Steve Hanke Is Wrong About the Strategic Bitcoin Reserve

Steve Hanke is wrong about something Bitcoin related once again. He’s recently taken aim at the idea of the U.S. creating a Strategic Bitcoin Reserve (SBR). In the video embedded in the X post below, Hanke claimed that converting government savings into bitcoin would be a “drag on the economy” because those savings wouldn’t be invested in “real capital assets that produce things.”He even doubled down, saying bitcoin doesn’t build factories, create jobs, or drive innovation. A US BITCOIN STRATEGIC RESERVE = A STUPID IDEA. Savings funneled into Bitcoin aren't…

Read More