People keep talking about BTC dominance compared to shitcoins, but the set of "shitcoins" is totally arbitrary and has no clear definition.

Here's a BTC dominance metric that actually has some form of meaning. It's 0.39% (and growing) against banker/government money. This is the number to watch.

Side note: China's market cap is almost double the US. The flippening has already happened.

fiatmarketcap.com