I don't know about "repulsive", but currently it seems like blockchain burns a lot of electricity (=> CO2 emissions) for very little purpose. For that reason I currently stay away.
Perhaps at some point someone will design a distributed blockchain system that (a) isn't a total power hog and (b) provides some sort of human curation that I can do so that I'm not hosting someone else's NSFL picture collection.
Until then I'll just watch from the bleachers.