1. It's a single company where all NSA, FBI, IRS will go. 2. The insurance is fixed in GBP (mostly for financial compliance purposes, rather than malicious int

1. It's a single company where all NSA, FBI, IRS will go. 2. The insurance is fixed in GBP (mostly for financial compliance purposes, rather than malicious intent). So when your holdings rise 10x, you'd have to adjust your contract. 3. "Easy withdrawals" do not sound reassuring on the frontpage. However, somewhere in the FAQ they tell you that there's a 1 BTC limit a day and they get it manually. We need a personal wallet that locks up your wealth in a multisignature transaction 5-of-9 with 9 of your friends. The key part is to solve privacy issues (I have some ideas) and make UX usable by grandma, even if she forgets her password and loses all backups (I have some ideas). Then, all folks will lock up their funds in a distributed fashion, without any single place becoming too tempting to invade privacy or take funds.