I'm unsure if the issue is with Stephenson or the writer of this piece (I'd guess the latter), but in Jack and the Beanstalk the magic beans are actually magic

I'm unsure if the issue is with Stephenson or the writer of this piece (I'd guess the latter), but in Jack and the Beanstalk the magic beans are actually magic and lead to wealth. That analogy seems like one that would be used by a proponent of crypto, not an opponent.