Do you trust yourself to manage your own private keys?

[Lauda]

Xapo, do you think that all people are idiots unable to administer their own belongings? And your mission is to help poor, undecided people and store their private keys in your online vault? Because there - in you hands people's keys are forever safe. And no hackers, nor any other calamity could ever take out these keys... Right...

Maybe you can do it, but the vast majority (99%+) of the world population has no idea how to protect their computers - even people who worked as "IT security experts" for years occasionally fail to keep Bitcoins secure (e.g. Antonopolous).

A lot of those "IT security experts" or just "IT experts" are in general unskilled. I've seen examples of this throughout they years (no I'm not saying Antonopolous is).
We should work on educating people on proper security methods for both their wallets and computers at the same time. Both are connected. We should also recommend keeping funds in their own wallets instead of online services/wallets.

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[Cryddit]

I trust myself to manage my own keys, but I acknowledge that I am a VERY exceptional case. 

Unless the security of desktop operating systems (*cough* windows *cough*) gets a hell of a lot better, I don't think most people can.

[Xapo]

I trust myself to manage my own keys, but I acknowledge that I am a VERY exceptional case. 

Unless the security of desktop operating systems (*cough* windows *cough*) gets a hell of a lot better, I don't think most people can.

I think that's my point. You have 85% of people who are saying that they will never trust a third party for storing their bitcoins. Naturally, 10 years from now, a percentage of these people will have lost some or all of their bitcoin (whether it be losing paper wallets, hacked computers, system failure, house fire, etc, it's inevitable, and undeniable). We've all lost cash in the past couple years, yet I doubt anyone here has lost cash FROM a bank (Of course, there may be some exceptions for our European friends in Iceland, or Cyprus, but I don't think they're present I understand people don't want to use a third party, trust me, if it was practical to store my fiat cash myself, I would, but I don't believe it is.

[Bitcoinpro]

in a fair just society like Crypto i won't be so worried about losing a bit of coin

[kolloh]

I trust myself to manage them but I am also a security conscious person.

I doubt I would trust an average user or nontechnical user to safely manage their own keys.

[Bitcoinpro]

I can't really see the point to this question since it will depend on how well people trust the security of an app on a particular device,

Phones are going to be trusted straight out of the box being secure, some will eventually have preloaded apps the phone manufacturers

and developers would stand to lose Billions if their company was shamed with an insecure device or app, the whole stream would be

so tainted its unlikely any insecure devices will be made from any main brand companies,

[Xapo]

I trust myself to manage them but I am also a security conscious person.

I doubt I would trust an average user or nontechnical user to safely manage their own keys.

There are lots of people I would trust more than myself, but I understand it's a personality trait. I'm paranoid of losing things, my keys, my wallet, my cell phone, etc. While I lose those things far less often than the average person (which I attribute to my paranoia), there is something that inherently makes me questions my ability to not lose stuff, and since I have a fair amount of bitcoin, I'm putting it in the hands of someone I trust more than myself. I understand working on the inside of Xapo, knowing the security team, and seeing the security architecture internally first hand, makes me more trusting, but I trusted Coinbase (and probably still would) even before I started working at Xapo.