Oddbean new post about | logout
 He has a point though.

Most people are retarded and will lose their keys.

Self custody is for high IQ and responsible people. 
 He also didn’t make any explicit comment against self custody. He just pointed out the economic incentives. People getting triggered are just outing themselves as those spreading fud to sell you something. 
 Responsibility-go-up technology. Just like guns. 
 Not a great comparisons.

Guns aren’t endlessly complex. 
 12 words? 
 Most people can’t remember 9 numbers or what day of the week it is. 
 Yeah they can. If you can operate a motor vehicle you can self custody. 

People just got used to passwords not mattering, because of centralized systems. 

That said, I don’t think self custody is for everyone. 
 lol.

Do you know how many people die every year from MV deaths?

Most people can’t drive a fucking car let alone keep track of the banking passwords. 
 Yeah around 40K deaths in US by motor vehicle accident. You may not like “how” they’re driving, but most people can and do go through life being able to drive a car. 

Most people lose passwords because centralized online infrastructure built out in a way that the importance of key management wasn’t a priority for people, simply because it didn’t need to be. 

It’s amazing what people are able to do when they learn new things. 
 You give people way too much credit. 
 Perhaps 🤷‍♂️ 
 Guns require responsibility. A lot of folks aren't responsible enough to own guns either.