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

Steve Hanke is a professor of Applied Economics at Johns Hopkins University. On a Bitcoin reserve:It diverts weighting and savings into old masters that just, it just sits there and is never invested in bankable projects that actually produce anything and increase productivity in the economy.I’m completely opposed to it. I think it’s the stupidest ideaHe made the comments during an interview, snippet here if you are interested: