I can cite many examples of how cryptocurrency reveals the pervasive harm done by the centralization of finance (financial regulations).
In any case, unless you ban public access to strong encryption, people will use cryptocurrency with increasing frequency. A set of permissionless tools offers the potential for lower friction in finance and payments than tools permissioned by a centralized entity.
The question cryptocurrency forces you to answer is: how far are you willing to take centralization? You can no longer leave free speech and encryption communication alone, while centralizing finance under regulatory authorities.
In any case, unless you ban public access to strong encryption, people will use cryptocurrency with increasing frequency. A set of permissionless tools offers the potential for lower friction in finance and payments than tools permissioned by a centralized entity.
The question cryptocurrency forces you to answer is: how far are you willing to take centralization? You can no longer leave free speech and encryption communication alone, while centralizing finance under regulatory authorities.