Web3 keeps falling short of real decentralization

While a lot has changed in the decade since Satoshi Nakamoto invented bitcoin — including the rise of centralized financial services for trading, lending, borrowing — decentralization remains a core value for crypto.

Yet, time and time again, Web3 is falling short of true decentralization. 

Web3 should reflect the diversity of the global population, including the full spectrum of geographic regions and technical expertise. If the industry doesn’t start taking this into account, full decentralization — and geographic diversity — will remain out of reach forever.

It’s no secret that a major focus of Web3 is to onboard new users with the ultimate goal of worldwide…

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