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Recently, I heard an interesting position from Damon at JPMorgan. He expressed the opinion that the U.S. should better accumulate rockets rather than Bitcoin. Of course, this sparks a discussion within the crypto community.
Damon has always been skeptical about crypto, so his comments are not surprising. But it's interesting how such statements from top executives of traditional finance influence the perception of digital assets among institutional investors.
On the other hand, many people believe that accumulating Bitcoin reserves is strategically important for the country, especially in the context of global instability. Damon obviously has a different view on this issue.
It's fascinating to observe how traditional financiers like Damon are gradually changing their rhetoric about crypto, even if they still remain skeptics. Sooner or later, institutional players will have to recognize the significance of digital assets in the modern economy.