Bitcoin was made to route around middle men and the legacy financial system, not to compete against gold...

"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" - Satoshi Whitepaper

BTC is explicitly introducing trust back into the system, with watchtowers for LN, trusted sidechains like Liquid, or custodial 'solutions' like Strike.

All of these reintroduce what Bitcoin was made to destroy - trusted middlemen that can reverse transactions and increase costs - disallowing "small casual transactions" over the internet.

Bitcoin was made to remove trust - while BTC is destroying the very reason why it was created in the first place.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

While Nakamoto never clearly stated the meaning of the message, many have interpreted it as a reference to why Nakamoto developed Bitcoin: to cut out the banks and middlemen that he saw as corrupt and unreliable, electing to create a more people-driven currency.

https://www.investopedia.com/news/what-genesis-block-bitcoin-terms/