Replying to Avatar Joshua

As I understand it, whomever holds a monopoly can artificially lower prices (operating at break-even, or even a loss) in order drive out new competitors who can't afford to sell that low.

In a hyperbcoinized future, MicroStrategy could offer it's services for free by drawing from its practically bottomless treasury. After the competition has been driven out of the market, prices can return to normal, or higher, to recover the losses.
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Hazey 1y ago

Microstrategy is bringing the imbalance of the fiat world into the future bitcoin world.

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Hazey 1y ago

MSTR are counting on an economy where derivatives of bitcoin will be used like bitcoin, so that they can loan it out without selling it. Probably also explains Saylor's partiality towards the dollar and lack of interest in layer 2's like lightning.

But an advanced economy using hard money has much less need for debt, as saving becomes an effective strategy once again for building businesses and wealth.

The practice of burning bitcoin to establish a monopoly may work for a while, but will ultimately fail in a hard money world.