Steve Hanke Blasts Strategic Bitcoin Reserve Concept: ‘The Stupidest Idea’

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 … Read more

Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength

Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. Cryptoquant CEO: ‘Bitcoin Standard’ Needs U.S. Economic Decline to Gain Traction Ki Young Ju, CEO of Cryptoquant, took to social media to voice his … Read more

Bitcoin Policy Institute Drafts Executive Order for US Strategic Bitcoin Reserve

The draft executive order by the Bitcoin Policy Institute seeks to extend the conversations regarding the U.S. establishing a strategic bitcoin reserve. Establishing Bitcoin as a National Asset for Americans The Bitcoin Policy Institute has drafted an executive order for President Trump‘s consideration aimed at establishing a strategic bitcoin reserve. The draft executive order seeks … Read more

Michael Saylor Outlines U.S.’s Ultimate Bitcoin Reserve Strategy: Dump Gold, Buy Bitcoin

Michael Saylor, executive chairman and co-founder of Microstrategy, one of the first companies to adopt the bitcoin standard, has proposed that the U.S. purchase 20% or 25% of the bitcoin available using the nation’s gold stash as part of a national strategic reserve policy. From Gold to Bitcoin? Michael Saylor Outlines High Stakes Economic Gambit … Read more