You can lose your entire live savings with a regular bank as well. There is just government programs that offer insurance (FDIC, CDIC, etc) All crypto needs is

You can lose your entire live savings with a regular bank as well. There is just government programs that offer insurance (FDIC, CDIC, etc) All crypto needs is a insurance program that offers protection and guarantees your money. It will take time but it's inevitable at some point with banks and large companies signing up.