JPMorgan CEO: The U.S. should prioritize securing military supplies rather than establishing a Bitcoin reserve

ChainCatcher news, according to CoinDesk, JPMorgan CEO Jamie Dimon stated at the California National Defense Forum that the U.S. should prioritize securing military supplies rather than establishing a Bitcoin reserve. He criticized the recent government proposal to create a national digital asset reserve as unrealistic, emphasizing that the current U.S. readiness for war in the South China Sea can only sustain for 7 days. He pointed out that the nation needs to stockpile "missiles, bullets, tanks, drones, and rare earths." Despite his tough stance, JPMorgan still plans to allow customers to purchase Bitcoin in the near future.