- How to watch ‘Last Week Tonight with John Oliver’ online for free Sunday 6:30 AM
- How to stream Francis Ngannou vs. Cain Velasquez for free Sunday 6:00 AM
- How to stream the 2019 Daytona 500 for free Sunday 5:50 AM
- 7-year-old YouTuber to get his own show on Nickelodeon Saturday 5:30 PM
- ‘Hipster’ jobs are trending, and Indeed says the market is booming Saturday 3:33 PM
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).