After the November 2020 release of the M1 Macs, Docker and many developer tools were still not available and you would have to wait 6 - 8 months for Docker to be fully supported and out of beta for M1 Macs.

Not quite ideal to wait for your tools to be available on your machine for more months in order to do any work on it.

The smartest thing anyone would have done to save themselves from disappointment and frustration as a developer is by simply using your existing Intel Macs and 'waiting' for the software ecosystem to catch up with the Apple Silicon Macs.