The thing is that we don't want decentralisation when it comes to money.

Money used to be completely decentralised in the past, there is a reason why we moved away from it.

We are now re-encountering the same issues with cryto as we had in past with real money.

For example our current system allows us to undo human mistakes, like accidentally sending money to the wrong address. With crypto, that just isn't possible.

It is the same reason why so many crypto exchanges popped up, they are essentially the banks of crypto, who have control over the different transactions of their users.

But because it is less regulated, tons of those exchanges are basically scams.

To know how scummy they are, visit: web3isgoinggreat.com

Lemmy being decentralized is a solution to a problem that exists: media companies start nice and then fuck their users when they have enough of them. Decentralization means that acquiring that much power to rug pull is way harder.

Bitcoin has been forever a solution without a problem. The concept of Bitcoin doesn't make sense, the execution of it even less. So the only use it has is taking advantage of techbros' hopium that one day an actual problem will be solved by Bitcoin.

monero is a better option in this case

Bitcoin doesn't even do the job of decentralization very well either. The blockchain is controlled by the wealthy miners with warehouses full of asic miners. Monero is a better cryptocurrency for that reason.