Speed isn't a black-and-white panacea property, cost of brute-forcing (ram, cpu, time and money) and other attacks should also be prioritized for a given use-ca

Speed isn't a black-and-white panacea property, cost of brute-forcing (ram, cpu, time and money) and other attacks should also be prioritized for a given use-case (ie argon2, scrypt). Fixating on a single, fast algorithm and making it a near universal monoculture makes it easier for well-funded state and corporate entities to reduce their costs to generate a hash collison or do something else nasty because they only have to invest in one kind of possibly cheaper/simpler ASIC building-block. Having several different, but throughly sensible algorithms who's strengths, weaknesses and limitations are well known is a better approach than saying "everyone use X" a-la NESSIE. Users with Paradox of Choice going on can pick the lunch special, AES.