This deserves a full response. There’s a few reasons.
First of all you just have straight up envy. The average IQ of people that get mad about bitcoin is higher than the general population. They’re mad that they’re seemingly smart but missed it. They had friends that told them about it. Or they read an article or two and dismissed and here they are 8 years later and some poster named Cum Rocket is telling them they’ve been wrong the whole time.
I’ve come to realize that either people get it or they don’t. You can lead a horse to water but you can’t make them buy Bitcoin. I’ve tried over the years with friends and family and most have blown me off. It happens. I have one good friend that went in big the same cycle as me and is thrilled about it. But the last couple years I’ve just stopped even though this is the most obvious thing in the world to me.
Secondly, there are people here that know why Bitcoin came to be and maybe are at the higher levels of the pyramid and benefit from the current money printing effects or the financialization of the economy and are wary of Bitcoin effects long term.
Thirdly, it’s known to come from let’s say a libertarian mindset. Especially in CR that brings with it a lot of preconceived notions and emotions. It kind of ties into my last point.
If you think about it, Bitcoin challenges a lot of things at once that are assumed today. Government and issuance of money are interlinked. Inflation is good. Centralized planning is ideal. The existence of a massive network of trusted third parties is essential to transactions of value. These are all things that people here hold as dogma. That’s very upsetting.
There’s a lot more you could go into there but the thing that always stuck with me was when you save money or value you’re saving essentially the time it took to secure that value. When governments or central banks arbitrarily print trillions of dollars to bail out banks or other connected big business and oligarchs they are essentially stealing your time here. Again, arbitrarily and to benefit the real oligarchs. Not the ones @Neonmoon is claiming. He simps for the real ones. The money printers and bankers. Slayyy queen
If your money is maintaining its value you don’t have to speculate or chase yield or become a mini hedge fund to beat inflation. You can trust that what you saved will be there. Then you can in a sense, “Lower your time preference”. And think about how the best decisions and moves are made when you can delay gratification. A more philosophical tangent, but I digress.
Tl;Dr
They missed it. The status quo benefits them. Or they hate it politically.