Earlier quoted context omitted.
Now you know why there are still some people that still take "web3" seriously. It's the only system where you are not at the mercy of some external entity to be always benevolent. Seriously, ENS and Handshake alone should be enough of a reason to silence all of those who keep repeating "but blockchain has no real world applications".
> It's the only system where you are not at the mercy of some external entity to be always benevolent. Until the owners of the network run away after extracting all the value they can, or they decide to fork it because it’s in their best interest, or they end it because it’s not as profitable as they wanted, or your exchange decides to halt trading so they don’t lose money, or, or, or.
There is no centralized "owner". You can become part of the network just like anyone else. No single party can do anything you describe.
You also seem to being centralized exchanges to the discussion - they have no relevance here. Trading can be done in a decentralized fashion as well.