Furthermore, Bannon also explained that it is natural for governments and central banks to want to restrain and regulate cryptocurrencies, as it is in their best interests to foster the use of fiat currencies.<\/p>\n\n\n\n
As to what is driving the popularity of cryptocurrencies, Bannon explained that he believes that the world is going through what he describes as a \u201cpopulist revolt,\u201d which is why he believes that crypto has a bright future.<\/p>\n\n\n\n
\u201cCryptocurrencies have a big future\u2026 They could be a very important part going forward, particularly in this global populist revolt,\u201d he explained.<\/p><\/blockquote>\n\n\n\n
Although it still remains unclear as to just how aggressively the US government will regulate the crypto markets in the near-future, it is highly probable that the market\u2019s health will be greatly impacted by what measures regulators take.<\/p>\n","protected":false},"excerpt":{"rendered":"
Controversial political figure and former advisor to U.S. President Donald Trump has split with his former boss when it comes to Bitcoin and crypto, explaining that the nascent technologies have a big future despite the multitude of government officials who have taken hardline stances against the technology. As for why he is a believer in Bitcoin and crypto, Bannon explained in a recent interview that he believes that the markets will only grow bigger as the world shifts towards being […]<\/p>\n","protected":false},"author":42,"featured_media":54885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[947],"tags":[6971,48],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/54884"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=54884"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/54884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/54885"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=54884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=54884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=54884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}