>Why reducing decentralisation could reduce risks in DeFi and Web3, and widen their appeal beyond early adopters. Reduce enough of the decentralization, and you'll get more users. True. But you'll start to look more like Meta, Apple than Bitcoin.

For blockchains, choose 2 out of 3: decentralization, performance, security. Visa chose performance and security. Bitcoin and ETH1 chose decentralization and security. ETH2 chose performance and security.

I've always said this. If Bitcoin wants to perform as many transactions/second as Visa one day, it'll turn itself into an Oracle database.