I think the value proposition of cryptocurrency is decentralization, that is, the fact that it is owned or governed by no single party. Censorship resistance is a byproduct of that. There are many things in the world owned by nobody but none of them have ever been complex artifacts like blockchains before Bitcoin came into existence.
Hierarchies of power existed since the dawn of complex life. They've been an integral part of civilization, too. Thanks to cryptography and an increasing share of every possible type of resource (including violence) being being governed by computer networks, there is a theoretical possibility of doing away with hierarchies of power altogether. That would be something utterly radical.