Jamie Dimon Calls for U.S. to Prioritize Defense over Crypto Reserve

JPMorgan CEO Jamie Dimon urges the U.S. government to focus its resources on strengthening national defense, arguing against prioritizing cryptocurrencies. Speaking at the Reagan National Defense Forum, Dimon criticized the potential creation of a national crypto reserve, highlighting his belief that real-world military needs should take precedence. He emphasizes bolstering weapons acquisition, including tanks, aircraft, and drones, as crucial investment areas over speculative cryptocurrency holdings.