Bitcoin is Dead

Bitcoin, as Satoshi dreamed it, it's dead. Bitcoin was supposed to disintermediate the finance industry — the system of banks and middlemen and transaction fees in which a single entity can hold your money hostage. Instead, it replicated this system and made it worse. Bitcoin is none of the things it was supposed to be.
https://theoutline.com/post/2592/bitcoin-is-none-of-the-things-it-was-supposed-to-be