#BinanceMegadropSolv Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy.

Economist Steve Hanke Opposes Strategic Bitcoin Reserve Proposal

Old-school economists have started criticizing the idea of allocating U.S. reserve funds into bitcoin. Steve Hanke, professor of applied economics at the Johns Hopkins University known for his currency reform work in developing countries, has recently commented on the concept, rebuking it heavily.