However much these various blogs and such are right, which they seem to be, the continuing, constant, vitriol that at this point can only be for the chorus already singing it, starts to look like something in itself, something beyond just trying to "warn" people.
I can't help but feel it is, at least in part, coming from (perhaps unconscious) shame. We are at the sunset of a Californian Ideology where VC could save the world, Twitter could facilitate democracy, YouTube could democratize entertainment, culture. We are in a situation where any possible tech-minded business models can only promise to become so monolothic that they become de facto libertarian states, or be so fractured and specific that they inevitably prey on specific mental ticks of their users, or otherwise contrive value through subscriptions.
Everything has led to this, whether you all can accept that or not, whether you should feel "responsible" or not (you shouldn't). This almost comically absurd force of computers and money and energy now comes forward, with an army of infrastructure and knowledge and VC funding ready to greet it. You can see all our sins wrapped up into it, along with some newer things as well.
I think people are so angry because they see that, they see a likeness, even if distorted, in the macro structures of crypto, and in that they feel shame. It's as if there was quick a shortcut taken to the worst possible evolution of everything everyone was already working on in this space, big or small. And there is shame in realizing that this is what we were working towards, a secretly terrible teleology realized.
And so, to attempt to atone, you write a blog post about how evil it all is, as if it was something that literally came ex nihilo to threaten all our good work from before, denying that, in fact, it is merely a secret, forbidden wish granted. The logical culmination of this wild ride of capitalism and technology we have been riding. We are all guilty.