Ultimately, even when attempting different ideologies, the rich, and powerful are going to have a head start. There's no real way of reducing that, in terms of introducing a newer currency. That doesn't mean it's not a better system mind you.
The original intent of bitcoin was to be used as a peer-to-peer electronic cash system, with no intermediaries, no suspended accounts, no chargebacks, no bailouts, no weeks of transaction confirmation, no monetary monopolies. And, adoption-wise, it's working better than ever.
Right, which is the frustrating part about threads like these ones. They fully focus on the perceived value of Bitcoin, but the real value has already been achieved. We now have a more decentralised currency, that doesn't have the typical drawbacks that you outlined above that you have with fiat currencies.
It already achieved its purpose many years ago. The effects of that, is the perceived value that everyone seems to be obsessed about. While, I do somewhat believe Bitcoin was implemented to be deflationary, and combat traditional ideas, I don't think it was it's primary objective.