The genesis block for BTC famously includes the following text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks".
This was the headline in The Times referring to yet more UK government support for the banks.
Some claim that including this headline in the genesis block proves that Satoshi Nakamoto (widely believed to be a pseudonym) was anti-capitalist, anti-bank bailouts, a freedom fighter, and any number of other supposed virtues or traits.
I personally think that the white paper published on 31st October 2008 gives us far greater insight into the thinking behind BTC: https://bitcoin.org/bitcoin.pdf
This paper included the comment:
"What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party."
It was not designed or intended to replace the current fiat system of money creation by central banks (CBs). It was not designed or intended to replace fractional reserve banking as practised by commercial, merchant and investment banks. If those were the two objectives BTC would be a failure (albeit a glorious one) as it cannot replace CBs and other banks, for many reasons.
What crypto technology does is to provide an alternative to CBs and other banks. It is universally available to anyone with at least a smartphone. It is incredibly cheap, and in many cases, entirely free to use. The applications for crypto currencies are continually being invented, developed, and enhanced. In the very near future, it will be theoretically possible to switch all your banking needs to the crypto world should you choose to do so.
What Satoshi has given us is an incredibly powerful tool, built on a cryptographic, trust-less system for the creation, movement, and distribution of wealth. This makes him possibly one of the greatest capitalists of all time.
Please feel free to contact us with any questions: mark@curiouscryptos.com