While it’s perhaps true that many promises of cryptocurrency have yet to come to fruition, it is also true that programmable money has the potential to reduce the need for the use of coercive force and violence by the state, as well as reducing socioeconomic violence in general. Now is the tool being used to these ends? Yes, by small projects compared to Bitcoin, but yes. Crypto can create stable stores of value and currencies ( these are already in common use) and can add features like automatic taxation, demurrage, and ubi for users.

Just because few people are using a tool correctly yet does not mean the tool is without value.