man, i was looking forward to see if John's views finally evolved. but they just further devolved into a shameful display of coping about the "necessity of trust".

the entire point of #bitcoin, it's most important value proposition was that it does not require trusted third parties. that you can be selective about entering into a trust relationship on your terms when you see fit and not forced to do so for the most basic utilities.

the other common mistake John seems to still subscribe to is thinking the "ponzi" works without the freedom tech at scale. it does not. paper bitcoin undoes the scarcity. institutionalized bitcoin has no cap on the supply.

"your journey ends here insert coin to try again!"

trust and credit sure work. and scale spectacularly. they are also copes and clear capitulation from the mission. they also only work until they don't which usually the lesson every nth generation has to learn and then the world forgets.
@John Carvalho @Vlad, Bitcoin Takeover Podcast