Could Jevons Paradox take digital credentials in the wrong direction?

I’ve been thinking of expanding on my thoughts laid out in this issue[1]
about the potential harmful impact our work may lead to on the web. I know
traditionally the answer to this has been governance frameworks, but I’m
concerned that some governments and later the market due to Jevons
Paradox[2] are actually taking this technology in the wrong direction which
could lead to harmful effects. Particularly as more and more credentials
become available. Is this a view that concerns others within this community
and is there something we believe that should be done here or do others
think this work is justified and a net gain overall? I’d love to get more
people weighing in on that issue given this community’s involvement in the
credentials space. Where do you all land in this topic?

[1]: https://github.com/WICG/mobile-document-request-api/issues/6
[2]: https://en.wikipedia.org/wiki/Jevons_paradox