Because crypto is the first layer. It's like dealing with paper money and trades while living >200 years ago. Eventually "Trusted Institutions" will come along

Because crypto is the first layer. It's like dealing with paper money and trades while living >200 years ago. Eventually "Trusted Institutions" will come along with insurance to keep your crypto safe for those with less risk tolerance. The advantage then is that you get to choose how much control you want to give up for safety. Unlike the current system where you have to use these institutions to participate.