Former US President Donald Trump said JP Morgan Chairman and CEO Jamie Dimon has "changed his view" on Bitcoin and cryptocurrencies, and said he is willing to appoint this director as Secretary Finance.
Trump revealed the longtime Bitcoin critic's softer stance in an interview with Bloomberg, where he also called for the US to maintain dominance over the crypto sector. Notably, these statements were made in June even though the interview was only recently published.
Trump told Bloomberg:
“I have known many people in the industry, they are all top people. And you ask Jamie Dimon, Jamie Dimon was very negative [on BTC] before and now he's changed his stance a little bit.”
In the same interview, Bloomberg asked Trump if he could pick Dimon as Treasury Secretary. Trump replied:
“He's someone I would consider, for sure.”
Jamie Dimon
Trump described a June meeting with Dimon and other executives of top American companies as coinciding with meetings with Republican members of Congress. Trump said JPM's CEO attended and expressed "a lot of respect" for the banker.
In 2016, Fortune reported that Trump's transition team offered Dimon the position during his first term. However, Dimon ultimately turned down the role.
More recently, in December 2023, Axios reported on the possibility of Dimon heading the Treasury Department, citing sources close to Trump's campaign.
Dimon's changing stance
Dimon has long been critical of Bitcoin and cryptocurrencies. Since 2017, he called Bitcoin a “scam” and said he would fire any JP Morgan trader who traded the asset.
Earlier this year, he reiterated his belief that cryptocurrency is a scam and issued harsh criticism of Bitcoin mining. However, a few months later, in March, he also said that he would “protect” the right to buy and hold Bitcoin even if he did not do it himself, suggesting a softer stance. In contrast to him, Dimon's daughter is a supporter and investor in Bitcoin. Dimon's daughter believes that he is old so he does not understand these innovations.
Despite his negative comments about cryptocurrencies, Dimon is a passionate supporter of the underlying blockchain technology. In 2022, he expressed support for DeFi and blockchain, calling each field a “truly new technology” in a letter to JP Morgan shareholders.
JP Morgan has been at the forefront of testing distributed ledger technology and has several blockchain-based products, including the Liink network and JPM Coin.
Source: https://tapchibitcoin.io/trump-noi-rang-jamie-dimon-khong-con-la-nguoi-chi-trich-bitcoin.html
