Post
Topic
Board Bitcoin Discussion
Re: Why is Microstrategy vilified by some?
by
Fivestar4everMVP
on 02/12/2024, 11:51:01 UTC
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.
Well, I think the answer is very simple, reason for this is because most believe that the man already have too many bitcoins in his possession alone, and you know this popular saying about when power is left in the hands of one man, he may likely misuse it, and by so doing, become a threat instead of a blessing.

Personally, I do not hate Michael Saylor, he has his money and can do whatever he wanted with it, and those of us who love bitcoin should be happy for such a man, because whether we believe it or not, he has contributed greatly to the acceptance and confidence people, large cooperations, and even governments have in bitcoin today, his story is an inspiration and encouragement to alot of big Firms to consider creating a bitcoin reserve for the company, for the more we have this, the more our bitcoin becomes more valuable.

So, in the nutshell, I do not see any reason to hate or even envy the Man, hard and smart work pays.