It&#x27;s because it&#x27;s not just comprised of tech people, who are excited about its theoretical underpinnings, but also by business savvy people, who know that it will hardly fly for numerous reasons (and if a similar technology ever catches up, it will have so many government imposed regulations as to be totally different), plus old jaded tech persons who know a marginal at best tech and&#x2F;or snake oil when they see it.<p>Aside for people excited by the tech (and its potential applications to other fields), the core of bitcoin believes are either get-rich-quick types who buy into the pyramid scheme, tin-foil crackpots (similar to gold hoarders), and stick-it-to-the-man true believers (with a freeman-of-the-land [1] mentality) naive enough to believe it can trump regulation and disrupt &quot;the system&quot;.<p>[1] <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Freemen_on_the_land" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Freemen_on_the_land</a>