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Trump: JPMorgan CEO Has “Changed His Tune” on Bitcoin
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This assertion comes amidst a notable shift in Dimon’s previously staunch opposition to cryptocurrencies.
In December 2023, Dimon made his vehement stance against Bitcoin clear, stating, “I’ve always been deeply opposed to Bitcoin. The only true use case for it is criminals… If I was the government I’d close it down”.
Trump Says JPMorgan CEO’s Stance on Bitcoin Has Shifted
Dimon’s comments echoed his long-standing skepticism about cryptocurrencies, where he frequently highlighted their associations with illicit activities and expressed concerns over their lack of intrinsic value.
Source: X
However, recent developments suggest that Dimon’s perspective may be evolving. During a recent rally, Trump hinted at this transformation, stating, “Jamie Dimon has suddenly changed his tune on Bitcoin”.
According to Forbes, although Dimon has not publicly confirmed a complete reversal of his stance, his recent actions and comments indicate a more nuanced approach to cryptocurrencies. This shift has led to speculation that Dimon’s evolving views could align with a potential role in a future Trump administration.
Source: X
Trump’s consideration of Dimon for the Treasury Secretary position adds another layer of intrigue to the story. Dimon, known for his expertise and influence in the financial sector, would bring a wealth of experience to the role.
However, his historically critical view of Bitcoin and other cryptocurrencies has raised eyebrows among proponents of digital assets. The potential appointment suggests that Trump’s administration may prioritize a balanced approach to financial innovation and regulation.
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July 18, 2024 at 06:21AM
July 18, 2024 at 06:25AM
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