Jamie Dimon calls on U.S. government to stockpile bullets, rare earth instead of Bitcoin in Reagan library discussion

Wadi Simi, California – Jimmy Damon, CEO of JPMorgan Chase, said on Friday at the National Economic Forum of the opening of California.

“We should not store bitcoin currencies,” said Damon, when asked how industrial policy with national security policies was present during a committee. “We must store weapons, bullets, tanks, aircraft, drones, as you know, rare land. We know we need to do so. It is not a mystery.”

Bitcoin is a decentralized digital currency that works outside the banking or governmental authority. President Donald Trump signed an executive order in March, when he established the Bitcoin Reserve, described it as a “virtual fortress for digital gold”.

“He continued, as you know, we must store bullets. Well, come. I mean, we cannot say this in a straight face and we think this is good. So we know what to do. We have now got to do this. Make people together, and wrap our arms, as you know, for discussions. ”

“Anything will die very quickly.”

Damon joined a conversation on the side of the fires during the National Economic Forum of Rigan in Wadi Simi, California, at the Reagan Presidential Library on Friday to conduct a comprehensive discussion on the economy and how the world “Tectonic panels “in political geography in the form of wars, and terrorists by proxy and the potential deployment of nuclear weapons.

In his speech, Damon emphasized that China is not seen as the supreme opponent of America, and instead he pointed out his attention to the “enemy inside” that could lead to the position of the United States as a leader in the world.

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“I am not worried about China,” Damon said. “China is a possible opponent. They are doing a lot of things well, they have a lot of problems. But what I really am concerned is we. Can we collect our work together, our own values, our own ability, and our management?”

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Jimmy Damon, CEO of JPMorgan Chase, joins the National Economic Forum Reagan, May 30, 2025. (Fox News Digital)

“I always ask this question: Will we be the backup?” He said. “No. You know, if we haven’t been the prominent army and the prominent economy for 40 years, we will not be the backup. This is a fact. Just read history.”

He referred to the United States government as “Levithan” is very weak to implement policies, while simultaneously imposing “things on the American public who get sick from them.”

Instead, Damon has argued that the United States needs to celebrate its long values.

Imagine Bitcoin virtual encryption. (Edgar Su/Reuters)

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He said, “Celebrate our virtues: freedom of expression, freedom of religion, freedom of the institution, equal opportunities, family, God, and the country.” “You know, and you can recognize the defects that we have, which are unusual – what the black population did for years. Don’t distort the great things in this country, because these two things are different.”

“We are not talking much with each other – we deal with our policies – this is the enemy at home,” continued. “We have to fix our regulations to emigrate our coarseness, which I think are on their way. We have to fix our city’s internal schools, and our health care system.”

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The National Economic Forum in Reagan started on Friday, and includes paintings that include Energy Minister Chris Wright, and legislators like Sens. Mike Rounds and Bill Cassidy, private sector leaders, such as Booz Allen Hamilton, Horacio Rozanski. The party event promotes “President Reagan’s permanent belief in the free market power and the individual opportunity to lead national prosperity,” according to the forum organizers.