Tokenized securities would eliminate global financial fraud

I don't think they would actually.

embarassingly naive. The only thing Blockchain technology is good at is fleecing people who still havn't realized its a failed technology with no future beyond money laundering and scamming rubes

But web3 has the chance the revolutionize the world

Had me going until you let the mask drop and started talking like HackerNews.

and everything about the distribution of wealth.

Under a capitalistic system, it's going to make it worse and it already has. Same deal with Bitcoin and other cryptocurrencies. Same promises of making things for fair and just and all the poors around the world having little paper wallets and being their own banks until rich assholes bought majority stakes there too.