News like this one always make me reflect on philosophical questions. All of these blockchain and cryptocurrency advantages heavily rely on one’s ability to take the responsibility for his actions and not to give it away to the third party. And I’m not sure that we’ll ever have technology which will be able to eliminate this need and provide decentralization without it.

Are people really ready for decentralization? Will we ever be ready for that? Or we will ever need banks and similar things? That’s a tough question.