A core component of the original pitch of Bitcoin was that it would enable anonymous transactions, thus circumventing discriminatory practices from banks, things like being debanked.
But… turns out, you can fairly easily and fairly anonymously deanonymize a bitcoin wallet, in many situations.
You didn’t specifically mention anonymity, but I was reading ‘the white paper’ within days of it being published by Satoshi.
That intended design element has functionally failed, unless you wanna move over to Monero, basically, but Monero has other problems, from a currency standpoint.
A core component of the original pitch of Bitcoin was that it would enable anonymous transactions, thus circumventing discriminatory practices from banks, things like being debanked.
But… turns out, you can fairly easily and fairly anonymously deanonymize a bitcoin wallet, in many situations.
You didn’t specifically mention anonymity, but I was reading ‘the white paper’ within days of it being published by Satoshi.
That intended design element has functionally failed, unless you wanna move over to Monero, basically, but Monero has other problems, from a currency standpoint.