[latchkey]

Define "make it good", cause the way I see it today, it is extremely good. But then again, I understand the UX and I don't find it difficult at all.

I actually wonder if you've tried it... it really is just put in an address, amount (of any size), and click send.

Want to earn interest or borrow funds? Load up Morpho.org, deposit into a vault of your liking and borrow whatever you want. No need to ask anyone for permission and fully decentralized. Even the source code is public and audited. Don't trust it? There's nearly $6B in there and Coinbase built a whole product around it. It couldn't be all bad.

I think things have progressed quite a lot in the last few years. Take a look, you might be surprised.

The UX for some of my banks are way worse. For example, the limits on transfer sizes are obtuse. 25k limit? WTF, it is my money, let me move it around how I wish, I'm not a criminal.

[recursive]

I'll know it when I see it. One necessary, but insufficient condition is this. I should be able to have an account (I think they're called wallets) where no one else can just run away with the contents, and I can't permanently lose access.

I guess a bank could just steal money from my account, but I believe they won't, and furthermore that there will be something left for me to take legal action against if they try. The scary regulation helps me.

I have no idea who the players are in cryptocurrency accounts, but I have no confidence that they are going to continue to exist from one day to the next. And then if I try to host my own wallet or whatever, I don't have nearly the operational discipline and security for that to work.

I don't even know if it's possible to solve this for me.

I looked at morpho.org and I don't understand what it is. I don't know what a vault is.

[latchkey]

Your response is exactly what I'm talking about with regards to UX. When you started on the internet, you probably didn't (and may still not) know how DNS works, but you use it thousands of times, every single day.

Lots of wallet options now and they've gotten pretty advanced. Coinbase Wallet [0] is fully self custody and has anti-phishing, security and backup features built into it. You don't need to host anything. Backed by a public company that's been in business for a decade.

Start small. A few hundred $'s worth of crypto, something you're not afraid to lose. Then, no need to worry. It isn't like anyone starts riding a bike at 100mph.

Banks do fail, sure you can get FDIC, but as we saw with the fairly recent SVB debacle, it can have a real impact until it kicks in. I wouldn't count on being able to sue someone, when they've taken all your funds and you're just trying to figure out how to live.

Much like everything in life, all of this is really just a matter of having an interest or need to try new things out. That's what blows my mind about HN negativity. We are supposed to be curious technology people, but instead it is full of downvotes and an instant negative reaction. Never about, "I tried it and I found out that I didn't like it for XYZ reason."

[0] https://www.coinbase.com/security