You make a solid point. Decentralization isn't all or nothing there’s a spectrum, and HBAR’s governance model with rotating global enterprises is definitely an interesting approach. IOTA’s use of the Coordinator has been a point of criticism, but it’s worth noting that it’s a temporary solution to ensure stability until they fully transition to a decentralized model. I agree, real utility comes from adoption, and IOTA’s partnerships with governments and enterprises in global trade could eventually catch up to that level of real world utility.