https://www.youtube.com/watch?v=R706isyDrqI
(Note the guy talking in the screen is a blockhead as I see it.)
It also feels to me like most implementations of anything decentralized just end up creating a different de-facto central authority as part of the process.
The most successful current decentralized systems are probably BitTorrent and Mastodon. BitTorrent arose due to heavy handed copyright enforcement and Mastodon got popular in response to the Musk takeover of Twitter. In both cases these are examples of problems decentralization solves.
If the political situation continues to deteriorate I could see decentralization becoming more popular.
This is the problem with the whole crypto ecosystem. There are so many scams and dubious get rich quick schemes that the entire ecosystem develops a reputation for being a scam. Crypto is a bad neighborhood, and nobody wants to live in a bad neighborhood.
This drives away all the people who would otherwise make it a better neighborhood. It’s a death spiral.
At this point everything web3 is associated in most peoples minds with stupid things like bored apes, scams, and fools who lost their life’s savings on such things.