JPMorgan CEO Dimon's Stunning Proposal: The U.S. Should Stockpile Arms Instead of Bitcoin
On June 3, JPMorgan CEO Jamie Dimon spoke at the Reagan National Economic Forum in California. He advocated that the U.S. should stockpile 'guns, bullets, fighter jets, drones, and rare earth resources' instead of Bitcoin. He mentioned and seemingly opposed the executive order signed by Trump in March to establish a Bitcoin reserve. He also warned that the true 'internal enemy' of the U.S. is the U.S. itself, questioning its issues with conduct codes, values, and management capabilities.
Dimon has historically been openly opposed to cryptocurrencies. However, JPMorgan as an institution has actually allowed clients to trade cryptocurrencies.
Dimon's remarks place national strategic resource reserves (especially military supplies) in opposition to cryptocurrency reserves, with a direct and controversial viewpoint. His statement about the 'internal enemy' reflects his concerns about the domestic situation in the U.S.
JPMorgan CEO Jamie Dimon suggested at a public forum that rather than establishing a Bitcoin reserve, the U.S. should prioritize stockpiling strategic resources such as weapons, ammunition, drones, and rare earths, and bluntly stated that the U.S. needs to be wary of problems arising from within.
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