[throw0101a]

> In reality, a crypto wallet is better compared to a bank account, though. Most people don't carry their life savings (or comparable amounts) in cash.

I would think it was the exact opposite.

A 'regular' bank account has reversibility, and so if there are some shenanigans you can (potentially) get your money back. With a cryptocurrency 'bank account' (wallet), if anything bad happens you're SOL.