You’re a Nobel prize-winning economist, or a tenured professor at a prestigious university. Maybe you run a deep value hedge fund. You’ve heard of Bitcoin. You do not like it. It’s rat poison, a ponzi scheme, and it’s boiling the oceans with its energy usage. It’s run by an uncouth federation of, presumably, alt-right-ers, or at the very least, ideological undesirables of some sort. It relies on curious, antiquated ideas like sound money, peer-to-peer networking, the abolition of seignorage, and censorship-resistance. It is profoundly distasteful.