Agreed.

But neither is blanket cynicism.

I've been in this shit long enough to remember everyone fearing the government would come after us because we were bitcoiners.

To have people from the most powerful government on the planet endorse it now is something radically different from those days.

At least we don't have to worry about that anymore.

Now, why they endorse it, that is a whole different question, but give it time.. it will become obvious (hint: transparency = surveillance, ask yourself if they would, if they couldn't trace it).