Summary
- Senator Lummis stated that some United States military generals support the strategic accumulation of Bitcoin.
- She explained this is due to the need to accumulate both Bitcoin and military resources, given the economic war with China and the necessity for military preparedness.
- J.P. Morgan CEO Dimon emphasized that the United States government should focus on stockpiling military resources instead of Bitcoin.
U.S. Senator Cynthia Lummis, classified as a pro-virtual asset (cryptocurrency) politician, stated that some United States military generals support the accumulation of Bitcoin (BTC).
On the 4th (local time), Senator Lummis said in an interview with Bloomberg, "Some United States military generals, especially those stationed in Southeast Asia, support the idea of accumulating Bitcoin as a strategic reserve." She added, "This is because we are engaged in an economic war with China and must also prepare for a war involving guns and bullets. We need both."
This follows Jamie Dimon, CEO of J.P. Morgan, arguing that the United States government should prioritize military resource stockpiling over Bitcoin. The previous day, CEO Dimon emphasized at the 'Reagan National Economic Forum,' "The United States government should not be accumulating Bitcoin. Instead, it should stockpile guns, bullets, tanks, drones, and rare earths."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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