The Internet and the World Wide Web represent what happens when you build a system that structurally subverts the mechanisms of constraint that allow a government to regulate the behavior of community members.
Typically, this has been seen as a good thing because it was initially done by benevolent tinkerers and lots of people benefited from the connections in cyberspace that off-set the loss of connection in physical space as American civic life crumbled in the 1990s, but in retrospect, we have government for a reason, and when the malevolent marauders took over the commanding heights of the WWW there were no fulcrums to place the levers of control needed to push them off.
The marauders then took the lessons of their victory and built blockchains and Web3 to structurally subvert the mechanisms of constraint that allow governments to regulate behavior in the financial system so they could achieve their dream of effortless extraction and collection of all wealth. In other words, they became dragons.
Dragons don’t need technology, thus it would behoove us to stop building dragon-enabling tools and infrastructure as the best defense against dragons is to not breed dragons and the second best defense against dragons is to not breed dragons.
Once you have dragons, the only defense against them (short of murdering dragons) is to increase the friction of wealth collection in hope that they will become enraptured by their hoard and leave you alone, for there are no benevolent dragons.