Currently bitcoin is a toy, and will most likely remain one until more amusing toys come along to replace it. It is at a best a 1.0 effort that while internally consistent in its logic, didn't anticipate that opportunists would centralize its use and made no provision to prevent it from being turned into just another piece of script ( say that slowly and clearly ). I suppose you could say it is successful as a simulation game within its own limited definition.

The absence of public ownership for bitcoin's design is probably the best indication that its creator recognizes its limitations. If he doesn't at this point in time, one would sincerely hope he hooks up with some management who could make better use of his talents than he can working by himself. It's a shame that he evidently developed bitcoin to this point without partners or peers to give him reality checks along the way.

Your viewpoint that criticism that causes you cognitive dissonance must also come with something that relieves it or otherwise the critic is a bad actor is one of the most childish things about you. You see, your favorite toy can suck out loud and no one who says so is obligated to spare your feelings about it. Wearing your intellectual immaturity on your sleeve is merely your emotional deficiency, which I suspect is mostly a result of your inexperience and lack of education.

Sorry, no one has to fix bitcoin in order to point out areas where it could use improvement. It's funny that this even needs to be said but appropriate given your born-yesterday-and-likes-it-that-way attitude.

It's obvious you spent a lot of time thinking about behavioral economics before you LOL'd it. If you could ever get your head out of your own ass long enough to catch up with the rest of the world, you would already know how very simple-minded, quaint and parochial your insistence on rationalism is, that sort of thinking was already well on its way to becoming passé before you were born.

By the way, what are you a sargeant of? I was a captain by the time I left the U.S. military, the early 1970s was a nasty time to think about making a career of it, I'm very glad I didn't, notwithstanding it helped me grow up a lot in a hurry. Clearly you could benefit from challenging yourself by getting out of your comfort zone, not that I would suggest the military as a first choice.