at the moment it can be regarded as it can protect us from banks but as soon as people like some that we see today wants to take the control of entire btc market than things take another level.
I believe the philosophy behind bitcoin was to give financial freedom to people so they are not exploited by the banks. The banks have really worried most individuals by charging huge sums of money as transaction fees. The dream of getting protection from the banks would become a reality when many begin to appreciate the world of cryptocurrency.