The only purpose of a gun - a handgun in particular - is to wound and kill people, something civilians have no business doing. That's not the case with encryption.
the ultima ratio is to actually use the gun. for 99% of threats, showing it off is good enough.
Are you a pacifist, incidentally? Can you really think of no valid reason why a citizen might need to wound or kill someone?
Yes, if you're hunting, it's a tool.
sure it isn't.