Johns Hopkins professor says a US Bitcoin reserve = "A stupid idea"
Said that diverting savings into digital assets like $BTC #Bitcoin would harm economic productivity and growth
Steve Hanke is a professor of Applied Economics at Johns Hopkins University. On a Bitcoin reserve:
It diverts weighting and savings into old masters that just, it just sits there and is never invested in bankable projects that actually produce anything and increase productivity in the economy.
I’m completely opposed to it. I think it’s the stupidest idea

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