Similarly, there’s a lot of mythology about content not being censorable which falls apart as soon as you think about it. People still have to follow the law in their country: if you upload a Disney movie to IPFS, their lawyers will send takedowns to everyone hosting it. Just as with other P2P services, anyone using it will be deterred by the risk of your ISPs cutting your service if you don’t comply with legal requirements but unlike its more efficient and private alternatives these services are both public (making it easier to track users) and the blockchain services handily provide a signed statement for prosecutors, which seems unlikely to be a popular feature for anyone who actually needs it.
That’s the key difference between the early internet and “web3”: those early efforts were building things people outside of that community clearly wanted but the latter is what happened when people spent a decade pumping money into cryptocurrencies in the hopes of one day becoming rich and are now desperately searching around for reasons why everyone else should pay a premium for their random numbers. It never goes well when the conversation starts with what you’d like to sell someone rather than what they need.