Prominent economist Steve Hanke opposes the idea of the US government creating a strategic Bitcoin reserve, claiming it would hinder economic growth. Hanke argues that investing in Bitcoin would not contribute to the development of real capital assets or productive projects that drive innovation and increase productivity. Hanke also referred to a study that suggests cryptocurrency holders are more likely to exhibit psychopathic traits. Hanke has been a vocal critic of Bitcoin, frequently sharing his views on social media.
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