Reaction to crypto is also informed by the knowledge that currency and trust are largely people problems, not technology problems: our societies have developed

Reaction to crypto is also informed by the knowledge that currency and trust are largely people problems, not technology problems: our societies have developed and refined institutions of trust, legal systems, banking systems, etc. over centuries. Those institutions work pretty well in general, and they work the way they do for good reasons. Utopian claims about crypto are a hard sell to people who understand that technology is not a magic bullet.