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....yet the US maintains a "Strategic Cheese Reserve"....

Larry Summers is a 100% neoliberal/neocon devotee, so its not surprising

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We had a panel at Austin Bitcoin Club last night and @BitcoinPierre made the best argument I'd heard in favor of the Bitcoin reserve:

I'd rather be talking about this than an unrealized gains tax. In some sense the best defense is offense.
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I hadnt even thought of that.
That is true, though.
If they do implement the bitcoin reserve, they will have to limit taxes on it.

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Doesn't give any context as what type of character Summers is, for some context check the wiki or watch Inside job.

TLDR: He's a piece of 💩

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Crazy like a fox...

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They knock it now but when it actually does something they will act all surprised

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