that’s absolutely the main thing yup… in almost every circumstance where people implement blockchain, a trusted entity is involved so there’s no point to the blockchain
almost always there’s a single entity issuing a thing, and then that same entity also consuming that thing
we are absolutely right now in the trough of disillusionment with blockchain (well, among people who actually understand anything at all - as usual let’s not count trump and his base as rational actors), and at some point there will be useful solutions remain
(and side note too, we’re in the peak of inflated expectations with AI… i can not wait for that crash and to be left only with useful things)
again, that’s a choice you made… you can make your own clothes out of linen and the tools to do it are more available to you because they’re not hand crafted, but you choose not to because you want to save time
heck, you can buy a shirt that’s 5x the price that will last but you choose the cheap shirt so you can have 5 of them
this is the same argument that we don’t build the coliseum any more and therefor we’re not as good at making concrete as ancient romans… modern society is built on engineering, and engineering doesn’t build things that lasts 2000 years that’s true, but that’s not what engineering is for
engineering isn’t about building bridges that don’t fall down: engineering is about building bridges that barely stand up so you can have more of them
the same goes with clothes… modern clothes aren’t made to last your entire life because they’d cost 5x more… people don’t actually want a shirt from their 20s when they’re 70 - people don’t even really want a shirt from their 20s when they’re 30! they want 5 shirts in their 20s and 5 more in their 30s, and they want to be unique and personal and they want to spend no time to acquire them