Exactly, because they would never carry their life savings with them in their wallet. People do things with software wallets that they wouldn't do with cash, wh

Exactly, because they would never carry their life savings with them in their wallet. People do things with software wallets that they wouldn't do with cash, which suggests we need better ways of conveying appropriate mental models of how these things work. Physical wallets might be a good approach, or people might treat them like debit cards instead of wallets.