Instantly thought of this:
So there's a news on a website, the news writer doesn't even know how to correctly write down "Celsius", the central point of the news is a guy working for a centralized (ETF) platform, most likely it's paid news, and you think that this will encourage newbies do this or that?
We're a bear market, no more ICOs no more NFTs, do you think they can afford to pay more than 5$ on an article?
That's why you will get a lot of Celcius and Frankenheit, thinking about, there are still guys who haven't figured yet how to spell Satoshi
Centralized exchanges are not friendly to use unless you are no more a newbie to them. If a withdrawal is suspended, is that convenient? If your account is frozen, is that also convenient? Some inconveniences can come up with what you do not have control over.
What you're saying is that they have serious issues if things go wrong, but that doesn't make them less convenient!
If ordering food is more, expensive, you have to wait, you might not get your order right, you might not like the taste at all, and the delivery guy might have flipped it three times before coming but still, ordering is more convenient.
The risks are maximal, but that doesn't change the other things, you have an account, you log in, you exchange shitcoins to USD you withdraw to your bank in one click you deposit in one click, and you don't even know what tx fees are at all or how they work, that's called being convenient.
And you can obviously see the reality around you...
Again, I'm not advising anyone to leave more coins than he is affording to lose without batting an eye, but, it is what it is.