Bitcoin is stupid to those who have worked hard gaming the Fiat system. To them Fiat is a reality that is merely declared by others who are more powerful. They strive to make it to the top of the Fiat bin.

In some ways they aren't incorrect. To them reality is a relative, nihilistic field that must be determined by men. Again, in some ways, they aren't incorrect.

Bitcoin is just open source reality. This frustrates them because suddenly their private shared keys are exposed as nonsense. Especially when you can have your own private keys. With Open Private Key encrypted communication we are able to organize without the permission of central planning. We just need to be nice to the customers we have and the providers we commission. We also need to respect the protocols we use as they don't work without knowledge.

Finally we respect the authority of records and creation only by careful consideration and not by the monopoly of violence. This is difficult for the cheer leaders of Fiat to understand.