Define reputable.
> Announcing the first release of Bitcoin, a new electronic cash system
http://web.archive.org/web/20090131115053/http://bitcoin.org...
> Instant transactions for points-of-sale
http://web.archive.org/web/20130805223235/http://bitcoin.org...
(That verbiage lasted most of 2013, but was removed a couple days after this capture, presumably because payments were starting to become less "instant.")
> Bitcoin is a new payment system, independent from the traditional financial sector, and this could provide resilience to the economy in case of a crisis, as it creates a parallel payment system.
Understanding Bitcoin: Cryptography, Engineering, and Economics by Pedro Franco, 2010, pp. 26.
> You can purchase video games, gifts, books, servers, and alpaca socks. [...] Bitcoins are a great way for small businesses and freelancers to get noticed. It doesn't cost anything to start accepting them [...] and you'll get additional business from the Bitcoin economy.
https://www.youtube.com/watch?v=Um63OQz3bjo
Bitcoin has literally been presented as a replacement for cash payments since day 1. I could go on, and on. That history is now being rewritten, and I think it’s important to understand why. Bitcoin set out to do one thing, is failing at that one thing, and I’m discouraged to see people rewrite the narrative rather than own it and say it didn’t work for that.
And you've mixed up your history: the research grants into the Internet were funded for that purpose, but it quickly morphed into an alternative usage once the new abilities were seen. Nobody went out and pulled out full page newspaper ads with that intent for its design, or otherwise heralded the Internet as such.
Ethereum, the supposed answer to bitcoins problem has just recently began to see the exact same problem. Why? Because of a dumb kitten game - what happens once even a single ICO finds an moderate amount of user base?
These are early times friend
“Lightning Protocol 1.0: Compatibility Achieved ” https://medium.com/@lightning_network/lightning-protocol-1-0...
BTC doesn't do its original job, and the current value on it, aside from idiots looking for a get-rich-quick scheme, seems to be that it will eventually do its original job.
In any case, the internet was designed as a communication medium that could survive nuclear war. That's how it was sold by its proponents. So what.