It’s a fair point, they to bring it back to basics a Bitcoin maximalist still has a point: do you want the money in your centralized, easy to use bank under co

It’s a fair point, they to bring it back to basics a Bitcoin maximalist still has a point: do you want the money in your centralized, easy to use bank under control of a private bank down the line, or in control of a predictable and permanent protocol? The truth about web3 is that much of it will remain centralized or peer to peer, but the fallback to certainty is the ultimate value; avoiding the long term moral hazard you mentioned the market often ignores, or at least deterring it. There will always be people who prefer control over convenience and distributed ledger technology hopes to raise that ceiling of user control over what they own significantly.