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The same man who wants to ban the $100 bill has now invested in DCG.

Thu Apr 28, 2016 8:12 pm

Larry Summers wants to do away with $100 bills, and large denomination notes in general.
https://www.washingtonpost.com/news/won ... -100-bill/

Larry Summers was the 71st Secretary of the Treasury for President Clinton and has also worked with the Obama administration.
He recently was on the short list of candidates to become the next Fed chairman.
In 2012 he lobbied hard to become the head of the World Bank.
He currently is President Emeritus at Harvard University, and now an investor in Barry Silbert's DCG.
Why would someone of his ilk be so interested in Bitcoin?
What should we as the early Bitcoin community think and do about this?
How can we remain true to the principles of individual monetary sovereignty that motivated most of us to get involved with Bitcoin in the first place?
I suspect having a central planning Keynsian like Larry Summers investing in our space is a turning point for Bitcoin.
What do we want to do about it?
Help spread Bitcoin by linking to everything mentioned here:
topic7039.html

eli29v
Posts: 1
Joined: Thu Apr 28, 2016 10:20 pm

Re: The same man who wants to ban the $100 bill has now invested in DCG.

Thu Apr 28, 2016 11:34 pm

Hello, I am a redactor of infocoin, is a blog where we share information about cryptocurrencies. I like make you a few questions about it, if you are avaliable for share your point of view with us, it would be great.

How you believe that Mr. Larry Summers can affect Bitcoin comunity?

You believe, that the incorporations like Mr. Summers, to the DCG can influence for make significant changes?

What can do the comunity to avoid that bitcoin be kidnaped by the big corporations?

Really we would like to share your opinions on our blog.

Best regards.

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