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Nah. For all the talk of "one app to rule them all" (which is an awful idea) this is a step closer to that. For all it's faults, crypto has one thing right -- not your keys, not your stuff. I get that doing keys/passwords is hard, but the best thing in the long run is for them to stay in the hands of the user. And if not, the holder of the keys needs to be someone you can easily hold accountable, i.e. either fire, or arrest, or sue if they get it wrong. |
Erm, this isn't really an aspect of cryptocurrency, per se. It's more of a general rule that informed the initial thinking around cryptocurrency. In fact, most users of cryptocurrency seem quite content to give up cryptographic custodianship.
If you went back a similar time to the nascent web/cloud/etc, you'd find plenty of similar sentiment about remote software and storage. It's just that individual autonomy loses out over time due to convenience created by the massive investment in the surveillance economy.