This is the risk of "being your own bank", but I don't think it means crypto is destined to fail. You can have managed services that provide insurance to end us

This is the risk of "being your own bank", but I don't think it means crypto is destined to fail. You can have managed services that provide insurance to end users. I think cyrpto-currencies have a lot to offer the world. Prime example is Monero, it offers a digital equivalent to cash which is a rarity in this age of ultra-surveillance. Edited to convey my message in a clearer manner.