Steve Bannon Considering Own Cryptocurrency

 

Fresh on the heels of news that the partly Bitcoin-sustained founder of Wikileaks, Julian Assange, has been receiving visits from far-right activists comes a story that the “crypto space,” that haven for problem children, has yet another strange bedfellow.

Political strategist and alt-right leader Steve Bannon told The New York Times recently that, in addition to holding a “good stake” in Bitcoin, “the Mensa moron” (as Martin Amis called him) is considering issuing his own cryptocurrency.

The Donald Trump dollar can’t be far behind.

Bannon apparently sees a real future for a far right subversive loyalty buck: “It was pretty obvious to me that unless you got somehow control over your currency, all these political movements were going to be beholden to who controlled the currency.”

“Control of the currency is control of everything,” Bannon told the Times.

I have a feeling that those of us forced to consider “the tokenization of everything” of late may have pushed this possibility to the recesses of our minds.

One wonders what mystical geometric logo the “deplorables coin” will feature…

Actually…sorry I brought it up.

Bannon, says The Times, is in fact considering the name “deplorables” for his coin. “Rabble” doesn’t evoke the same level of hell-soaked, Tolkien-esque gravitas.

Maybe Hilary Clinton can tie up this whole thing up in a copyright case.

I think I’m going to go try get the domain name now…

Shoot- somebody already got “deplorablescoin.com” at GoDaddy for $4.99. “Rabblecoin.com” is still available, though, if you’re interested.

I’m probably sounding a bit like an elite right now, or whatever else the far right calls nice people these days.

But the fact that the SEC, in giving its blessing this week to Ethereum, may have just granted 85 000 crypto-token projects a license to print money makes me wish anti-racists were a bit more “ICO-enterprising.”



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 26, 2026 vs Jan 1, 2025 - Oct 26, 2025

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Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 126 +4.0%
Target raise $3.40B $3.54B -3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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