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Yep. I agree.

Although that point is clearly known. It is your fault if you don't have control over your coins.

My concern is that I've directed a lot of non-technical people to use Coinbase to purchase coins. Most of them don't have the technical skills to safely manage their own keys.

In that case, I trust Coinbase to not mess it up too badly. They stay in business by pleasing customers.

The new banks have much less stick and pull compared to traditional banks - something to keep in mind.