Woah. Ok, there's a lot to unpack here.

1) > “Disrupt incumbents! Software eats the world! Through the Internet all things can be made better!”

Yes, through the internet lots of things can be made better. That hardly means that every attempt is right, good, or laudable. That hardly means that every attempt should be free of judgement, free of having to stand on its own merits, free from being challenged. You get that yeah?

2) > But when it comes to crypto “No! We love our stodgy ancient corrupt banking system and the money laundering crooks that run them and extract ridiculous fees for terrible service!”

"Stodgy, ancient, corrupt" is a strong judgement you have not provided any support for whatsoever. Portions of the system folks assume fit that description they frequently simply do not understand and love to use as their perennial whipping boy.

For instance, inflation. There's nothing corrupt about inflation. Inflation is designed to incentivize investment. Money as designed is meant to be a temporary, lossy store of value. Inflation is designed to push you towards investment. That can frequently even just be a savings account -- which collateralizes loans. Inflation is the benchmark "rate to beat" in order to make your capital allocations, and pick winners.

3) > "... extract ridiculous fees for terrible service!”

Do... do they? My bank charges me nothing. Ally charges nobody anything for, well, anything. So does this entire generation of online banking. Schwab. Just check out nerdwallet for a list.

I've had nothing but good experience with them.

4) Permanent “psyduck confused” look on my face.

Let me try and explain with a few salient points.

- Bitcoin has a worse wealth distribution than any banana republic. This means that a small few folks possess literally all the wealth there is to be had and the rest of the plebs are playing with pennies. This is not the "new money" people deserve.

- No centralization means all sorts of garbage things are permitted: money laundering, crime facilitating, scams, schemes, separating folks from their wealth.

- It uses more power than an average country to record 7 transactions per second. BTC uses 70TWh per year of power and generates 12kT of e-waste. For nothing. Each transaction requires as much power as an average US household uses in 21 days, and generates 105g of e-waste. TWO transactions is the same as chucking an iPhone out the window. This is intended behavior.

- 15,000 coins are lost per day. Massive deflation results, or as the community puts it "SFYL". This is intended behavior.

- It's a user-hostile technology that punishes users in the amount of their net worth if they make tiny understandable mistakes. This is intended behavior.

- More than 50% of the hash power is centralized in 5 mining pools in the PRC. Using BTC would be the equivalent of giving China control of the currency. This is a natural consequence of proof-of-waste schemes.

- At an average $0.14 per kWh, a single BTC transaction actually costs $84, which is currently being socialized across the block reward. As the reward drops fewer people will mine it, this in turn reduces the security of the system. The system will not survive.

There's really truly nothing to like. It's old, crap tech that supports money laundering and speculation. Nothing more.