That’s like saying democracy allows voters in the US to elect anyone. Sure, on paper, but here in the real world that’s just not happening. With a few minor tweaks like ranked choice, it could, but the powers that be will never get onboard.

Similarly bitcoin is decentralized in that “anyone can fork it” but reality is without backing from major players, that will never gain any traction at all.

So no, functionally it is nothing approaching decentralized.