JPMorgan CEO: The United States should stockpile firearms, ammunition, and drones, not Bitcoin

BlockBeats News: On June 3rd, at the first Reagan National Economic Forum held in California, Jamie Damon, CEO of JPMorgan Chase, made a stunning claim: the United States should stockpile firearms, ammunition, and drones instead of Bitcoin. We should hoard firearms, bullets, fighter jets, drones, and rare earth resources. We all know we have to do this, there's no controversy about it, "Damon said in his speech, referring to the executive order signed by Trump in March to establish a Bitcoin reserve. This banking giant has always been known for opposing cryptocurrencies (although JPMorgan Chase now allows customers to trade cryptocurrencies). This stance is not surprising - the concept of sovereign currency and financial democratization is inherently incompatible with the profit driven model of the banking industry, which puts money in our custody. Damon also put forward a surprising viewpoint: the true 'internal enemy' of the United States is eroding its global leadership position. He said, 'What really worries me is ourselves - can we rectify our code of conduct, values, management abilities, and overall strength?' (Jin Shi)