The author touches on that: "Some societies are more collectivist or individualistic than others, and then within those societies, various members range across

The author touches on that: "Some societies are more collectivist or individualistic than others, and then within those societies, various members range across a spectrum of how much they trust the system. I think a big portion of one’s perception on this topic of gold or bitcoin is shaped by life experiences or disposition. Growing up in a smooth environment where things just “work”, with no major currency failures or oppressive regimes, leads one to trust institutions more. They are fine with the concept of centralization, and giving up certain rights in exchange for certain conveniences."