The King Daddy still remains, and is still thriving. 🕶
yes, true, but, be honest, where is the "alternative financial system" based on bitcoin?
It's possible that just sending coins from point A to point B would suffice (and being a putative 'store of value'), but Satoshi envisioned bitcoin banks, if I recall correctly.
13 years have passed, everyone got scars, but there is no "system", would you agree?
At this point, i am not sure if it would be possible as many were trying and so far nothing major had happened. Maybe soon

.
BTW, it is not the fault of bitcoin itself, just human folly and greed (and infatuation with supposedly more 'advanced' shitcoins).
Plus, we need a mechanism that explicitly prevents fake bitcoin 'printing'. No entity should be able to say that they have bitcoin if they don't have a "physical one", and if not, then, as someone said here (sorry can't recall the name) it is "stonks 2.0".