Has the word "fuck" lost it's power in the Western world?

The way I see it, the word carried a lot of weight when it made a direct or vague reference to wanton sexual intercourse, a notion that Christendom has never been totally comfortable with, or rape.

Even into the 20th century, the phrase “fuck you” probably had something to do with wishing that Satan, or someone you did not like or found revolting, would have his way with you.

But in the mid to late 20th century, certainly since WWII, it has become more of a type of punctuation, an enhancement if you will. As in “fucking asshole” or a description, as in “fuck up”.

Has the word “fuck” lost some of it’s power as it has become used in so many ways other than a reference to an erect penis, or a similarly shaped object, entering some sort of orifice?

It really is not like me to be so… direct. But I am sort of tired of asking questions about political correctness, cooking, dogs, or Islam.
I thought I would walk on the wild side for once.
Plus, I do use the word occasionally, so, what the f***?