except for the obvious misunderstanding that programmable money is supposed to work trustlessly.
I think the misunderstanding might be yours for conflating the concepts of "promissory note", "articulated protocol" and "bearer token".
At the end of the day, Tok, it requires the greater-fool to pay a taxation for centralized services to pot holders who can reap the rewards forever and ever and ever and ever..... If I had gotten into this early and had no political qualms about oligarchies, then I'd be right there with you defending my infinite pile of potential profits until the bitter end--though I suspect, if I were so inclined, I'd also have realized that once people stop buying into the system, that it's only a matter of time before the oligarchs sell their share of the kingdom in a mad dash to the bottom. Happy trails.