"...Former US President Donald Trump has revealed that JPMorgan CEO Jamie Dimon, a well-known skeptic of Bitcoin and cryptocurrencies, has apparently “changed his tune,” with the potential to win the role of Treasury Secretary in the scenario where the former president once again wins the seat in the Oval Office.
Trump’s comments come as Treasury Secretary Janet Yellen has expressed concerns about the future of the US dollar, signaling a changing landscape for the cryptocurrency industry and the role it can play in the US economy.
Dimon’s Stance On Crypto Evolves In Donald Trump Meeting According to Forbes, in a private meeting with Dimon and around 80 other business executives, including CEOs from Citigroup, Bank of America, and Apple, Trump described the gathering as a “lovefest.”
Dimon, who has previously criticized Bitcoin, calling it a “fraud” and a “Ponzi scheme,” has remained steadfast in his skepticism despite Wall Street’s growing interest in the technology. He has even referred to Bitcoin as a “waste of time” and a “pet rock” with no inherent value.
However, Trump’s openness to considering Dimon for the position of US Treasury Secretary if he returns to the White House in November highlights the evolving attitudes of both Trump and Dimon toward crypto and its technology, and the potential benefits the industry can play in the nation’s finances. .."
Maybe not, but make no mistake, WHILE he was calling BTC a scam he directed his bank to open crypto trading desks nationwide. Think about that a second.