Jim Cramer Backs BTC and ETH as Hedge Against $37T US Debt () program details. Reviews, Scam or Paying
CNBC analyst Jim Cramer believes that digital assets like Bitcoin can serve as a safeguard against the United States’ mounting $37 trillion debt load. Speaking on his Mad Money television program, the analyst described his own holdings in Bitcoin and Ethereum as “insurance,” saying there’s a real chance the younger generation will eventually opt for crypto as an alternative to fiat. Cramer went on to point out that the government’s current budget standoff avoided colliding with debt repayment deadlines. He argues that such close calls only highlight the fragility of the system and pave the way for crypto to shine. While older Americans may not feel the brunt of these issues, he warned that future generations “will have to live with them,” and may push towards even further crypto adoption. As recently as this past August, Jim Cramer shared how Bitcoin and ETH are great options to explore as new safe-haven assets in the current market scenario. The inflating US debt metrics ha...