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Microstrategy buying all the bitcoin is bad, right? Only if you have a fiat mindset..

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I used to think microstrategy buying so much bitcoin was bad because it means less for everyone else. Then I realised its actually a really good thing because MSTR will sit on that btc removing it from circulation making everyone elses btc more valuable.

In a fiat world government overlords can print all the money they want causing your money to lose purchasing power. But in a bitcoin world if someone owns and holds a lot of bitcoin all it does is make your bitcoin worth more increasing your purchasing power.

The amount of bitcoin in circulation is irrelevant, bitcoin can function with any number of units because it is divisible. All microstrategy is doing is making my stack worth more.

This is one of the main reasons a bitcoin standard is so powerful. The person that produces value for society sells his product or service for bitcoin and obtains a big stack of bitcoin taking that bitcoin out of circulation, this then increases the value of everyone elses bitcoin because it has the effect of reducing the spendable bitcoin supply in the economy. Removing bitcoin from the spendable supply always increases bitcoins purchasing power, it doesnt matter if it was because of lost coins or because someone earned a bunch of bitcoin and saved it, the result is the same. This means the average person has their purchasing power increased just because some other person was highly productive.

This means when one person is highly productive everyone benefits by their purchasing power increasing, which means hard working successful people actually cause prices of goods and services to get cheaper for everyone else. This allows everyones life to improve meaning the more successful and wealthy people there are the more everyone benefits. Meanwhile in a fiat standard no matter how many productive and succussful people there are the average person keeps losing to inflation because of government money printing. This is why under fiat people hate the rich and successful because as some get successful and rich others fall behind. They cannot see that this is a function of government money printing and insidious inflation, so they blame the rich.

Under a bitcoin standard though it becomes clear the more rich and successful people there are the more everyones purchasing power increases and the higher everyones standard of living becomes.

Under a fiat standard the most hard working, productive and hyper successful people are vilified because their success does not increase everyones purchasing power. While under a bitcoin standard the most hard working, productive and hyper successful people are benefitting everyone by increasing everyones purchasing power.

This is why I want MSTR and every other corporation to buy as much bitcoin as they can for their balance sheets, because it does not take anything away from me and all it does is benefit me by increasing the purchasing power of my bitcoin.

submitted by /u/slvbtc
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