Bitcoin is community driven - no
The community has clearly been shouting for something to be done in terms of the transaction costs and transaction times, but devs don't care
Yes they care, updates are not that frequent as the "community" wanted.
You don't want to have an update with bugs and exploits don't you?
When you say
community, it means everyone including the devs.
Bitcoin is for the poor - no
Only the rich are benefitting, with the poor now seeing their money being trapped behind a "wall" of transactions fees in excess of 100$
Nope, the intelligent ones are benefiting. Bitcoin is for all.
Based on your "transaction-based"
equity: If you're rich or poor, you have paid 10$ for a 40$ transaction.
Not for the poor? Too much or not that much, you paid the same fee.
You said, bitcoin failed as a currency, then why is it being used as currency by some?
Those problems are conflicting with each other, that's why.
There was no purpose on everything, it just happened to be useful to the observer.