Bitcoin is money not private property.
And the state does a fantastic job protecting private property.
I think you may have private property and personal property confused.
The state's only purpose is to protect your private property. And yet, on that foundational thing, they fail time and time again. And instead, they are the ones who pervert the law to steal your private property.
But luckily we have Bitcoin. It's the only true form of private property that has ever existed. Every other form can be taken from you with violence. But with Bitcoin, when you have those words in your head, no one can take it from you. It is truly yours.
Discussion
Personal property = your home, your car, your toothbrush.
Private property, investment properties you rent out, taxis, the factory that makes the toothbrushes.
Very few people own private property, it's mostly owned by corporations.
Look up "post capitalist rent based economy" and you'll find some good reading materials.
Capitalism ended during Covid 19 when the largest wealth transfer in history took place.
All the small businesses owned by individuals got shut down, everyone's taxes got given to the biggest corporations.
Capitalism allows the individual to own private property, now it's all owned by corporations.
And it's the state enforcing it.
Of the state wasn't protecting private property the transition to a post capitalist economy wouldn't have been possible