In August 2017, the White House participated in the grand prix of the crypto-money lovers of betting on the fact that Steve Bannon, the beginning of a financial revolution of Bitcoin, would be the beginning of the fall from Trump.
“It’s destructive populism,” Bannon told the New York Times. “It takes control of the central authorities, it is revolutionary.”
Before entering politics, Bannon became Goldman Sachs investment banker. Harvard Business School graduate is an obvious libertarian, ie unregulated market support for anti-cryptography, not a surprise.
Bitcoin before shopping virtual money
Interestingly, Bannon traded virtual money before the creation of Bitcoin, as reported by the NCC.
Bannon Internet Gaming Entertainment was the CEO of a company called The Warcraft popular online game of 2007 spent $ 60 million virtual money in the world.
Bannon was supposed to earn money over a process “gold, culture” that would allow players to advance in the casting of their characters by buying large amounts of virtual money in the cast of players.
World of Warcraft steve bannon
Some players have reported that the other players have accumulated so much gold that they are willing to trade real money for this, the Financial Review.
The company Bannon, Internet Gaming Entertainment, has made hundreds of millions of dollars at a point as this racket is becoming a lucrative online tool.
Control everything Money control
Since the fall of politics in 2017 and the fall of Breitbart News in January 2018, Bannon has fought the way to cryptocurrence. He wants entrepreneurs and country help to start their own virtual currency.
“It’s quite clear to me that unless you check out your money, all those political movements owe those who control the money,” Bannon said. “Control of money is controlling everything.”
Timothy Lewis, the hedge fund manager and adviser to the block chain, met in May 2018 to discuss the initial offerings of Bannon coin and cryptocurrency arrangements.
I was impressed with his amazing deep knowledge of Bannon crypto New York Times. “He has clearly done his homework,” said Lewis, founders of the Ikigai hedge fund, which invested in the CryptoCurrency projects.
Bitcoin has a “good involvement.” Bannon said that if he had not joined the Trump campaign before, he would be involved in encryption in 2016.
Unfortunately for Steve Bannon, the president has not given Breitbart the big media platform. After he left the White House, he put a distance between him and Trump supporters, his eyes fell.
Institutional investors want a “regulatory clarity”
Bannon of the most part of the mind is unpopularity and he is not afraid to talk about projects cryptocurrency. He said there is no denying that virtual currencies have entered the zeitgeist.
As Bitcoin is buzzing during the week, regulatory interpretation is intensifying, and the industry is concentrating on the growing media.
Many Bitcoin bulls legitimize this industry and encourage wider adoption because they say it is good for regulation.
By CNBC “King Crypto Wall Street” crown Bart Smit will be paid after the “regulatory clarity” will be ensured that corporate investment will be paid.
There’s a new crypto king on Wall Street, and that’s what he said about his #Bitcoin $ BTC pic.twitter.com/AJ09IFfiTE business
– Quick Money CNBC (@CNBCFastMoney) June 6, 2018
“There is a great debate as to whether there should be more or less regulation.” In our view, this is the regulatory clarity, “said Smith, group leader of digital assets Susquehanna International Group. “transparency institutions will provide the future of all important institutions because they do not like to invest in ambiguity.”