What strikes me about this is actually tangential to the specific issue the article addresses. New technologies push the bounds of opportunity and risk. Folks

What strikes me about this is actually tangential to the specific issue the article addresses. New technologies push the bounds of opportunity and risk. Folks trying to take advantage of the upside will exploit anything to achieve their goals. In the process, natural systems will emerge to combat them and close the exploits. This amoral process actually leads to emergent, unanticipated outcomes. You actually NEED the chaos upfront for society to eventually discover a stable equilibrium. All the negative externalities from BitCoin / blockchain are really just a naturally occurring shake out of kinks. Much like the wild experiments and exploits of the 90s eventually led to the equilibrium we have for the current Web.