JPMorgan CEO: US Shouldn’t Stockpile Bitcoin—We Need Bullets and Guns, Not Crypto
Bitcoin.comSunday, June 1, 2025 at 6:10:02 PM
JPMorgan CEO Jamie Dimon is doubling down on his skepticism of Bitcoin, arguing that the US government should prioritize stockpiling traditional defense assets like "bullets and guns" over cryptocurrency reserves. His comments reflect ongoing tension between Wall Street’s old guard and the growing crypto movement, with Dimon positioning Bitcoin as a distraction from what he sees as more critical national priorities.
Editor’s Note: Dimon’s stance isn’t surprising—he’s been a vocal Bitcoin critic for years—but it’s a stark reminder of how polarized the debate over crypto’s role in national strategy remains. While some see digital assets as a modern financial safeguard, others, like Dimon, view them as irrelevant (or even risky) compared to tangible security needs. This isn’t just about Bitcoin; it’s about who gets to define what "value" means in an evolving economy.
— Curated via WP Now’s
