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I hear what you are saying, but it isn’t actually that complicated. Granted, it does get more complicated with larger sums as risk and security requirements inc

I hear what you are saying, but it isn’t actually that complicated. Granted, it does get more complicated with larger sums as risk and security requirements increase. That said, if you are an adult, maybe it is time to not rely on a third party to be between you and other economic actors. We don’t do this with information, why do we do it with financial information (who holds what wealth and owes whom how much).

Fnoord 9y ago
> That said, if you are an adult, maybe it is time to not rely on a third party to be between you and other economic actors. We don’t do this with information, why do we do it with financial information (who holds what wealth and owes whom how much). We are outsourcing (in the literal and figural sense) all the time, including with information. Google, Facebook, and arguably Amazon are examples of us outsourcing information. Even there, self hosting (e.g. Mastodon allows a Facebook/Twitter alternative) has its advantages and disadvantages. People do not take disadvantages seriously until it confronts them.