Well said, I agree with that, although I do think there is a difference between trusting a central authority to maintain an opaque system vs merely being a regulatory figure maintaining a transparent system. If that’s even possible :)

We are currently still trusting places like Coinbase as much as we would need to already, to implement this sort of system. Why? Because you’re right - it’s a current UX problem of payments, not something crypto inherently solves.