Talk of it being a game, winning the game and a 'representation of the economic ladder' all sounds rather weird to me.

Where he does get it right is enumerating the 2 ways to get BTC - either from someone else (earning or buying it, hopefully not stealing it) or by helping to run & secure the system ('mining').

Never really 'vibed' with Carvalho and I'm not really vibing with him here but might give the whole episode a listen to get a fuller take on this (influential) bitcoiner.