Did you know someone said Bitcoin could pay off all of America's debt? That's a BIG number! Former Congressman Adam Kinzinger says that's not likely. He thinks Bitcoin, a type of cryptocurrency (like digital money), is cool, but won't solve our debt problems.
- Bitcoin's price might go super high, but it still won't pay off all the debt.
- Controlling money is important for governments.
- Blockchain, the tech behind Bitcoin, is useful for things like tracking payments and preventing cheating.
| Topic | Details |
|---|---|
| Bitcoin's price prediction (by some) | $5 million per coin! |
| Kinzinger's view on Bitcoin paying off debt | Unlikely, would cause inflation |
| Blockchain's use | Government payments, healthcare, security |
