The value of bitcoin is how much people are willing to pay for it. What they really hate is they can't control it because they can't buy it up and issue loans on it.
Technically, they still can buy it up, but they can't just create loans out of thin air and then make money off of the interest. Bitcoin is a whole lot more immune to bullshit from greedy banks as apposed to the established system.
The value of bitcoin is how much people are willing to pay for it. What they really hate is they can't control it because they can't buy it up and issue loans on it.
Technically, they still can buy it up, but they can't just create loans out of thin air and then make money off of the interest. Bitcoin is a whole lot more immune to bullshit from greedy banks as apposed to the established system.