'I’m Very Worried About My Kids' – Mad Money’s Jim Cramer Says Bitcoin Is the Hedge Against $38T Debt

In a recent segment, Jim Cramer—an American television personality, author, and former hedge fund manager best known as the energetic host of CNBC’s Mad Money and an anchor on CNBC’s Squawk on the Street—shared his views on bitcoin as a hedge against the ballooning U.S. debt.

‘They Don’t Want the Debt, They Want Bitcoin’ – Cramer’s Dire Outlook on America’s Financial Future

Jim Cramer highlighted a shift in institutional attitudes, citing JPMorgan’s involvement in lending against crypto assets as evidence of growing mainstream interest. While some financial leaders like Mastercard CEO Michael Miebach remain skeptical of genuine consumer demand, Cramer believes there’s a clear appetite for owning bitcoin ( BTC), particularly as a safeguard for future generations.

“I mean, people want to trade,” Cramer said. “People want to own some as a hedge against the $37 to $38 trillion [debt]. They don’t want to own the debt. They want to own [bitcoin] for their kids.”

Cramer discussed the importance of custody methods—like cold storage and air-gapped wallets—to secure bitcoin ownership and avoid potential hacks. When asked if bitcoin would hold up during a financial crisis, he firmly said yes, rejecting the idea that bitcoin is simply a proxy for risk.

Cramer stated:

“I think it’s just a nice hedge—I’m afraid. I mean, I just don’t know. Look, I know we can’t grow our way out of this [debt]. My hope is that we do. But I’m just very worried about my kids.”

The CNBC financial analyst sees it as a prudent hedge, especially in light of rising deficits and the uncertain economic outlook facing younger generations. Cramer’s careful nod to bitcoin taps into deeper worries about runaway debt and shaky economic footing.

By highlighting storage options and growing interest from big financial players, he paints a picture of an asset growing up—though doubts still swirl among the TradFi cemented CNBC hosts, keeping opinions split. In the end, many believe bitcoin stands as a bold, if unpredictable, play to shield future generations from the mess of fiscal chaos.