People need to stop trusting this spof centralized server backup bullshit business if they care about their op sec.
Ever wondered why banks use vaults and time-consuming multi-login procedures, why cold storage exists etc? For me it's the same principles that apply here. But again this is just me who likes to secure my personal data with banking level security, as I do with cryptoassets. I don't feel the values are so different to me at least.
You were saying that centralized services were insecure, now "banking level security" is the best standard?
"Banking level security" is a cloud. There is no cold storage. (maybe in a few banks, but not most of them)
You just need an email and password and that is it. Sometimes a SMS or something like that through mobile, which is far less secure than 2FA or cold storage.
I mean banking in the conceptual sense, "to bank something". In this sense a
keybank, similar to a sperm bank or blood bank
(ignoring the securities or said examples as unrelated). Nothing to do with financial institutions known confusingly and generically as "banks". Banking your data and private information as you would bank your bitcoin: securely and through ownership. Some call it self-banking, but it's still banking. Apologies for the confusion through use of words.
A bank of something, such as blood or human organs for medical use, is a place that stores these things for later use.
Source:
https://dictionary.cambridge.org/dictionary/english/bank#cald4-1-5
