Yall are incorrect that there is significantly more trust than you already put in bitcoin.
Range proofs have been around for a looong time and are well understood.
I’m trying to keep an open mind but this is basically how it sounds to me. Relies on a lot of trust.
Discussion
How do you know the Monero network rejects malicious nodes like you know with the Bitcoin network?
For me as a Monero user, the answer is "blind hope."