First post here, pretty new to the Bitcoin scene. So I think (like most of you) the bitcoin movement is a fascinating experiment, but is too disorganized and not well polished enough to engender trust on a large, consumer scale. Not everyone is familiar with cryptography and is comfortable with using a string of random digits to use as their personal checking account. In many ways, it is (ironically) similar to a unique bank routing number, but the fact that it is not registered or tied to any one particular "trustworthy" party ends up spooking people. One of the reasons many people trust their very own banking institutions is because of the FDIC's $250,000 guarantee, i.e. it's government insured. Also, when you go to a bank, you can see and speak to an actual representative...The problem with Bitcoin, of course, is that its basic function almost mandates a disconnect from traditional banking sources. So how do we resolve this and foster more confidence in the system?
What you're talking about has nothing to do with any features of Bitcoin itself.
It has to do with the emerging financial services industries that are and will continue emerging around Bitcoin.