The point of (or the natural result of) bitcoin's trustless structure isn't to get rid of all trust, but to have a way to build it back in a secure and reliable way with a proper totem to judge it against. Trust is and always has been the most important element in a strong society. View quoted note →

It turns out that once you have a cheap, fast, and programmable payment layer a lot of innovations become possible. Too bad a lot is basically in a legal grey area.