Trump has a pet currency; it’s not bitcoin
When Donald Trump’s former adviser, Steve Bannon, praised Bitcoin last year as “disruptive populism” and revealed he was working on his own cryptocurrency, it was evidence of something many people had long suspected: The forces driving the growth of anarchic, get-rich-quick digital tokens are very similar to those buoying Trump and his imitators. Both are born out of a resentment of establishment politics and a hatred of central authorities such as the Federal Reserve. Last week, though, the U.S. president turned his back on alt-right cryptonomics with a series of tweets that ...