If MicroStrategy can just borrow money ad-infinitum and constantly get richer then why doesn't every other company do the same?
There is no reason not to. And believe soon everybody will be doing the "MicroStrategy play" of shorting the dollar for more Bitcoin leverage.
this is the only end for fiat money game theoretically, hyperaccelerated inflation until totally devaluated. Every actor that has fiat and has possibility to print/borrow fiat is incentivized to do that, and buy the scarcest asset to preserve and gain wealth. And is inevitable, cause every economic actor that choose to not do this will just disappear ggettin rekt. In sp500 wouldnt do that, microstrategy-like companies will do that and will become the new sp500.
Its inevitable, the only thing I cant frankly figure out is how much time it will need and how fast these processes happens
