Exactly! And, in addition to that complexity, there are scalability issues that are easier to solve with some amount of centralization. Would you rather build on a platform where you're paying a well known company or a platform comprised of a bunch of anonymous nodes trying to minimize operating costs?

That Filecoin thing is a great example. Yeah, I want to store my mission critical data on a bunch of EoL, consumer grade hard disks that someone is using to participate in the blockchain. /s

And no regulation isn't the utopia the crypto enthusiasts are selling. Don't completely unregulated systems typically end up dominated by the richest, most ruthless, least ethical participants?