#[0]​ how is Larry Summers anti-bitcoin and on Block’s board?

https://twitter.com/thestalwart/status/1651226099844542466?s=46&t=-NmaCAUA4OgzFfoD0ANxfg

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How do you think this is real?

Lol

lol

the asterisk and all caps, sir

From Bloomberg:

In a rapid fire game of ā€œlong or short,ā€ Larry Summers said he is long blockchain and short Bitcoin. When asked about Fed chair Jerome Powell, he said ā€œhold.ā€

https://www.bloomberg.com/news/articles/2023-04-26/economic-turmoil-summers-see-5-inflation-sticking-without-major-downturn?leadSource=uverify%20wall

Because he said it.

I love bitcoin and $SQ. I just don’t want him distracting you and Block’s work. If being on Block’s board can’t help him understand bitcoin, maybe he doesn’t want to understand.

From Bloomberg:

In a rapid fire game of ā€œlong or short,ā€ Larry Summers said he is long blockchain and short Bitcoin. When asked about Fed chair Jerome Powell, he said ā€œhold.ā€

https://www.bloomberg.com/news/articles/2023-04-26/economic-turmoil-summers-see-5-inflation-sticking-without-major-downturn?leadSource=uverify%20wall

I’m seriously concerned that despite being on the board and getting reports from management about all the amazing bitcoin related work Block is doing… then goes on Bloomberg and says ā€˜short bitcoin, long blockchain’….. he is either lying to Block’s board or lying to Bloomberg. I hope it’s the latter but he is actively hurting bitcoin.