[throwaway22032]

The problem that Bitcoin aimed to solve was that cash cannot be transferred online. The headline of the whitepaper - "a peer to peer electronic cash system".

You can transfer cash in person by handing someone coins or notes. It might be illegal in some jurisdictions to do that for high amounts or certain items, but it is at least physically possible i.e. permissionless.

Bitcoin is that, but online.

The regulations you are describing affect what are essentially financial institutions operating on top of the system.

The act of sending Bitcoin is permissionless by design.

That's it, that's all it is. Nothing more, nothing less.

[righthand]

But it’s still trackable and not completely anonymous as has been proven time and again. So while Bitcoin claims that the purpose is so rudimentary, the established systems don’t exactly make it true.