All the altcoins combined are statistically insignificant. The shadow banking system uses dollars by default as it is the reserve currency. My response was glib because Bitcoin inflation is fixed and known. It might as well be zero because the rate is baked in for trading purposes.
Very well. Sure, Bitcoin compared to the inflation of the dollar (including shadow banking) may look like a saint. However, ~10% inflation is a lot when compared to cryptos that are truly deflationary. The comparison is comparing the lesser of two evils, and I personally would prefer to put money in a long term investment that is truly deflationary, rather than one that is less inflationary than the dollar yet still inflationary.