I think that was the original idea that gave Bitcoin its publicity during its nascent days besides it eliminating the bottleneck associated with middleman. Sadly, we can't say it's the same thing this day. Privacy is now threatened as exchanges are now asking for KYC. The bottleneck is again back in the form of miners as congestion on the Blockchain is killing the game. If Bitcoin had started this way, it would've long been dead, with zero or no interest sustaining it.

BTW OP, your username is hilarious 🤪