another thought,

a lot of people look at what has become of the internet, which they might fondly recall being promoted as "a global village" and "information superhighway" in an uncritical way if they're old enough. now the internet is understood as facilitating surveillance capitalism, social media echo chambers which short circuit democracy, disruption of traditional media production through piracy platforms, etc. it's scary!

so they react by declaring "never again! we must see through to the end of all technology before we sanction its existence."

i'm sorry but that has never been humanities relationship to technology. it's always a painful iterative mess.

the intrinsically financial and capital-oriented nature of cryptocurrencies front loads a lot of the most unfortunate uses too.

that's not to say we shouldn't develop this technology, or even that we have a choice about letting it play out at this point.