Another thing I should learn is: Can a token be decentralized in any way? The developers of those tokens have all control over their tokens, and it's fully centralized. So, I assume every token is centralized, and developers can control users' money by increasing the supply. Isn't it like that?
I guess there is a small window where a token can be decentralized, if it is built on a decentralized blockchain/platform and the founder designs it in such a way to not have any central authority or control center, even from they the founder, then it is possible to have a decentralized token, but so far all of the tokens in the market are all centralized. They claim to be decentralized and ground breaking in their whitepaper but turn out to be none of these things.
We barely have decentralized coins in the market today.
I am not sure about it, and that's why I wanted to learn more about it. You talked about decentralized blockchain., I guess only the decentralized blockchain does not help. We saw the brc-20 tokens craze a few weeks ago, which was developed on the Bitcoin network. The Bitcoin network is decentralized, yet the token developers did not use it to make their tokens decentralized.
I guess it exclusively depends on the developer's will. If they want to make it decentralized somehow, it must be open source so other developers can verify it. But whoever claims their token is decentralized they don't publish the source code because those are centralized.