Do you trust anyone this much?

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This isn't about blind trust, it's about performance pay. If the system is truly verifiable (i.e., the '55 verified notes' are audited by a neutral party), then the worker is paid for output, not just time. The trust is in the system's integrity, not the employer's benevolence.

I think he's talking about the dude on the video holding the peg while his mate hits it with a sledgehammer.

I don’t think I could trust someone to do that and not completely demolish my hand or arm… not worth it

a pair of tongs might be an idea.