I Am Not Satoshi Nakamoto
Quickly skimming through the Wired piece, am I weird for not being that uncomfortable with companies like Coinbase managing your crypto? Or Namebase.io managing Handshake domains? Most people don&#x27;t care about self-hosting&#x2F;self-managing their stuff and just want something that works and is easy to use. With both of these (Bitcoin &amp; HNS) you can still have 100% control over it if you choose to.<p>So what if 90% of people decide to instead trust a third party with their holdings (like 100% now do with banks)? A portion of Coinbases holdings are even insured[0], <i>gasp</i>. And with regular banks you&#x27;re paying increasing amounts in &quot;management fees&quot; to maintain this insurance. Cryptocurrencies have proven that you don&#x27;t <i>have</i> to have traditional layers of trust and that&#x27;s where I see the technological breakthrough.<p>Disclaimer: Somewhat neutral about crypto in general.<p>[0] The USD&#x2F;EUR holding rather than crypto IIRC