It may be wrong but I hold the view that decentralization is roughly proportional to MoE usage. Running a node mostly matters when it comes time to accept someone sending me bitcoin so I can make sure that when I need to spend it I can send the best Keynesian beauty. If I’m not accepting or spending bitcoin, I’m producing no signal about my preferred consensus. So I run a node and try use bitcoin noncustodially wherever I can, hoping I’m adding my little part to contention over consensus so that when Bitcoin’s most valuable properties are threatened, I’m ready to “fight.”

So I think Booth’s reasoning goes: if we aren’t using bitcoin as MoE, it likely isn’t very decentralized, censorship resistant, and inflation resistant, so it won’t store value very well.