But honestly, how many in crypto really care?
I fail to see why people "caring" makes any difference to the reality of the situation.
Either decentralization is valuable and necessary, or it isn't.
You already understand full well why Extranets and Enterprise Blockchain are not a thing.
Big Tech making a splash doesn't suddenly make Extranets a viable business model.
It very well may be the narrative of the next shitcoin casino, but those things come and go every 4 years.
To the average person, them being a true blockchain matters none. They will be centrally controlled and incorporated into their existing business model. It actually will be a move that shifts the present system from the banks to big tech.
Different masters, same outcome.
Yes exactly now do extranets.
Now do memecoins.
What the people WANT is a token that's going to x1000 overnight.
What the rabble cares about is irrelevant.
Big Tech building another Enterprise Blockchain will end exactly how it did last time.
Nowhere.