JPMorgan CEO suggests prioritizing military supplies over Bitcoin reserves

According to a report by Deep Tide TechFlow, JPMorgan CEO Jamie Dimon stated at the California National Defense Forum that the United States should prioritize securing military supplies rather than establishing a Bitcoin reserve. He criticized the government's proposal to set up a national digital asset reserve as unrealistic, emphasizing that the current U.S. military readiness in the South China Sea can only sustain for 7 days. He pointed out that the country needs to stockpile missiles, bullets, tanks, drones, and rare earths. Despite his tough stance, JPMorgan still plans to open up Bitcoin purchases for clients in the near future.