You're underestimating the power of cryptocurrencies, not just Bitcoin, but also ETH, Sol… Cryptocurrencies possess all the advantages of traditional finance while compensating for its disadvantages...
Yes but that process will be handled again by legacy financial institutions. The real freedom comes from the ability to hold coins in a anonymous way while being able to exchange on markets of other anonymous users. That is not something that the average Joe can easily do. At least in the short term.