Steve Bannon goes against Trump on bitcoin, saying 'cryptocurrencies have a big future'

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Steve Bannon goes against Trump on bitcoin, saying 'cryptocurrencies have a big future'
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'They could be a very important part going forward, particularly in this global populist revolt,' says the former White House chief strategist.

"Cryptocurrencies have a big future," Bannon told CNBC on Friday. "They could be a very important part going forward, particularly in this global populist revolt."

Bannon has generally towed the Trump line on hot-button issues since his departure as White House chief strategist in August 2017, not even a year after the presidential inauguration.'s June announcement of its Libra digital currency effort, Trump tweeted, "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air." He added, "Unregulated Crypto Assets can facilitate unlawful behavior.

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