I am going to be objective and try my best to not be biased and include my own opinion.
It seems you didn't try very hard, did you?
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I don't think anyone can deny that the second perspective is also correct in terms of "how it works in practice".
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bitcoin fail with becoming censorship resistant in practice
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pseudonimity is easily removed
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Bitcoin failed
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it was designed to be regulated
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it was flawed
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bitcoin became hijacked
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users have already since a long time seen bitcoin as a failure and moved on to Monero.
I will add my own opinion has been just objective facts I've found during my research.
No. Your opinion is your opinion. Facts are facts. Your opinion is not facts. Facts are not an opinion. Until you understand that, you will be incapable of presenting objective facts without being biased and including your opinion.