Yes. The only problem with Bitcoin is that it don't give a fuck (actually a feature) so you cannot Karen to the manager to get your money back and if you don't write to the NYT to do the reputation loss thing.

Indeed. I would argue not needing trust is better in both situations. There are always scammers and evil. No matter how trusting a culture actually is. 

kepford

Bitcoin reduces the need for trust with lower cost than the middleman bankers, network chargeback schemes and combined fee structures can realize.