X @Balaji

For example, with even 10 BTC you can set up a hub for a small community, much like a centralized exchange.So long as no individual settlement is over $1M USD you can handle most of the community’s business by just doing offchain settlement between parties.Yes, that hub is trusted, but the goal after all is to eventually rebuild high trust societies. And software is complex, so you can minimize trust but not eliminate it. There is some code whose correctness you will need to take on trust. AI can help, but ...