Jamie Dimon Is No Fan Of Bitcoin, But Trump’s Crypto Czar Made An Attempt To Change the JPMorgan CEO’s Mind Using This Narrative
Posted On May 22, 2025
David Sacks, the White House-appointed ‘Crypto Czar,” said Wednesday he tried convincing JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon of Bitcoin’s (CRYPTO: BTC) value.
What happened: During an interview with Fox Business, Sacks was asked about Dimon’s persistent skepticism about the world’s leading cryptocurrency.
“I’ve talked to him about this before,” Sacks said. “What I’ve explained to him is that cryptocurrency is a new type of asset. It’s a fundamental technology breakthrough.”
Sacks said that the idea of a digital currency being scarce was unprecedented, referring to Bitcoin’s 21 million hard cap.
See Also: Coinbase …
About The Author
