[MCL-19830] The launcher crashes when you try to open it (on macOS 12)

Workaround

According to Yoshimasa Niwa in this comment and this comment, there are two possible workarounds. However, these workarounds only work if Minecraft was installed and launched at least once prior to updating to macOS Monterey (i.e. the ~/Library/Application Support/minecraft folder must already exist).
Option #1

Disconnect from the internet (to prevent the launcher from trying to automatically update).
Open the launcher.
Reconnect to the internet.
Login again.
Launch and play Minecraft.

Option #2
Open the Terminal app and run the following command:

open -a /Applications/Minecraft.app --args --skipUpdate

The bug

Multiple users have reported that trying to open the launcher while using macOS Monterey shows a pop-up about the launcher updating and then crashes.

Crash report

A crash report from ~~MC-240756~~ (which is a duplicate of this report) is provided here. Additionally, a brief code analysis and a backtrace of the crashed thread is provided in this comment by Yoshimasa Niwa.

Original description

When launching the Minecraft Lanucher from Applications a notification crosses the screen berifly saying 'updating launcher and then completely stops. I have tried deleting all Minecraft files, and downloading new, and got nothing. I downloaded macOS Monterey nothing. It does not appear to be compatible. I also tried to launch via terminal and have attached a picture of what shows up.

This is no longer is beta, and needs fixing please.