More BTC - as total marketcap for crypto's - as ever possible...

[ifinta]

I know It exists many crypto's, and many get bigger prices against BTC slowly, some will be dead slowly or at the marketstart, but the development (in size also) of the crypto market seems unstoppable.

But...

I see, the insurance of crypto's has no any limit.
The dominant crypto (Tether USD the dominant, of course - because the biggest daily volume) have also no limit.

We loosed the limit of our money-system? The crypto-market, as whole, not (more) deflationary, as bitcoin loosed the dominance?
Or the market can choose - through dominance-level of the different coins - what a mix of inflationary / deflationary economy is a need at every time?
Maybe it is a new possibility in our economy - to act through the market to choose the level and the kind of economy (inflationary (i.e. 0% similar to USD) ... deflationary (100% - similar to bitcoin), as market needs?
Not through politics or FED will this level defined, but through a "free" market... Or? Any opinion?

[1715038161]

1715038161

[tenakha]

I know It exists many crypto's, and many get bigger prices against BTC slowly, some will be dead slowly or at the marketstart, but the development (in size also) of the crypto market seems unstoppable.

But...

I see, the insurance of crypto's has no any limit.
The dominant crypto (Tether USD the dominant, of course - because the biggest daily volume) have also no limit.

We loosed the limit of our money-system? The crypto-market, as whole, not (more) deflationary, as bitcoin loosed the dominance?
Or the market can choose - through dominance-level of the different coins - what a mix of inflationary / deflationary economy is a need at every time?
Maybe it is a new possibility in our economy - to act through the market to choose the level and the kind of economy (inflationary (i.e. 0% similar to USD) ... deflationary (100% - similar to bitcoin), as market needs?
Not through politics or FED will this level defined, but through a "free" market... Or? Any opinion?

Now see BTC as USD and other altcoins as money of other countries. What if, for example, Scotland begins to publish its own money by declaring its freedom? nothing. It will only have a price that suits the usefulness of its money and will eventually have its own place. Altcoins are almost too. The only difference is that altcoins are often created in the decentralized system. Also, if all the money or coins were created based on anything, or something with a certain limit that adds value to them, that idea would be true, but most valuable assets gain value "from the air". Just investigate the same issue for paper money.

[el kaka22]

Market itself is not against inflation, the market does get worthless overtime considering there are over 2 thousand coins that doesn't worth that much or none at all, some worth like couple thousand dollars and people think they are something but in reality they are totally worthless. However bitcoin itself is very valuable and even if you try to sell all those 2000 coins to buy bitcoin eventually that money will run out, the coins will become worthless, that marketcap will go down and bitcoin will go up which will make it difficult to buy bitcoins.

So, bitcoin itself is against inflation and a great way to keep your portfolios value instead of price. Do not think that just because your money goes from 100 dollars to 110 dollars you made money, if your purchasing power went down more than 10% than you lost money.

[hello_good_sir]

Don't think in an economy, inflation is ever good, but I am not an economist. It's usually pretty dangerous and often time wages and incomes don't go up as well as the inflation rates, so the people end up losing.

Often times, interest rates that banks offer you, and regular wage increases aren't to the same standard as inflation (which is usually around 2.5-3.5% I believe).

Inflation bad!!!

[EdvinZ]

I think Bitcoin can help any economy to keep the balance between inflation and deflation. Big inflation is bad, but with moderate inflation there is growth in the economy. It is to help some countries solve the problem of hyperinflation that Bitcoin, with its deflationary economic model, can be used. Perhaps Central banks and citizens would be able to store some money in Bitcoin, thereby reducing inflation in their country.

[CryptoBry]

We loosed the limit of our money-system? The crypto-market, as whole, not (more) deflationary, as bitcoin loosed the dominance?
Or the market can choose - through dominance-level of the different coins - what a mix of inflationary / deflationary economy is a need at every time?
Maybe it is a new possibility in our economy - to act through the market to choose the level and the kind of economy (inflationary (i.e. 0% similar to USD) ... deflationary (100% - similar to bitcoin), as market needs? Not through politics or FED will this level defined, but through a "free" market... Or? Any opinion?

I would say that indeed a time is coming soon when the global economy which is saddled with extreme level of debts can burst open like a dam producing a worldwide bloodbath affecting all like a domino effect and making people lose their wealth and savings. When will this happen can be hard to say but something bad is really coming to a system that is already burdened a lot with many problems and challenges. What we saw in 2008 in the USA was just a type of what can be.

The problem is that changes to the system will never happen that fast as long as there is no major catalyst that can force things into the throats of the people in the government and us on the ground. That crisis in 2008 should have been the big reason for monumental changes but eventually that opportunity was squandered away and now we are back in the normal business.

That "free market" you are referring to is right now hard to find and is maybe inactive, to say the least. We need to have something to awaken that thing and come into a global force, otherwise we are just into the status quo.

[Getmon]

I know It exists many crypto's, and many get bigger prices against BTC slowly, some will be dead slowly or at the marketstart, but the development (in size also) of the crypto market seems unstoppable.

But...

I see, the insurance of crypto's has no any limit.
The dominant crypto (Tether USD the dominant, of course - because the biggest daily volume) have also no limit.

We loosed the limit of our money-system? The crypto-market, as whole, not (more) deflationary, as bitcoin loosed the dominance?
Or the market can choose - through dominance-level of the different coins - what a mix of inflationary / deflationary economy is a need at every time?
Maybe it is a new possibility in our economy - to act through the market to choose the level and the kind of economy (inflationary (i.e. 0% similar to USD) ... deflationary (100% - similar to bitcoin), as market needs?
Not through politics or FED will this level defined, but through a "free" market... Or? Any opinion?

The dominance of Bitcoin is going to rise and fall depending on its demand and even influenced by the performance of altcoins. Don't even consider Tether as the most dominant crypto. It may still be cryptocurrency because it is using the blockchain technology but we should not classify it as if its price is solely determined by the demand and crypto development like the rest of the altcoins. Stable coins are stable and are based on fiat. Stable coins are deflationary in nature because it is fiat-based. Bitcoin is not. It is the opposite.

[ifinta]

It was this little amount of BTC in this time mined? ~ 679000 BTC? ((I know, it is a newbie question...))

[ifinta]

Today state: 28 346 718 BTC market cap ... ((a little higher as 21 millio, but, nice LOW, if I compare to our broad money: https://bitcointalk.org/index.php?topic=5239513.msg54208969#msg54208969))

[ifinta]

Today... ((the BTC price a little furious))