Jamie Dimon Said US Should Buy Bullets, Not BItcoin — Cynthia Lummis Says The US Military ‘Disagrees’ With Him
Posted On June 4, 2025
Senator Cynthia Lummis (R-Wyo.) stated Tuesday that even the U.S. military sees the strategic value of having a national Bitcoin (CRYPTO: BTC) reserve.
What Happened: During an interview with Bloomberg, Lummis was asked about JPMorgan Chase CEO Jamie Dimon’s remark that the U.S. should prioritize stockpiling traditional defense resources over Bitcoin.
“I would say even the U.S. Military disagrees with him,” Lummis replied. “There are Generals, especially in Southeast Asia, who believe it is important to have strategic Bitcoin stockpiles.”
Lummis claimed that the U.S. was at an ‘economic war’ with China, emphasizing that, in addition to guns and bullets, Bitcoin would be required to counter the Chinese threat.
“We need both,” she added. “All …
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