PC Slower Than It Used to Be?
A free scan shows the junk files, broken settings and background clutter dragging Windows down - then fixes them in one click.Free scan · Windows 10 & 11Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchDean Baker argues that a sharp fall in cryptocurrency prices could ease competition for scarce goods such as housing and major-event tickets by reducing the spending power of some wealthy holders. That is an economic interpretation, not proof that non-owners have saved money or that Bitcoin’s decline caused prices to fall.
Why Baker thinks a Bitcoin crash could help non-owners
Baker, co-director of the Center for Economic and Policy Research (CEPR), laid out the argument in his December 18, 2025 post, “Public Makes Trillions on Plunging Crypto”. His reasoning is about purchasing power: people who became wealthy from crypto may have been able to bid more for goods in limited supply. If their crypto wealth falls, some may spend less or make lower bids, potentially easing price pressure on those goods.
Housing and major sports or concert tickets are Baker’s examples. In his words, “This would benefit the general public by reducing demand in the economy and reversing the run-up in the price of housing and Superbowl tickets.” The statement describes his proposed effect; it does not establish that housing or ticket prices actually fell because of crypto losses.
What the reported decline measures—and what it does not
Baker reported that Bitcoin peaked at $124,800 on October 4, 2025, and closed at $85,900 on December 17. He also said major cryptocurrencies lost more than $1.2 trillion in market capitalization between early October and December 17. He compared that loss with $10,000 per U.S. household.
#1 Best Overall
- BITCOIN EXCLUSIVE, PHONE VERIFICATION: Bitkey is designed from the ground up exclusively for bitcoin — a dedicated hardware wallet for secure bitcoin storage. Approve transactions with a tap using your phone and NFC. No device screen is required.
- SELF-CUSTODY, NO EXCHANGE OR CUSTODIAN REQUIRED: You hold two of the three keys in the Bitkey system – one on your phone and one on your Bitkey device. The third is stored on Bitkey’s server and cannot move your bitcoin on its own.
- NO SEED PHRASE: Set up and use Bitkey without creating or storing a seed phrase.
- 2-of-3 MULTISIG: Three keys are stored separately across your phone, Bitkey device, and Bitkey’s server. Any two keys are required to move your bitcoin.
- BUILT-IN RECOVERY: Encrypted backup and recovery tools can help you regain access if you lose your phone or Bitkey device. You can also designate a Recovery Contact.
That household figure is a way to convey the scale of the market-cap change, not a payment, refund, or measured saving received by each household. Market capitalization is the value implied by asset prices; a decline in it is not the same thing as money being transferred to consumers. The figures above are Baker’s dated figures for the October–December 2025 period.
A separate December 19, 2025 Futurism report by Joe Wilkins described Bitcoin as having exceeded $120,000 in October and being around $88,000 when the article was published. Those are rounded figures tied to the report’s publication date, not a replacement for Baker’s specific peak and closing-price figures. Futurism’s article is available at Futurism.
Rank #2
- Unparalleled Security: Protect your assets NDA-free EAL 6+ Secure Element, offering robust defense and complete transparency
- Simple & Secure Interface: Manage your digital assets easily with a clear OLED screen for secure on-device confirmations
- Supports 1000s of Coins & Tokens: Securely handle thousands of assets, including Bitcoin, Ethereum, and more, all in one wallet
- Effortless Asset Management: Monitor and transact seamlessly with Trezor Suite, our intuitive desktop and mobile app
- Enhanced Backup Solution: Rest assured with Multi-share Backup, eliminating single points of failure for secure cold wallet recovery
Why lower crypto wealth is not the same as cheaper living costs
For Baker’s mechanism to help other consumers, a wealth loss would need to change spending or bidding in a market where supply is constrained. Even if some crypto holders cut back, the effect on a particular home, ticket, or other purchase would depend on how many buyers were affected, whether other buyers took their place, and whether supply or other demand factors changed.
- Market value versus cash flow: A lower quoted value does not show how much holders sold, how much they spent before or after the decline, or how much purchasing power shifted to other people.
- Proposed demand effect versus observed prices: Baker names housing and major-event tickets, but the sources do not provide an independent causal estimate of the decline’s effect on either market.
- Short-term movement versus lasting benefit: A temporary price drop in crypto would not by itself establish a durable reduction in household costs. Baker acknowledged uncertainty about whether the decline would be temporary or signal a longer fall.
Baker’s comparison with stocks—and its limits
Baker distinguishes crypto from stock in a company that produces useful goods. He argues that lower crypto prices have less potential to affect production, apart from reducing crypto production itself. He put it this way: “The only possible impact of lower crypto prices on production is that we will make less crypto.” This is Baker’s stated view, not a consensus finding established by the sources.
Do these 3 things before closing this tab:
1Repair Windows errors before they cause bigger problems2Scan for outdated or missing drivers - takes under a minute3Clear out junk files and repair common Windows errorsRank #3
- Unparalleled Security: Protect your assets with EAL 6+ Secure Element, offering robust defense and complete transparency
- Simple & Secure Interface: Manage your digital assets easily with a clear OLED screen for secure on-device confirmations
- Supports 1000s of Coins & Tokens: Securely handle thousands of assets, including Bitcoin, Ethereum, and more, all in one wallet
- Effortless Asset Management: Monitor and transact seamlessly with Trezor Suite, our intuitive desktop and mobile app
- Enhanced Backup Solution: Multi-share Backup eliminates single points of failure for secure cold wallet recovery
The distinction helps explain why he frames a crypto loss as potentially reducing demand for scarce goods without an equivalent loss of useful production. But the sources do not establish the size of any such effect, nor do they demonstrate that the loss benefited people who do not own crypto.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What a regular household can reasonably conclude
The defensible takeaway is narrower than the headline: Baker offers a plausible demand-side argument for why a large crypto wealth decline might ease bidding pressure in some limited-supply markets. Whether it did so—and whether any resulting price change was large or lasting—has not been measured in the reviewed sources. The claim should be read as an attributed economic interpretation, not a guarantee that every non-owner benefits.
Quick Recap
Best Value
- Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
- Effortlessly build your crypto portfolio via the all in one Ledger Wallet app: buy, sell, send, receive, swap, stake and more across popular blockchains. 15,000+ coins & tokens in a single dashboard. Keep a close eye on the market. Compare service providers. Track performance. Get timely alerts. Build your portfolio with confidence.
- Enjoy Bluetooth connectivity, iOS access, and hours of battery use with this mobile-first, secure backup signer. Freedom you can depend on.
- Genuine Check: confirm your signer is authentic during setup with the Ledger Wallet app.
- Protect your signer: keep it in mint condition at all times with a bespoke Pod or Case to avoid scratches and everyday wear and tear.
Rank #4
- Dual-chip architecture for maximum protection: The next-gen, fully auditable TROPIC01 chip works alongside a certified EAL6+ Secure Element—completely NDA-free—to deliver radically transparent, industry-leading defense against physical attacks.
- Quantum-ready security: Get protection against future threats with the first-ever hardware wallet designed with quantum-ready architecture.
- See every detail with confidence: Our largest high-resolution color touchscreen makes it easy to navigate your assets, review transactions and manage your coins with clarity.
- Wireless freedom with encrypted Bluetooth control: Manage, buy, swap and stake securely using Trezor Suite on desktop or mobile. Qi2-compatible wireless charging keeps your Trezor powered up. No cables required—security meets convenience.
- Works seamlessly with Android, iOS and desktop: Connect wirelessly or via USB-C to your phone or computer. Manage your crypto anywhere with our companion Trezor Suite app.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
