Continuing from the previous article, the size of the crypto market is much smaller than global external debts. The difference is so large that it explains why the idea of 'paying debt with crypto' is not applicable.
Let's look at it with clear numbers 👇
🌍 📊 Size of debt vs crypto market
🏦 Global debt
🌍 Total world debt: +300 trillion USD (trillion in English)
Only sovereign external debt (countries): tens of trillions
🪙 Crypto market
Total crypto market cap: ~2–3 trillion USD
Bitcoin: ~1–1.5 trillion
Rest of the market: much more fragmented
⚖️ Direct comparison
👉 Global debt is ~100 times larger than the entire crypto market
📉 Concrete examples by country
🇺🇸 United States
Total debt: +34 trillion USD
👉 Greater than the ENTIRE crypto market by more than 10x
🇨🇳 China
External debt: ~2–3 trillion USD (not counting regional banks)
👉 Similar to the ENTIRE crypto market as a whole
🇧🇷 Brazil
External debt: ~700B–1T USD
👉 Comparable to Bitcoin only
🇨🇴 Colombia
External debt: ~180–200B USD
👉 Still huge compared to individual altcoins
💣 The most important thing (what few understand)
1. 🧊 You can't use the entire market cap
The market cap ≠ available money
👉 If you try to sell large amounts:
The price drops
You destroy value
2. 💧 Real liquidity is much lower
Only a fraction of the market has deep liquidity
Altcoins → extremely illiquid
3. 🐋 Market impact
If a country tries:
👉 Buying or selling billions in crypto:
Causes massive pumps/dumps
It becomes operationally unviable
📊 Simple example (very clear)
Imagine:
A country needs to pay 50B USD
Decides to use
👉 Problem:
Cannot sell 50B without crashing the price
The market doesn't have that constant depth
🧠 Simple analogy
It's like trying to:
👉 “Emptying a lake with a cup”
Debt = ocean 🌊
Crypto = lake 🏞️
