Sorry if I seemed hostile, but I couldn't find any better word than nonsense to describe what I presume you meant to invoke by "Technological Singularity". It's

Sorry if I seemed hostile, but I couldn't find any better word than nonsense to describe what I presume you meant to invoke by "Technological Singularity". It's about as realistic and scientific as religious extremists telling us to repent and prepare for the Rapture. Ah, but this unwillingness to consider "why couldn't we do this without crypto", leading to rejection of study of centuries of useful economic and monetary theory development, is precisely what predicates the failure of cryptocurrencies to achieve potentially valuable outcomes. That's precisely why I bring it up. If a thing is a) valuable/useful and b) possible without cryptocurrencies, why has it not been done before? The fact that it has not, suggests that either a) or b) is false.