I guess you are one of those programmer types who is really into bitcoin. Thats fair enough. I lost a lot with bitcoin from early years to hacking, and all sorts. I am no longer that into it as I was before - its been ten years. Gox was the main exchange once and I thought the eastern european Bistamp would hack me not the Japanese. It turns out the Japanese was Mr Karpeles who eats bitcoin. Lost my life savings.

I do think btc promotes hoarding, and what would be perfect is something that can not be stolen, or seen by the government. I also feel the biggest reason the Fed allow btc to continue is due to the fact they can see every transaction on the ledger. If every crypto was without public ledger - highly likely they would all have been banned. It's basically auto compliance reported by the ledger. I no longer feel bitcoin or crypto is perfect in that regard.