The public key cryptographic algorithm is in the public domain so the question is really just how humanity will grapple with the fact that humans can communicate privately.
I agree it presents a lot of problems, crypto has harmed millions of people, and the people who presented crypto as investments should be held accountable by standard government rules.
Yet, people freak out when things like Tornado Cash get sanctioned. If there is total inviolable privacy, then criminals will act with impunity.
But yes, these are indeed complicated problems. All I really know is that I sleep much better at night knowing I've never aided this movement in any way.
I agree it presents a lot of problems, crypto has harmed millions of people, and the people who presented crypto as investments should be held accountable by standard government rules.