Jamie Dimon says U.S. should stockpile bullets and tanks, not Bitcoin
JPMorgan Chase CEO Jamie Dimon said Friday that the United States should be investing in military supplies — not Bitcoin — to protect its national security.
Ironically, on May 19, Jamie Dimon told investors that JPMorgan will now allow clients to buy Bitcoin. He clarified the bank won’t custody BTC and reiterated, “I am not a fan.” The shift comes despite Dimon's long history of criticizing crypto, calling it “fraud” and fit only for “criminals.”
Speaking at the Reagan National Economic Forum in Simi Valley, California, Dimon argued that the country needs to prioritize essentials like “guns, bullets, tanks, planes, drones, and rare earths,” rather than piling into...