Well said OP.
Tonight I had dinner with my father, and explained the coin to him. He lit up immediately, and was blown away by the ramifications racing through his mind. "It will revolutionize my whole industry," he said... and I responded, "and every other." As he left for the evening he mentioned he probably won't be able to sleep tonight.
Why is it that some of us see this thing as a true - to use OP's word - transcendence, while others see it as an impossible and laughable scam with no value? It's as if we've stumbled upon the first printing press sitting alone in a meadow, and as we marvel at the possibilities of such an apparatus we're incessantly distracted by other onlookers who, noting that nobody uses such a thing, endeavor to condemn and deride our exuberance.
I think some of us will be looking back quite fondly on the work we're doing right now.