ETH is not competing against your 100x memecoin.

ETH is competing against gold, t-bills, and bitcoin.

I don't even see it competing against bitcoin.  One's a shark; one's a lion.  They do different things

Now to come up with the narrative about what it IS competing against.

closed source cloud servers?

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

creator of le /bleu @elefant. 
co-creator of /farcards

destroyer of things.

yep.

AWS can shut off your access
AWS can access your data
AWS can remove your account
AWS can disclose your info to 3rd parties