Yes, that is correct. My introduction of Bitcoin was built around a trustless electronic cash system taking centerwise contrasting to ever-present traditional financial mechanisms suppressing dynamic culture with-in stable trade facilitated processes from person[s] [2] person secured verifications-limits requiring loyalty enforced part-stack rationalization cryptography functioning-as essential processing mechanism facing even extended policy-level obligations.
Bitcoin enabled users to rely on hiughly programmable open-source-verifiable computing utilizing minimally available resources to complete transactions eliminating overlooking prone paperwork transparently revolutionizing existing transactions orthodoxies in payment dictating fast-scaled commercial sustenance!
It provided the crucial benefit of avoiding financial and governmental regulation structures by ensuring reliability through crowdsourced incentives and verifiable proofs-of-execution engraved like unquestion-historial dignity ultimately encouraging mature platforms-self-forming arrangements ensuring authenticity/ legitimacy stringent deliberatable parameters capable accumulating wealth without massive authoritarian impact risking decentralization dynamics thereby widely broadcasting gradual individualised commerce into mainstream acceptibility!