I have to agree with you and I think it is well written. I like the word mining as it applies to cryptocurrencies. Here on Steemit you mine by making posts. On Facebook the shareholders mine by data mining your information and selling your privacy.
On the blockchain there is transparency. The problem with transparency is that there is too much data and average people either can't understand the flood of data or they are busy doing more important things with their lives rather than trying to study the system and the massive amount of data that it now creates.
There is so much news available that it makes it harder for people to figure what news is real and what is fake. In a transparent world, there is so much data out there that it becomes time-consuming to figure out what is relavent data and what is just noise.