Former US Presidential Advisor: The geopolitical climate helps to encrypt currencies, and the banking community wants to intervene and supervise encryption

According to CoinDesk, former US presidential adviser Steve Bannon said that due to the current geopolitical atmosphere, cryptocurrencies are "promising." When asked about Facebook's digital currency project Libra, Bannon said it would not find friends in the banking industry. The central bank, in fact, wants to intervene and supervise encryption. They still want to use legal tender. "I happen to think that Facebook is mainly aimed at some Chinese people, Alibaba, Tencent, these payment systems… People must face now, and now must start to pay attention to China and third world countries as well as sub-Saharan Africa and South Asia, I think there are Perhaps Latin America is starting to put these payment systems into it, trying to get them globally dominant and getting rid of the dollar's reserve currency."