<ul><li>Former US Treasury Secretary Larry Summers criticized President-elect Donald Trump's proposal to establish a national Bitcoin reserve.</li><li>Summers described the idea as 'crazy' and politically motivated, lacking a clear purpose for a national reserve.</li><li>Trump's plan aims to create a strategic reserve of Bitcoin to enhance US financial stability and counter geopolitical rivals.</li><li>Critics voice concerns about BTC's volatility and risks of using taxpayer dollars to acquire such an asset.</li></ul>

Former US Treasury Secretary Calls Trump’s National Bitcoin Reserve Proposal ‘Crazy’

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