Does bitcoin bring anything genuinely liberatory?

TLDR: I'm wondering if bitcoin and cryptocurrencies are actually intensification and worsening sof the issues that led people to turn to crypto in the first place.

Yes i did get banned from r/btc for posting this

I used to see Bitcoin as a front towards a new kind of money that will create a new, more beneficial world for everyone, and I am wondering if anyone has thought the same way and is worried about the way things are going. All I can see Bitcoin being is a store of value for the richest in society now.

At base level, Bitcoin provides bank accounts to all those that want it. There are very few who will say this is a bad thing or deny this is a promise of Bitcoin. An account that cannot be closed outside of the user. This feels noble at first until the full picture of rampant fraud from exchanges as well as individuals is taken into account. Those that steal from the "shitcoin" market through financial endeavors or political ties will inevitably cash out in Bitcoin when their shit fails, creating an immense pool of whales.

The dream of decentralization is dead with readings of 24.17% of supply being held by institutions, exchanges holding around 11%, and the biggest proportion being whales at around 40%. This doesn't leave the taste of freedom in your mouth, does it? 25% doesn't feel liberatory. And if you're talking about digital scarcity, this "adopter first" attitude recreates even worse wealth disparity from the outset.

On top of that, the future prospects are absurd. The dream of reduced energy costs for all is what I had a startup fella tell me recently. What a joke. The grid is basically at capacity now, and AI data centers are putting a strain on it. In the ideal world where Bitcoin is the currency of choice, the price of electricity will track with Bitcoin since it is the most valuable asset, and companies will be given preferential treatment to miners since they make the most money. Electricity is a pie chart, and when anything but the people are in charge of demand, they will be forced to pay the rate that tracks the "world's most valuable currency." What a joke. Bitcoin pretends to solve problems but really just amplifies them. There is a decoupling of value in the world where wealth managers and corporate financiers get paid more than nurses who are looking after you and your mum if, God forbid, you or them get ill. There is no financial liberation; it's sold as that to disguise the fact that it's the same thing that caused you to feel like you needed to escape the current financial system in the first place. It's the same thing with no mask on, pretending not to be the person underneath it, when you very well saw them remove it in the first place. Something you know but choose to forget.

If there was a dream, it was to create a better world. Lost a long time ago, all we have left is dollar value. What's worth left hanging onto that isn't the old world? An escape disguised as a trap, further down the well we go. Everything everything nothing again again...