Bitcoin is necessary but not sufficient to build a peer-to-peer financial system. Bitcoin is one tool in the financial self-sovereignty toolbox. Bitcoin is a hammer. What is the drill? What is the carpenter’s square? We can’t build a financial freedom house without all the tools. We need other peer-to-peer networks that use proof of work to disintermediate third parties that censor startup fundraising, lending, or publishing.
By replacing trust with computation, Bitcoin is the separation of money and identity. Know Your Customer (KYC) regulations reattach identity to cash. And by functioning peer-to-peer without needing user identity and being comprised of digital computer bits, Bitcoin is permissionless and pseudonymous. However, Anti Money Laundering (AML) laws insert a third party, severing peers. KYC/AML Bitcoin isn’t Bitcoin.