[whimsicalism]

> My ability to address screwups or fraud on an individual level with banks is significantly higher than anything I'd have with crypto.

Yes, nobody ever suggested that irreversible transactions would make it easier to address fraud. You don't have a central entity to appeal to.

> All your statement does is agree with my sentiment that crypto like ethereum is controlled by a very small number of very large players in the field.

No, it does not agree with that. But the value of ethereum is determined by willingness to pay. There are not a "very small number" of actors with willingness to pay for ethereum.

Crypto is explicitly anti-democratic in that you cannot democratically (ie. by vote) decide to take away someone's asset.