Raoul Pai – i don’t get it

I listened to this guy on Bartlett's pod.

He sounds super convincing when he talks but the more I think about it, the more it doesn't make sense.

A) if I as a mini-NW investor do what he says, I will get wiped out during volatility periods.

B) i would need perfect security awareness or else my coin is toast.

C) the dollar is tied to the US government- safest thing in the world (even after liberation day). Companies generate value and that's benchmarking by the s&p 500. How is 11% YoY insufficient to build wealth?

D) what says governments won't go and wipe out crypto?

E) He keeps mentioning the byzantine general's problem….ok so what? It's not like the veracity of money isn't closely guarded. Your bank accounts are audited daily to make sure everything ties. Why is solving this CS problem somehow revolutionary?

G) I'm a software engineer. We fuck up all the time. What's to say ETH won't have vulnerabilities? If my money in FDIC gets somehow hacked it doesn't matter. It's guaranteed.

H) straight up lies around docusign. It's still centrally managed. Not decentralized like blockchain as he claims.

Overall he seems more on the grifter side pointing you toward the goldmine while holding a shovel for sale in the other hand.

Thoughts?

Complete crypto-sceptic here. Just after his talk I was intrigued for the first time to research more and consider adoption. Just want to make it make sense.