2 days ago
JPMorgan CEO Jamie Dimon says the U.S. should hole for war, not a bitcoin-driven future.
Speaking astatine the Reagan National Defense Forum successful California connected Friday, TheStreet reports, Dimon dismissed caller authorities moves to bolster a nationalist integer plus reserve, arguing that real-world defence logistics, not blockchain assets, should instrumentality priority.
“We shouldn’t beryllium stockpiling bitcoins,” Dimon said. “We cognize what we need. It’s not a mystery.” He called for the prioritization of “guns, bullets, tanks, planes, drones, and uncommon earths.”
Earlier this year, U.S. President Donald Trump called for the establishment of a bitcoin reserve and integer assets stockpile. Dimon isn’t convinced astir it.
“If there’s a warfare successful the South China Sea, we’ve got missiles for 7 days,” helium warned. “That’s not thing we should beryllium saying with a consecutive face.”
Dimon, a well-known crypto critic, revealed earlier this period that JPMorgan volition soon allow clients to bargain bitcoin.
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