Instead of being a true rival to FIAT, it became a thing with a toxic-as-hell commumity, fraud, and basically its nothing more than a high risk stock. The risk is NOT only "will this go up or down" but you have a high risk of being robbed, as have happened to millions of people.
Maybe there will be a better alternative in the future, but right now bitcoin is not it.
If we keep curtailing the former to serve the latter, we will end up perfectly safe from interruptions, doing nothing at all(aside from what the government dictates as 'serving the common good')
Freedom to walk anywhere means someone can walk onto your property ("done to you") You can curtail that freedom, because you are essentially giving up ("inability to do something with stuff someone else owns") some freedom to get some other freedom ("ability to own stuff that will not be used by strangers").
It's a tradeoff. A good one. Tradeoff of say "nobody's anything is private now because that allows govt a slightly easier time to catch criminals" is not a good tradeoff.