My understanding was that BTC was to provide permissionless transactions on a public ledger, not replace "the social technologies developed over the length of h

My understanding was that BTC was to provide permissionless transactions on a public ledger, not replace "the social technologies developed over the length of human history for securing property." Those social technologies haven't worked out great recently I might add https://www.bloomberg.com/news/articles/2021-06-01/bank-of-america-fixes-ordered-after-hacked-customers-go-hungry https://www.bloomberg.com/news/articles/2021-06-01/bank-of-a... https://www.nytimes.com/2019/07/29/business/capital-one-data-breach-hacked.html https://www.nytimes.com/2019/07/29/business/capital-one-data...