Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea

Gino Matos

Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […]

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Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea