As other commenters have said, this article largely appears naive on how contracts work. Looking past that, the main thrust of the argument is that if "the market" wants things like chargebacks and censorship, then there will exist large blockchain "startups" that fulfill that need. They also make the argument that such a progression is likely inevitable.
What they fail to understand is that is not important. What is important is that blockchain enables people to vote through their choices. If they prefer decentralization, they can have that. If they prefer centralized features, they can have that. Until blockchain, it wasn't even possible to have the choice of decentralization because it simply technologically didn't exist. Crypto-hopefulls believe this choice will better society. Maybe it will, maybe it won't. But even a subset of society can benefit from having more choices. Just because your candidate loses doesn't invalidate the benefits of having a democracy.
What they fail to understand is that is not important. What is important is that blockchain enables people to vote through their choices. If they prefer decentralization, they can have that. If they prefer centralized features, they can have that. Until blockchain, it wasn't even possible to have the choice of decentralization because it simply technologically didn't exist. Crypto-hopefulls believe this choice will better society. Maybe it will, maybe it won't. But even a subset of society can benefit from having more choices. Just because your candidate loses doesn't invalidate the benefits of having a democracy.