20 minutes well spent reading your essay, @dan.
I see traces of Equilibrium (one of my favorite movies) and Plato.

In an ideal world, just like Plato's Republic, we'd be able to have a perfect society. I believe he called it oikeopragia - a society that functions based on justice and where minor salvation is the focus (salvation of the community as a whole, not as a personal affair).

We all know by now that is unlikely to happen, unfortunately.
I recently talked about how our values have basically disappeared in modern society. And humanity as we know it was built on values. If you lose them, you lose the ability to fix the big cracks in our foundation.

Perhaps with the use of blockchain (as a principle), we can win them back.

I've already witness how some of the strong cryptocurrencies (Bitcoin especially) helped people in buying a house. Or getting rid of student loans.
Those are good examples of how BC as a whole fought back against a screwed system that indebts a kid by giving him a false access to knowledge. Or how just simply owning a place to call home has become such a desideratum for the young generation.
Knowledge and a roof above your head become increasingly inaccessible. And cryptocurrency managed to offer a solution to those who were consistent and patient in their crypto investments.

But not everyone is equal. I admit the contrast is too big nowadays, but please remember that linear equality lead to theories that communism was founded upon.

I think it's important to give people a choice. Let it be their choice of public or private. Then it is their responsibility to protect and guard their assets.

I've stumbled upon many misinformed people in this industry. I can't imagine how the future of governance can be on a transparent blockchain, when our very own community (of early adopters & pioneers) is so segregated (because I feel there's no homogeneity in the crypto community yet, nor do I believe that time will come anytime soon with all the hype in the media and waves of misinformed people adhering to the "wave").

I do believe it's up to every person who possess a deeper understanding to:
a) practice "hansei" - the principle of acknowledging one's mistake and pledging for improvement.
b) preach and teach others (share the knowledge).

This I can believe it's achievable enough to educate the misinformed and to potentially spot and prepare the next gen leaders. Who, being part of both "worlds", can choose which is best for them.

Even from a psychological point of view, the human mind plays into cognitive dissonance. When we choose one thing, but desire the other (in its simplest form, that's how you'd transcribe it).
So if you have a completely functional form of governance on a completely transparent blockchain, there will still always be a "what if privacy was better" kind of thought in people's minds.

Going to extremes is a dangerous game. The end goal is to find a balance, close the gap between the rich and the poor, give more people access to knowledge and education independent of their locations or backgrounds.
And create a system that really encourages the people who are smart and have values to grow, so that they become tomorrow's leaders.
So far, there hasn't been a system that does that.

Hope I'm not too off topic here.