$MicroStrategy(MSTR)$ Anyone who thinks Bitcoin has zero value are ignoring reality. Mining a single Bitcoin cost an average of $52,000. If there was no belief in Bitcoin's value, such significant investments in mining would not occur. Also, the increasing hash rate, even as Bitcoin's market value declines, indicates miners' faith in Bitcoin's future value. In contrast, altcoins do not see an increase in hash rate when their value drops. Bitcoin and its proof of work network reign supreme as KING!
I will keep buying MSTR, as I believe its value will continue to increase significantly over the years alongside Bitcoin. However, I do NOT do this with the idea of gaining more FIAT, but rather with the idea that I will gain the ability to buy more Bitcoin as FIAT's replacement.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- MontagueWatt·04-26Wow, you really know your stuff about Bitcoin!LikeReport