Thu Apr 28, 2016 8:12 pm

Larry Summers wants to do away with $100 bills, and large denomination notes in general.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?