JPMorgan CEO Jamie Dimon says the United States should prepare for war, not a bitcoin-driven future.
Thestreet reported at the Reagan National Defense Forum in California on Friday, reports Thestreet, Dimon dismissed the recent government relocations to strengthen a national digital asset reserve and argued that the real world defense logistics, not blockchain assets, should prioritize.
“We shouldn’t store Bitcoins,” Dimon said. “We know what we need. It’s not a mystery.” He called for the prioritization of “guns, bullets, tanks, aircraft, drones and rare earths.”
Earlier this year, US President Donald Trump called on to create a Bitcoin Reserve and digital assets. Dimon is not convinced.
“If there is a war in the South China Sea, we have missiles for seven days,” he warned. “It’s not something we should say with a straight face.”
Dimon, a well -known crypto -critic, revealed earlier this month that JPMorgan will soon allow clients to buy Bitcoin.
