there is this thing called human greed. most of the successful crypto companies (such as FTX or Binance) always have centralized executives on the top, and they have much more influence than everybody else and can destroy the entire industry with some rogue decisions if they want to.
Even the likes of Ethereum can be described as “centralized influence” because if Vitalik leaves and say “fk crypto” i can assure you everybody will suddenly dump ETH. and even the validator nodes are not that decentralized, they are mostly managed in AWS centralized datacenters.
This bear market has shown that once-promising altcoin projects are always centralized. just look at Terra or Harmony One, the leaders can just decide whatever they want, and your useless governance token still wont be able to vote against what they want.
So, who is in crypto for the tech again?