His conclusion:
"Is there value in Bitcoin? Let me ask a counter question: Is decentralization valuable? If you think that we'll increasingly lose trust in the central authorities that manage the infrastructure we rely on, you might expect Bitcoins to rise a lot in value. If not, that is you believe that authorities will be able to tackle the challenges of the future better in centralized form, then from your perspective Bitcoins don't add value. We'll see."
How is that conclusion interesting? It's the whole point of Bitcoin. And there are no "challenges" for the authorities in this regard. The current system is working as intended. Inflation and other evils are not forces of nature, as politicians very frequently try to imply in their speeches.
His conclusion: "Is there value in Bitcoin? Let me ask a counter question: Is decentralization valuable? If you think that we'll increasingly lose trust in the central authorities that manage the infrastructure we rely on, you might expect Bitcoins to rise a lot in value. If not, that is you believe that authorities will be able to tackle the challenges of the future better in centralized form, then from your perspective Bitcoins don't add value. We'll see."