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Johns Hopkins professor says a US Bitcoin reserve = "A stupid idea"

by Investor News Today
January 7, 2025
in Investing
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Johns Hopkins professor says a US Bitcoin reserve = "A stupid idea"
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Steve Hanke is a professor of Utilized Economics at Johns Hopkins College. On a Bitcoin reserve:

  • It diverts weighting and financial savings into outdated masters that simply, it simply sits there and is rarely invested in bankable tasks that really produce something and enhance productiveness within the financial system.
  • I’m utterly against it. I feel it’s the stupidest concept

He made the feedback throughout an interview, snippet here if you are interested:

This text was written by Eamonn Sheridan at www.forexlive.com.



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