Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Why does it matters what "we" want? Some people, governments and/or institutions have heard about bitcoin and they are not being quiet about bitcoin's value proposition in terms of buying it up.
This has become every man, woman, and/or child for himself, while companies, governments and status quo rich people start to suck up as much of the BTC as they are able to suck up, and sure, there are some governments, companies and status quo rich people who have not yet figured it out, and sure no real problem for any of us who believe that we largely front-run the recent arrival BIG players, yet those who have not gotten any BTC or have barely started to buy bitcoin (no coiners and low coiners), they are going to have to buy at higher prices, since it can take a long-ass time to build up a decently-sized BTC stash, whether they start buying BTC now (such as, as soon as possible), or if they choose to wait and buy BTC later... yes.. later at a likely higher price, and sure some won't buy BTC and will die as no coiners, but others are going to figure it out, even though it may well take some time for "everyone" to realize that they should get some corn in case it catches on.
Hopefully, you have gotten enough Abiky, especially since you have been around these here parts nearly as long as me.
This has become every man, woman, and/or child for himself, while companies, governments and status quo rich people start to suck up as much of the BTC as they are able to suck up, and sure, there are some governments, companies and status quo rich people who have not yet figured it out, and sure no real problem for any of us who believe that we largely front-run the recent arrival BIG players, yet those who have not gotten any BTC or have barely started to buy bitcoin (no coiners and low coiners), they are going to have to buy at higher prices, since it can take a long-ass time to build up a decently-sized BTC stash, whether they start buying BTC now (such as, as soon as possible), or if they choose to wait and buy BTC later... yes.. later at a likely higher price, and sure some won't buy BTC and will die as no coiners, but others are going to figure it out, even though it may well take some time for "everyone" to realize that they should get some corn in case it catches on.
Hopefully, you have gotten enough Abiky, especially since you have been around these here parts nearly as long as me.
Of course. I have some BTC. But lost many in the early days due to cloud mining scams. I've been accumulating BTC ever since, without selling a single sat. The only thing I've been selling are altcoins since they usually come and go. If more people accumulate BTC, big companies such as BlackRock and Strategy will have less chance of "owning all of the BTC". And let's not forget about governments too. Some of them have big BTC holdings in their reserves. The US and El Salvador are good examples of this.
I know most people don't care about decentralization as long as their pockets are filled with money. Even noobs are accumulating XRP when it's a "banker's coin". Only a handful of people truly believe in Bitcoin. That's a very small minority. But at least, it's better something than nothing. Hopefully, Bitcoin stays decentralized and censorship-resistant forever.
