Jamie Dimon, CEO of JPMorgan, urged the US government to prioritize defense spending rather than developing a national cryptocurrency reserve. Speaking at the Reagan National Defense Forum in California, Dimon argued that investing in traditional defense assets like military hardware and rare materials is crucial given current geopolitical tensions. He emphasized, “We should not be stockpiling Bitcoin. We know what we want, and it’s not a secret.” This comment reflects his belief that focusing on tangible defense capabilities is essential for national security rather than exploring digital currency reserves. JPMorgan, while recognizing the growing cryptocurrency market, plans to introduce crypto-related services soon. Despite Dimon’s skepticism towards cryptocurrencies, the financial giant’s official stance aligns with broader industry trends and reflects a cautious approach to incorporating digital assets into its core operations.