I don't believe in Web 3's vision of decentralization. Some level of regulation will always be needed to prevent bad actors from exploiting the system and defrauding people. One example that comes to mind is the rampant theft of artwork via NFTs. If this is what the decentralized web looks like, then it's ripe for grift and exploitation. And if blockchain can't prevent these types of crimes, then it's not really the fool-proof system of provenance that people claim it to be because anyone can "own" and sell anything, even if it's not theirs.
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I don't believe in Web 3's vision of decentralization. Some level of regulation will always be needed to prevent bad actors from exploiting the system and defrauding people. One example that comes to mind is the rampant theft of artwork via NFTs. If this is what the decentralized web looks like, then it's ripe for grift and exploitation. And if blockchain can't prevent these types of crimes, then it's not really the fool-proof system of provenance that people claim it to be because anyone can "own" and sell anything, even if it's not theirs.