There are loads of different tracker sites. Many private. If one goes bad, others pop up to replace it. This is decentralised - there is not one player that strangles the ecosystem.
Not to mention the mainline DHT. Not impossible or even very resource hungry to run a scraper/crawler/listener and be able to search via it, like bitmagnet (https://bitmagnet.io/) that has some fun pipe-dreams like federation of indexers and something like an decentralized private tracker.
It's important to note that this isn't "you have to be big in order to be able to filter spam". That's not true at all; decentralized anti-spam lists have been a thing for decades and the big sites don't have any significant advantage in filtering spam.
It's allegedly that big sites will mark small sites as spam even when they're not, which makes it hard to run a small mail server. And there is some of that -- they also have a perverse incentive to do it on purpose because it kills their smaller competitors.
But it's also somewhat overstated. If you have a reverse DNS entry pointing back at your mail server and have properly configured DKIM, it's not inherently the case that you're always going to be marked as spam. And it's not inherently the case that you won't just because you use one of the big services -- they have the same incentive to do that to each other, after all.
Sure, a lot of people pick one center and stare at it. But there are plenty of centers and that situation is getting better recently. Some even integrate git with ATProto or ActivityPub.
Ofc, your bitcoin would still be "safe" and still be "yours" on the chain assuming you owned your wallets directly, but those guarantees would now lack meaning or real world consequences. At least until another link to the real world could be established.
You saying the average admin is gonna have no issue setting up their MX records but “won’t even know” what a reverse DNS entry is?
> so you can find someone in another country to convert you out through another currency
This is not so easy for large amounts -- the whole reason to use a Coinbase is institutional trust -- and is certainly inconvenient. In practical terms, across the ecosystem of users, it would not be some small roadbump but a massive problem.