> But if all you want to do is to exchange meaningless data, you don't need a blockchain for that. in this context it does matter. cloudlfare and any other "we

> But if all you want to do is to exchange meaningless data, you don't need a blockchain for that. in this context it does matter. cloudlfare and any other "web 2" (for lack of a better encompassing term) is censorable. they can use any other HTTP API (or host their own although that could be blocked by a VPS eventually). i agree with the rest of what you're saying. the reality is that it's a decentralized world that inherently requires centralized bridging. the KYC push was the turning point for controlling all the on/off ramps. it's still possible to exchange entirely on chain but the recipient would have to acknowledge that if the sender is black listed then their received holdings are subject to the same control. as long as there is "border control" back to tradfi then there will always be a centralized constraint on the concept. in theory we may see a future where people have enough markets for remaining purely on chain but anything related to government fiat (housing, taxes etc) will by definition remain centralized.