Did you read the Marlinspike post? I think he's pretty clear on the issues.
But in brief my point is that as with internet itself, a protocol that allows for decentralization is not sufficient for something to be truly decentralized. Despite the vast amounts of hype about the decentralization of cryptocurrency and "web3", in practice we are seeing that it's tending toward centralization. Which personally I don't care about except the extent to which I still have to listen to the hype that has less and less connection to the practical reality.
But in brief my point is that as with internet itself, a protocol that allows for decentralization is not sufficient for something to be truly decentralized. Despite the vast amounts of hype about the decentralization of cryptocurrency and "web3", in practice we are seeing that it's tending toward centralization. Which personally I don't care about except the extent to which I still have to listen to the hype that has less and less connection to the practical reality.