No we do have a lot of purchasing power because we work hard, make money, live below our means, and save in bitcoin.
If you did that in fiat you would also rich. But you are not incentivized to do that because of inflation.
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Prior to bitcoin plenty of people worked hard, made money, lived below their means and saved money.
Even today in a world where bitcoin is 16 years old, most wealthy people who do the above and are objectively rich have 0 bitcoin.
Don't confuse the bubble we are in with the big picture. There are billions of people in the world. I doubt 10 million people hold self custody bitcoin with over $10,000 of purchasing power.