Respectfully, disagree.

Bitcoin's breakthrough was that you don't have to trust *a central bank*. Bitcoins breakthrough is trustless scarcity.

Hyper-bitcoinization does not imply trust is removed from every layer of our markets (financial or otherwise). Markets necessarily require financialization, and financialization requires varying levels of consensual trust. That consensual trust is GOOD and beneficial as long as the foundation is a sound money.

It does not mean trust further up the stack will never be broken, of course it will. But when that trust is built/broken on top of a sound money, the system can heal properly.

Various market interactions will always trend towards centralization and trusted models, because they are inherently more efficient along the happy path. That's a good thing (once coercion is removed!).