To be fair, many of those counterarguments would be seen as valid if we were discussing, say, private messengers instead of cryptocurrency: * It's not Signal M

To be fair, many of those counterarguments would be seen as valid if we were discussing, say, private messengers instead of cryptocurrency: * It's not Signal Messenger's fault that it's used for shady stuff. * There are so many warnings against unbreakable strong encryption, it's getting boring. * Many people are biased against strong encryption In the end, like private messaging, cryptocurrency is just a tool that can be used for good or evil. I don't think that the general concept needs to be "defended as not being shady" any more than any other technology that enables scams, e.g. phones, youtube[1], the internet. [1] https://www.theverge.com/2020/7/23/21335554/steve-wozniak-youtube-lawsuit-bitcoin-scam-cryptocurrency-apple https://www.theverge.com/2020/7/23/21335554/steve-wozniak-yo...