Jim Cramer says he uses crypto as ‘insurance’ against $37 trillion of U.S. debt

Jim Cramer , never shy to shift gears on crypto , struck a surprisingly conciliatory note this week. Speaking on CNBC’s Squawk Box on September 29, the Mad Money host declared simply: “I say crypto is fine.” Pressed on how he values it, Cramer avoided the usual Buffett-style valuation metrics and leaned into metaphor instead: “I’m using it as insurance, and it’s insurance against the $37 trillion that we owe.” In his view, crypto isn’t a speculative thrill ride, nor a shiny tech fad. Instead, he framed it as a generational hedge: a safeguard for younger Americans who, unlike his own cohort, may actually have to live with the fallout of ballooning national debt. JIM CRAMER: "I say crypto is fine." "I'm using it as insurance, and it's insurance against the $37 trillion that we owe." Oh boy 😅 pic.twitter.com/0IZmaIvAtl — Bitcoin Archive (@BTC_Archive) September 29, 2025 Cramer says ‘buy crypto’ Earlier that day, Cramer doubled down with a post on X. Against the backdrop of the famous U.S. National Debt Clock in New York, now flashing $37.63 trillion, he urged followers to “buy crypto,” to much of ‘Crypto Twitter’s’ chagrin. The math is daunting: the clock’s tally now translates to nearly $956,000 in debt per American family, inching uncomfortably close to the million-dollar mark. Cramer has walked this road before. Back in July, he described Bitcoin as a “hedge against $37 trillion debt,” echoing today’s refrain. What stands out is the tone shift: less derision, more reluctant acceptance. For a man who once told investors to steer clear, the message lands with unexpected clarity, in a world drowning in IOUs, crypto may not be fun, but it might be necessary. The post Jim Cramer says he uses crypto as ‘insurance’ against $37 trillion of U.S. debt appeared first on Finbold .