Tyranny. People make technology to get around their idiotic laws and control. Suddenly they must become more tyrannical than they were before just to maintain the same control they previously enjoyed. We'll either end up with anarchy enabled by subversive technology or totalitarian governments that regulate everything their citizens do online.
Who's going to show up at some untrustworthy place with fat stacks of cash in order to trade crypto?
> as it is initially meant to be used
It was meant to replace the USD for everything including everyday transactions.
Lots of people, actually. Its more common than you would think!
The hardest part is matchmaking and (optionally) escrow.
LocalBitcoin originally did this for IRL but then stopped as they were slapped by a regulator. They were taking a cut from the escrow and acting as a custodial wallet, which made it easy to spank them.
They are now kaput.
There are other, less stupid, platforms that replace them.
There are ways to transact P2P without meeting in person. Bisq is decentralized example.
> It was meant to replace the USD for everything including everyday transactions.
I did not read this chapter of the Bitcoin whitepaper