Not by no-coiners or people who missed buying the dip, but actual HODLers like us.
Even though Michael Saylor is buying as much bitcoin as he can, some people don't seem to like him at all, and it shows for example on Telegram channels and sometimes X/Twitter.
Even though Michael Saylor is buying as much bitcoin as he can, some people don't seem to like him at all, and it shows for example on Telegram channels and sometimes X/Twitter.
Why do you think "hodlers" vilify MicroStrategy? Because it's a company. And a company holding large amounts of BTC, goes against Satoshi's original vision. The less BTC people own, the more power will be concentrated on a single entity. Even if network consensus is solely determined by nodes + miners. This brings inequality into the system. Wasn't Bitcoin designed as a response against the failures of centralized entities?
By putting everything in the hands of banks and corporations, Bitcoin would become no different than traditional Fiat. These players will be able to influence decisions with their money. It's said that Bitcoin Core development is already compromised, as banks are indirectly involved with donations. So there's that. Don't get me wrong. Mr. Saylor is a good person with great ambitions for Bitcoin. It's just that it doesn't feel right to have a single company own most (if not all) of the BTC. You understand me, right?
