JP Morgan CEO Jamie Dimon says the US ought to put together for conflict, not for a Bitcoin-driven future.
Talking at California's Reagan Protection Discussion board on Friday, Thestreet argued that Dimon rejected a current authorities transfer, strengthening digital asset sanctions throughout the nation, and that real-world protection logistics must be prioritized relatively than blockchain property.
“We shouldn't stockpile bitcoin,” Dimon stated. “We all know what we want. That's not a thriller,” he referred to as for prioritization of “weapons, bullets, tanks, planes, drones, uncommon earth.”
Earlier this 12 months, US President Donald Trump referred to as for the institution of a Bitcoin reserve and a stockpile of digital property. Dimon will not be certain about that.
“If there's conflict within the South China Sea, there's missiles for seven days,” he warned. “That's not one thing we should always say with a straight face.”
Well-known code critic Dimon revealed earlier this month that JPMorgan will enable purchasers to buy Bitcoin.
