The USA 🇺🇸 has a national debt over $36 trillion.

All debt is held by someone.

USA's 🇺🇸debt is held by The Fed 🏦.

If you or I take out a bank loan, we will need to pay it back, one day. 

The USA 🇺🇸 never needs to pay back its loans.  

That's because the USA 🇺🇸 can just borrow MORE NEW debt to pay off the old debt.

You and I CANNOT do this.

If you're thinking that doesn't make any sense, welcome to #Bitcoin.