Lot's of people don't want any responsibilities these days.

That being said, custodial services cansbe a good thing for many older people for example. They way he said it is el wacko, but not entirely wrong.

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Agreed. There is a real market demand for custodial services. They just need to be better than what we have so far (centralized exchanges, or absolute ripoffs like what this guy is describing - no insurance or bank in the world charges 5% of your principal to keep a key, or 10 bucks a month like Ledger wants).