But they have high social literacy. They know that people hate and are scared of inflation. They know that people love and long for something deflationary whi

But they have high social literacy. They know that people hate and are scared of inflation. They know that people love and long for something deflationary which makes them rich while they are sitting on a couch without doing any work. The human history can be summarized as an arms race to make the maximum profit with the minimum effort. Up until the invention of BTC the record-setter job category in such specialty were the bankers and capital allocators. Allocating other people's money and getting a yield while doing very little physical work or even domain-specific intellectual work. BTC went above and beyond that using financial engineering in the form of deflation to also remove the need to think about how to allocate capital and default risk. Just put it all in the deflationary thingy and watch the number go up, all while doing nothing! It's hard to deny it that BTC is now the frontier of the arms race, it remains to be seen if it holds or it's going to implode and the frontier would move back being banking and capital allocation. Bankers and capital allocators are strangely scared though, they were at the frontier for many centuries and are now running scared and badmouthing people at the frontier after just 5 or 6 years.