So I watched the whole hour plus video because it was a good talk...you're right he gets it.

I'm not criticising his view but I am certainly in disagreement on some of his points.

I think one of his major points is that all of the billionaires in the world will be moving their wealth to bitcoin due to its excellent ability as a store of wealth. I won't jump into the "store of value" vs "currency" debate as that has been fought tirelessly, I have always seen it as both but if people are ok with it being a store of value without the ability to use it as a currency then that's all good. I always assumed that it would not be seen as valuable without the ability to spend it easily. Hence my interest in the lightning network and making it easy to spend your wealth.

He also focuses on the fact that corporations, billionaires, etc. won't really care if they have to follow KYC/AML guidelines if they are placed on Bitcoin because they're already doing that for all of their assets and they don't really care. Adding that it may even make Bitcoin even more valuable as it gets more regulated.

Of course, that's where it rubs me the wrong way. Though I am open about my bitcoin spending and have nothing to hide, if you look at history there are several examples where being able to hide wealth and what you do with it from the government. I use the example of...what if the jews had bitcoin under Hitler's reign. They could have used OpenBazaar to order weapons, radios, their families that escaped could have sent them funds from overseas, etc. To blindly trust that governments having full knowledge of your finances should be ok over the next 100 years requires ignoring the past 100 years. Of course, the technology of Bitcoin is moving toward full privacy of transactions so that's a good thing. Get all of the money into Bitcoin then make it a privacy coin. Too late for the tyrants to put the genie back in the bottle at that point.