Right. No argument from me, except that isn’t the post I’m replying to, there the poster has said that a key safeguard is having custody of it. And without this magic piece, which as op points out is quite revolutionary, you’re literally at the mercy of opaque organisations that are able to screw you over with none of the protections of the current financial system (not to say people don’t get mercilessly screwed today, but default or bank run protection is a pretty sweet deal)
