You are not far from the truth. But with different countries clamouring to control some part of the crypto market, the new decentralisation might be between nation states. One country would not control the market if more different countries invest.
That's right, and that's a good thing - even though, of course, bigger countries would have much more space to work with, so the advantage would be there, but such countries are more fearful of crypto as in what we discuss - investing into it and see what sticks.