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Jamie Dimon Doubles Down on Defense Over Digital: JPMorgan CEO Urges Missile Stockpiles, Dismisses Bitcoin

Jamie Dimon Doubles Down on Defense Over Digital: JPMorgan CEO Urges Missile Stockpiles, Dismisses Bitcoin

Coindesk
Author:
Coindesk
Release Time:
2025-05-31 15:22:48
0

JPMorgan’s Jamie Dimon Says U.S. Should Stockpile Missiles, Not 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.

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