Steve Bannon is getting into cryptocurrency and has talked about creating 'deplorable coin'

Posted On: Jun 14, 2018   |   Posted By: Business Insider

Steve Bannon is getting into cryptocurrency and has talked about creating 'deplorable coin'

Steve Bannon, President Donald Trump's former chief strategist, is getting into cryptocurrencies.
Bannon said he took a significant position in bitcoin and is considering creating a new cryptocurrency called "deplorable coin."
Bannon was introduced to cryptocurrencies by Brock Pierce, a former child actor in the "Mighty Ducks" movies.
Steve Bannon wants in on the cryptocurrency craze.
Bannon, President Donald Trump's former chief strategist and the former head of the far-right website Breitbart, has invested in bitcoin and is making plans to dive into the cryptocurrency markets according to a new report from the New York Times .
According to the Times' Jeremy W. Peters and Nathaniel Popper, Bannon discussed plans with a group of academics at Harvard to launch a new cryptocurrency called "deplorables coin," a reference a now-infamous comment form 2016 Democratic nominee Hillary Clinton on the campaign trail.
Bitcoin , the most widely-known cryptocurrency, soared to a price of nearly $20,000 a coin in December...

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