I'm having problem figuring out how these three facts are mutually consistent:
Call a set $S \subset \mathbb{C}$ to be concirclic if for some real number $R$, if you let $A$ be the (open) ball centered at zero with radios $R$ and $\overline{A}$ be the closure of $A$ then $A \subset S \subset \overline{A}$. For any power series $f(z) = \sum a_i z^i$, let $S_f := \{ z \in \mathbb{C} | f(z) \text{ is finite } \}$. Then $S$ is concirclic
If you let $f(z) = \sum (z-.5)^i$ then $S_f = \{ z \in \mathbb{C}, |z - .5| < 1 \}$. In particular, $S_f$ is not concirclic.
If you define $b_i$ as the sum of coefficients of $z^i$ in $\sum_{k \geq 0} (z-.5)^k$, then $b_i$ is well defined (i.e is not divergent). Then $f(z) = \sum b_i z^i$, and hence $S_f$ is concirclic.
I'm making some very stupid mistake but can't figure it lol
You defined $S_f$ as the domain of convergence of Taylor's series centered at $0$, and such domain is indeed concirclic (upd: if radius of convergence is finite). But in 2 you take Taylor series centered at $\frac{1}{2}$ - and it's domain of convergence in general differs from domain of convergence of series centered at $0$. So $S_f \neq \{z: |z - 0.5| < 1\}$
If you calculate $b_i$ you will note that $b_i = \frac{2}{3} \cdot \left(\frac{2z}{3}\right)^i$, and $\sum b_i z_i$ converges at, say $z = -1$, while original series diverges there.