Jamie Dimon Doubles Down on Defense Over Digital: JPMorgan CEO Urges Missile Stockpiles, Dismisses Bitcoin
Wall Street’s most vocal crypto skeptic strikes again—this time with a geopolitical twist. JPMorgan CEO Jamie Dimon just told lawmakers to prioritize missiles over Bitcoin in national reserves. Because nothing says ’financial innovation’ like Cold War-era stockpiling strategies.
The banking titan’s latest jab comes as Bitcoin flirts with new institutional adoption highs. Dimon’s stance? A shrug wrapped in a billion-dollar defense budget. ’Weapons first, wallets later’ seems to be the playbook.
Funny how traditional finance keeps treating crypto like a rogue state—while actual rogue states are busy mining it. Maybe Dimon’s missiles will accept BTC payments by 2030.