…ut. They prefer a paternalistic, easy-money regime, where occupations like punditry are profitable. Bitcoin promises accountability and a hard money standard. It threatens the existence of bailouts, moral hazard, and fiat-inflationism. In Bitcoinland, the only way to acquire wealth is to work for it. Cronyism doesn’t work, as the central bank of Bitcoin is entirely indifferent to politics and lobbying. This offends the sensibilities of the partisans writing for the Post.