That’s not what I hear him saying. I hear him saying that if the base layer remains untainted but the higher layers (2/3) are all gate kept and captured than we basically have the gold standard from 1870-1970 (modern times). An immutably, thermodynamically hard monetary asset controllable by “the state”. Like gold. May still be the largest transfer of wealth in human history but once the dust settles, nothing will have changed systemically. As a species we stay in the same place. And die a horrible technocratic death. I’m with Jack. I’ll give my last sat to see Bitcoin (and humanity) fulfil its true destiny. This is the hill I’M willing to die on. You do YOU.