Daylight Freedom co-founder Aaron Day believes that Bitcoin has deviated from its original vision as a decentralized alternative to government-controlled financial systems and has instead integrated into the traditional financial system. A long-term Bitcoin user since 2012, Day has observed that Bitcoin's narrative has shifted from peer-to-peer cash to a store of value as "digital gold." Meanwhile, transaction fees have continued to rise, transaction speeds have slowed, and it has received funding from institutions such as the MIT Digital Currency Initiative. He believes that the development of technologies like SegWit and the Lightning Network, while addressing scalability issues, have also caused Bitcoin to stray from its original intent of decentralization and usability, instead being adopted by institutions through exchange-traded funds (ETFs), custodial services, and national reserves.

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