Bitcoin
JPMorgan Chase CEO Jamie Dimon Has ‘Changed His Mind’ on Bitcoin and Cryptocurrencies – According to Former President Trump
Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the cryptocurrency industry.
In a newly released interview transcript by Bloomberg, Trump it says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on cryptocurrencies are evolving.
“You ask Jamie Dimon, Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit.”
Trump responded by addressing his own views on cryptocurrencies, which have changed dramatically in recent months.
The former president, who once called Bitcoin a scam based on nothing, now says he will protect the industry’s presence in the US and support people’s rights to self-custody of digital assets.
In his new interview, Trump says his views on crypto have changed over time. If the US doesn’t move the industry forward, Trump says other countries will.
“If we don’t do it [crypto]China will get it and China will have it. Or someone else, but probably China. China is very involved in this. Also, it’s not going away. It’s amazing. I met a lot of people, like even the meeting in San Francisco [Trump’s June 6 fundraiser]. I went to San Francisco and met a lot of people who… are people for whom this is really becoming an industry [for].
Now, if I put this aside, it’s going to get picked up in another country, probably China — they’re pretty advanced in that sphere. So you have to look at it — what I want, again, is what’s good for the country. If we don’t do that… The other thing is, I’ve done things like NFTs and, you know, stuff like that. And I noticed that 80% of the money was paid in crypto. It was amazing. So, NFTs are, you know, I did the — very successful. We had a year to sell it and it sold out in one day. The whole thing sold out: 45,000 of the cards. And I did that three times. [and] I’m going to do another one, because people want me to do another one. It’s an unbelievable spirit. Beautiful.
But what I really noticed was that everything was paid in — I would say almost everything was paid in crypto, in this new currency. And that was an eye-opener for me. So we have a good foundation. It’s a baby. It’s a toddler now. But I don’t want to be responsible for allowing another country to take over that sphere. And so I think we’re going to be good. Plus, I’ve met people in the industry, they’re top-notch people.”
In the interview, Trump said he would consider Dimon as his US Treasury secretary.
Trump’s new running mate, JD Vance, is also pro-cryptocurrency.
In 2022, disclosures showed that the 39-year-old Ohio senator purchased between $100,000 and $250,000 worth of BTC.
Don’t miss a beat – Subscribe to receive email alerts directly to your inbox
To check Price action
Follow us on X, Facebook It is Telegram
Surf Hodl’s Daily Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be aware that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Image generated: Midjourney