Moreover, the platform now has no insight about your composition. Exceptions, which are designed to give context in the form of a thread stack trace, simply don't know about the context as it's not composed through the normal composition (in plain terms, stack traces in asynchronous code don't give you the operation's context). Debuggers cannot step through the asynchronous flow because the platform's built in debugging support works only by stepping through threads, and profilers are no longer able to assign IO to operations: a server that's under heavy load may show up as idle thread pools in a profiler because the platform cannot assign an asynchronous operation to some asynchronous pipeline such as CompletableFutures because these are not observable constructs of the Java platform.
Virtual threads give you the same scalability as asynchronous code but in a way that fits with the design of the Java platform. All language constructs work and compose well, debuggers step through code, and profilers can understand what's going on.
That's not to say that some other platform could not be designed around a different construct, but the Java platform -- from language, through libraries and bytecode, and all the way to the VM and its tooling interfaces -- was designed around the idea that sequential composition occurs by sequencing operations on a single thread. And virtual threads are just Java threads.