I don’t think they hate it.
I think they just hate the people who use it.
You will have a lot of people who are elitists who act like they are better than everyone else because they do something slightly better than everyone else.
So people who have bit coin, act like they are smarter.

To some degree, some people who saw their potential before they rose to power, can be said to have foresight.
However, all it is is just another form of money.
Or, better said bearer bonds.
Untraceable.

So, to sum it all up.
People bad, money neutral.
That advices i get from my investor - Tymur Artemyev