Is anonymity the issue? Cash is anonymous, but you also say that crypto is not private, which makes it now good or bad in your eyes? The opportunity for recourse has nothing to do with a currency. A currency cannot give you recourse in the face of user error (or basically any). Neither fiat can do that nor crypto can.
> The "not your keys not your coins" take is hilariously dumb in light of how much "value" has evaporated in personal custodial failure.
Do you want to tell me this cannot happen with fiat? The (partly rhetorical) question also aims at both sides custodial and non-custodial fiat.
> The currency and its supporting infrastructure has everything to do with it, and crypto fails basic litmus tests to even attempt to go mainstream.
What exactly does it fail?
edit: replace one "it" with "crypto" to remove ambiguity.