[kibbleble]

It's inertia. Why would an "account" be any different from a "wallet?" Or an "secret key" from "routing number?"

And yeah the UX is not quite there yet. It gets better depending on the project. Crypto.com for example has a partnership with Visa and lets you have a prepaid card tied to your portfolio. But their app is centralized and there's a lot of shiny terms and if you don't have a friend or good resources to learn, most people give up quickly. Just like how kids need to be taught financial literacy, it's not like we learned how to use credit cards out of the blue.

And since crypto is volatile, it has the same "oh I don't touch stock market stuff because I always lose money" and people think crypto overall is a scam not worth the hassle.