One of the thing that's truly disheartening about the current interest in BTC is that major corporations and financial entities are using loans to buy up huge amounts of BTC.
The majority of this is the newly printed US FIAT that has entered circulation via loans given out by banks, and therefor isn't at all like the previous periods, where a mucher larger share was actual people spending their hard earned cash to buy BTC.
When talking about bubbles, one of the ways you get to that point is exactly by this. Billions in loans are given out to people who then speculate on assets, in this case Bitcoin. Eventually those loans have to be paid out, and therefor there's more than ever, a major risk of sell-offs, leading to a collapse. That'd be in the case of Bitcoin going through a big fall in price.
It's also a bit "unfair", that we're taxed on our purchasing power, because we receive our investment funds via salaries and they get tax-free loans. They'll also keep holding on to that Bitcoin to avoid paying taxes on it, and are waiting for the ability to loan against their Bitcoin, to once more screw over the system and greatly inflate it.
So while MicroStrategy buying up huge amounts of Bitcoin sounds nice, we have to remind ourselves that BlackRock holds a majority of their stock, and that this debt-based method is screwing over regular people, especially those not smart enough to hold crypto.
Since Bitcoin is an open system, there's really not much we can do against it, and it's not really in our interest to try and salvage a broken system (the debt-based FIAT system).
With the US government's debt alone being worth 60x the marketcap of Bitcoin, and worldwide debt being much higher, it's not unlikely to see a spiral where everyone just guts the hell out of the old system via debt, to take refuge in Bitcoin.
We're looking at regular people owning fractions of the supply, while the investor and banker class who do zero work, will own major supplies, and making Bitcoin into the same old unfairly distributed system as always.
There's only one thing we can do, and that is to acquire and hold onto our BTC, to at least preserve some of our power in the future, and to avoid going belly-up financially once the FIAT system totally cracks.
Just a small reminder of what's at stake.
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