What if Crypto-Currency market cap is bigger than M0 ??

KingScorpio

sr. member

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Quote from: game-protect on November 05, 2017, 07:46:19 PM

In this case crypto currencies have won, but this scenario is very unlikely as there are 100s of trillions in fiat money available worldwide with an upward trend!

We are in the process of inflation since decades, but we are not in the process of a hyperinflation. During a hyperinflation of the US dollar bitcoin will surely rise to $1 million for 1 coin and 1 bread could cost $100 and more!

no you are wrong,

when there will be hyper inflation bitcoin will not rise in value,

access to consumption capacities will be rationed, and company bosses, will be banned from owning bitcoin, and and banned from taking bitcoin for the products their employers produce, the employers will side with the government and controll their bosses, so the bosses cant take bitcoin, because the employeees know bitcoin is waste of ressources.

see 1932 gold ban in the usa.

when there is economic crisis bitcoin cant win because bitcoin is a waste of ressources.

regards

game-protect

hero member

Activity: 1344

Merit: 507

In this case crypto currencies have won, but this scenario is very unlikely as there are 100s of trillions in fiat money available worldwide with an upward trend!

We are in the process of inflation since decades, but we are not in the process of a hyperinflation. During a hyperinflation of the US dollar bitcoin will surely rise to $1 million for 1 coin and 1 bread could cost $100 and more!

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: sasatefa2009 on November 05, 2017, 06:34:37 PM

Hello everybody,

This question really frustrates me !!

the current cap is 200,xxx,xxx,xxx $$

so what happens when Crypto-Currency/Bitcoin market cap is bigger than M0, bigger than all the printed money for ex, us dollars or any currency for any country ??

idk if the follow is related but, we are already in a process of hyper-hyper-inflation because of USA printing money without gold backup and the too-much usury rate.

M0 (Money supply) = In economics, the money supply (or money stock) is the total amount of monetary assets available in an economy at a specific time.

the market cap has no meaning, it rather created very bad negative attention, so better dont speak about it. believe me i know what i am talking about.

you can crate 150 million token sell 500 of those for 1 usd each to a friend publicly
then you have a market kap of 150 million dollar, but this is ridiculous you never created those values, and now look into the society where people upkeep the production lines the infrastructure and the education system and earn 10 usd per hour,

you cant be in a good relation ship with them

so better ask yourself for your legitimacy, not for the market cap, the market cap is pure poison for cryptocurrencies and cryptoeconomics.

look for the legitimacy

regards

scorpio

HeRetiK

legendary

Activity: 3122

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Playgram - The Telegram Casino

Inflationary fiat currencies such as the US Dollars are needed to keep the economy growing. Would Bitcoin manage to utterly dominate fiat currencies, rendering them basically useless, the world economy would collapse because a purely deflationary currency such as Bitcoin would prevent economic growth. That is, unless a balance between Bitcoin and inflationary fiat currencies is achieved.

sasatefa2009

copper member

Activity: 36

Merit: 0

Hello everybody,

This question really frustrates me !!

the current cap is 200,xxx,xxx,xxx $$

so what happens when Crypto-Currency/Bitcoin market cap is bigger than M0, bigger than all the printed money for ex, us dollars or any currency for any country ??

idk if the follow is related but, we are already in a process of hyper-hyper-inflation because of USA printing money without gold backup and the too-much usury rate.

M0 (Money supply) = In economics, the money supply (or money stock) is the total amount of monetary assets available in an economy at a specific time.

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