Part 5/17:
Cyprian posits that our current financial systems are trust-based, built on reputation, and vulnerable to revocation or censorship, especially in the digital age—exposing individuals to the risk of exclusion from economic activity. In contrast, Bitcoin’s reliance on cryptographic proof and consensus is an expression of faith in the laws of nature and mathematics, which are immutable.
He vividly illustrates this with analogies: digital assets are often falsely claimed to be "scarce"—but digital information can be copied infinitely. Bitcoin’s perceived scarcity is, in his view, a constructed perception rooted in market psychology and the coded incentive structures designed from the outset by Satoshi.