Even if we only have 5% of all the bitcoin in the world, we're going to have to find ways to continue to pay interest on that $36 trillion. Now, right now, The interest on that $36 trillion that Congress pays every year exceeds the amount we pay on defense, and it exceeds the amount we pay on Medicare. So if we don't find ways to diminish that debt, we are going to continue to chew up all the taxpayer dollars on interest on the national debt and have … (16:05–16:19)
CLAIM
Asserts that annual interest payments on the national debt exceed U.S. defense and Medicare spending.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
