"But trusting someone else to look after your coins requires the very trust that bitcoin was designed to circumvent." Bitcoin is decentralized and doesn't rely

"But trusting someone else to look after your coins requires the very trust that bitcoin was designed to circumvent." Bitcoin is decentralized and doesn't rely on trusted parties, but that doesn't mean you can't or shouldn't rely on trusted parties if you choose. I fully expect most people will use a Bitcoin bank/wallet service/whatever, the problem is most of them are amateurs right now. It turns out these are essentially banks, and need bank level security.