In the financial world, centralized decisions followed by decentralized responsibility is extremely common. If you are international and operate between 3-5 countries that don't necessarily like each other at all times a great tool, something about some kind of coin, that lets you actually control a store of value, and get around what banks as well as governments think, came out in early 2009.

Cefi is great. It's fast, it's secure, you are protected from loss up to a certain degree, it's often cheaper than blockchain transaction fees, etc. But it's just a tool with tradeoffs, much like Defi.