Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the crypto industry.
In a newly-released interview transcript from Bloomberg, Trump says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on crypto are evolving.
“You ask Jamie Dimon, Jamie Dimon was, you know, very negative and now all of a sudden he’s changed his tune a little bit.”
Trump gave the answer while addressing his own views on crypto, which have changed dramatically in recent months.
The former President, who once called Bitcoin a scam based on thin air, has said he’ll protect the industry’s presence in the US and support people’s rights to self-custody digital assets.
In his new interview, Trump says his views on crypto have changed over time. If the US doesn’t move the industry forward, Trump says other countries will.
“If we don’t do [crypto], China is going to pick it up and China’s going to have it. Or somebody else, but most likely China. China’s very much into it. Also, it’s not going away. It’s amazing. I’ve gotten to know a lot of people, like even the meeting in San Francisco [Trump’s June 6 fundraiser]. I went to San Francisco, I met many people that—these are people that this is really becoming an industry [for].
Now, if I throw it aside, it’s going to be picked up in another country, most likely China—they’re pretty advanced in that sphere. So you have to look at it—what I want, again, is what is good for the country. If we don’t do it… The other thing is, I did things like NFTs and, you know, stuff. And I noticed that 80% of the money was paid in crypto. It was incredible. So, NFTs are, you know, I did the—very successful. We had one year to sell it out and it sold out in one day. The whole thing sold out: 45,000 of the cards. And I did it three times [and] I’m going to do another one, because the people want me to do another one. It’s unbelievable spirit. Beautiful.
But the thing I really noticed was everything was paid in—I would say almost all of it was paid in crypto, in this new currency. And it opened my eyes. So we have a good foundation. It’s a baby. It’s an infant right now. But I don’t want to be responsible for allowing another country to take over this sphere. And so I think we’re going to be good. Also, I’ve gotten to know people in the industry, they’re top-flight people.”
Trump’s new running mate, JD Vance, is also pro-crypto.
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