If it was just a backup against failing/weak institutions it would be relavively benign, but the problem is that it incentivises machiavellian types to undermine society and nation states for their own personal profit - see e.g. The Sovereign Individual[0].
Combined with effective accelerationism[1] you can see why we could be heading towards somewhere a whole lot worse than The Bad Place.
> "It has always puzzled me a little bit that shooting is a core mechanic in a majority of video games. Does this serve any purpose?
My personal theory is that violent video games (and films and other media) are encouraged in highly militarised societies to desensitise their populations to violence - if you normalise it so it all seems like a game or other form of entertainment, you get a lot less internal opposition when you go about killing real people in other countries.
The underlying issue is hinted at towards the end: "cryptocurrency, on the other hand, is a relatively recent development ... that may or may not survive". It is not just that it is being confused with something else, but that it is being confused with something else which (in the eyes of most people in tech, excluding cryptobros) has exceedingly negative connotations. It would be like having the same personal name as a mass murderer.
Combined with effective accelerationism[1] you can see why we could be heading towards somewhere a whole lot worse than The Bad Place.
[0] https://en.wikipedia.org/wiki/The_Sovereign_Individual
[1] https://en.wikipedia.org/wiki/Effective_accelerationism