I'm pretty favourable towards crypto, but it is absolutely an inherent property of blockchains. The whole point is that it's immutable and transactions are not

I'm pretty favourable towards crypto, but it is absolutely an inherent property of blockchains. The whole point is that it's immutable and transactions are not reversible. That means users are susceptible to losing their money with no recourse. Seed phrases are also a pain in the ass. No one wants to deal with that, and average consumers would absolutely lose/forget/misplace them and lose access to their wallets. The risk of ruin in crypto is ridiculously high compared to traditional finance.