I haven't listened / read his actual comments in their full context, but I wonder how much of this interpretation is in good faith. If the real thing he wants to say is: trust in people and institutions is vitally important for human flourishing, and it would be sad to write it off then I agree 100%. There is no technological solution that obivates the need for trust and the fruits of it, and any world in which people don't find ways to scaffold trust in each other at scale will be a hellscape.

I view btc as in service of that effort. The quoted excerpt seems to indicate that he does not, so that would be a point of departure. But hard to say without investing more time.