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Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’

Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’



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4 Comments

  1. i personally “do better” when i finally get to know the details of the violent coercion they’ve been threatening to implement. since literally anything is possible from 100% taxation to kidnapping and murder for all bitcoin users, once they announce something short of that, it reduces uncertainty and encourages more investment.

  2. tldr; Former US Treasury Secretary Larry Summers said cryptocurrency will do better regulated in a sound way instead of being treated as a libertarian paradise. He added that the word “crypto” suggests a “desire for secrecy” with respect to large financial sums. He said the crypto community needs to recognize that, and needs to work cooperatively with governments.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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