| Metric | Value |
|---|---|
| Price | $77,604 |
| 24h Change | +1.24% |
| 7d Change | -3.13% |
| Market Cap | $1.56T |
News · Bitcoin
18 Years After Bitcoin White Paper, Small Businesses Still Pay for Bailout System
By CoinBatmi Newsroom · · 2 min read
Onramp CEO Michael Tanguma argues that Bitcoin's fixed supply protects small businesses from inflation caused by bank bailouts, a risk highlighted on the white paper's 18th a…
Market context: BTC — live price, chart and risk profile.
Data puts the crypto market cap at $2.63 trillion, and Bitcoin's market capitalization at $1.56 trillion, a scale that exceeds the total value of the entire global stock market in 2000. Data puts Bitcoin dominance at 59.2% of the total crypto market, with its circulating supply locked at 20.11 million coins.
The 18th anniversary of Satoshi's white paper arrives as Onramp CEO Michael Tanguma warns that businesses across the economy are still paying for the bailout system Bitcoin was designed to prevent.
Tanguma argues that bank bailouts and monetary expansion create inflationary pressures that small businesses cannot afford, while Bitcoin's fixed supply offers a hedge against this systemic risk.
The data suggests Bitcoin's price has corrected 3.13% over the past week, from $80,416 to $77,337, while trading volume remains robust at $66.85 billion. This volatility reflects broader market uncertainty as investors weigh the cryptocurrency's role in an economy still dependent on traditional banking bailouts.
Tanguma's argument finds support in Bitcoin's fundamental properties: the asset's supply cannot be increased like fiat currency, making it immune to the inflationary effects that bailouts create. As banks expand credit through bailout-enabled systems, the purchasing power of business cash reserves erodes, while bitcoin holders maintain their purchasing power through scarcity.
The 7-day price series shows Bitcoin trading in a range between $78,522 and $80,776, suggesting the recent correction may represent a consolidation phase rather than a structural shift. The chart reveals that while bitcoin's price has pulled back from recent highs, it remains well above key technical support levels established in late September.
Small businesses facing inflation from monetary expansion may find that bitcoin's fixed supply provides protection that traditional savings accounts cannot match. The data shows that as central banks continue bailout-enabled policies, cryptocurrencies offer an alternative store of value that is not subject to government intervention or monetary policy decisions.
The anniversary of Bitcoin's white paper arrives as policymakers continue debating the merits of cryptocurrency regulation. Tanguma argues that Bitcoin's success demonstrates that markets can function without bailouts, but the reality is that businesses still suffer from the economic consequences of traditional financial system failures.
Research and market information only — not financial advice.