alt Hacker NewsTLDR: to understand bitcoin you have to see the problem it's solving - most people are blind to it even though it affects their lives terribly.
https://x.com/saylor/status/1878154748353818932
> "The block chain is, and always was, an extremely inconvenient database. How anyone, especially many intelligent people, thought it was realistic to graft a currency on top of such a unwieldy piece of technology is beyond me."
The answer to your question is humans' inability to resist printing money out of thin air if it's possible to, and the disastrous effects it has on the world. Bitcoin is money that can't be printed out of thin air by anybody. The only way to obtain it is by providing work of equal economic value.
Look up the M2 money supply over the decades and realise that each time it doubles, the value of your wages, savings and pension are halved. Worse still, that value is stolen, sucked out into the hands of the people above you in the fiat pyramid scheme (see the Cantillon Effect).
It's one of the most important inventions in the history of mankind. This is because it shuts down the biggest scam in the history of mankind - central banking. Bitcoin's positive effect on the world is to restore power to the people and end their monetary-based enslavement - the changes will be profound.
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Bitcoin is also money printed out of thin air. Bitcoin is also a fiat currency. It may be impossible to change the rate of Bitcoin printing, but it's definitely possible to print more cryptocurrencies (see Ethereum, Monero, Solana, Tron, etc), it's definitely the case that bitcoin's non-deflationary nature is terrible for it as a medium of exchange as it encourages hoarding and destabilises the value, and it's definitely the case that it's impossible for any currency with a fixed issuing rate to maintain a stable value.
Alas, any comments trying to talk about the problem are getting buried. They don't understand the solution because they stick their fingers in their ears when someone tries to show the problem. Of course a solution doesn't make sense if there is no problem.
We have to remember 2008 was 17 years ago. People who were born during the crisis are now adults. The tragedy is there might not necessarily be another huge crisis. We blew it 17 years ago. We didn't fix anything. People stopped talking about financial reform about a decade ago. So now we might just have to live with a system where a few elites are creaming the top of the money supply. A system where the brightest and most talented people go and work for something like Jane Street, spending their days playing games and trading bits of paper with each other, causing real effects for people doing actual work, but adding nothing of value themselves but taking loads.
This Douglas Adams quote explains a lot:
> I've come up with a set of rules that describe our reactions to technologies: 1. Anything that is in the world when you’re born is normal and ordinary and is just a natural part of the way the world works. 2. Anything that's invented between when you’re fifteen and thirty-five is new and exciting and revolutionary and you can probably get a career in it. 3. Anything invented after you're thirty-five is against the natural order of things.
Your comment assumes that the purpose of an economic system is to preserve a financial status quo. It isn't, and shouldn't be. Inflation incentivizes people to put their money to productive uses in the economy (capital formation) rather than hoarding resources.