Even if those ,,small amounts'' were 5% of net worth of some people (which was not uncommon), the same small amount would consist of more than 99% of the net wo

Even if those ,,small amounts'' were 5% of net worth of some people (which was not uncommon), the same small amount would consist of more than 99% of the net worth of the same people currently. As Android wallets were the easiest to use wallets and exchanges routinely robbed people, it mattered a lot even back then. While Coinbase has a quite good protocol for securing keys, what's scary to me is that so many ETFs are trusting it to be the only key holder instead of using multi-signature wallets between multiple entities (like Fidelity and Unchained capital as the other 2).