I always felt like the possibility to operate in a hostile regulatory space is a bit of a strawman for one, blockchains still use the "regular" internet infras

I always felt like the possibility to operate in a hostile regulatory space is a bit of a strawman for one, blockchains still use the "regular" internet infrastructure at the bottom. If said nefarious government wants to shut down the usage of a web3 service they don't care about the "decentralised" nature, they just cut it on infrastructure level. as for the legal entity, this is a boon as much as it is a threat to running a service. The dominant stakeholders or miners in your network hold executive power here, the main difference is that you'll have no legal resort if things go south. in short, i might give you a _possibility_ to evade bad actors outside your system. But it cuts away any regulatory recourse you'd had against bad actors _within_ your system.