https://cryptoanarchy.institute/nocoiner-syndrome-2024.pdf

This paper introduces and analyzes nocoiner syndrome, a condition where individuals, especially those benefiting from the current financial system's Cantillon Effect, perceive early Bitcoin adopters as immoral.
Through a case study of recent academic work by European Central Bank employees, we examine how this syndrome manifests in academic discourse and institutional behavior.
We analyze the syndrome's root causes, including cognitive dissonance from missed opportunities and the psychological impact of working within inflationary monetary systems.
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