No I think it's because bitcoin's reputation had been thoroughly trashed due how much the early adopters made off with. Any mention of bitcoin now just leaves a sour aftertaste.
who cares? Do you care federal reserve guys can print as many dollars for themselves? Does it prevent you from using dollars to buy stuff in walmart?
Difference from FED is that it happens to bitcoin only once - during initial distribution. After all coins "printed" - no more coins will be thrown into circulation.
Initial distribution have to be made somehow. And I believe people who invested their time and money earlier have to be paid accordingly.
Read paper. This is not money question. This is technology question.