People have an abstract distaste for "trusted intermediaries" because they think the intermediary just sits in between you and somebody else while collecting fees for adding no value. In many cases the fees absolutely need to be reduced through market competition.

However the root of this thinking is wrong. Intermediaries do add value. Humans are inherently un-trustworthy animals, and you pay your fees to buy the valuable peace of mind the intermediary provides.

So we know trust costs money. The question is whether the cost of decentralized cryptographic trust will ever be lower than centralized trust. The Rube Goldberg machine that is bitcoin has proved the answer at least for the foreseeable future (the next few decades) is...no.