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The irreversible loss of everything if you forget your password isn't a minor inconvenience that will be fixed in the future - it's fundamental to how the whole thing is designed to work. And it's a catastrophically bad idea!

I'm constantly shocked that this isn't held up as one of the biggest flaws. This is a technology that's meant to be "the future" which is incompatible with how regular humans actually work.

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I pretty much second that this is one of the biggest flaws. I'm often assured by people invested in web3 that this is a problem that's going to be solved soon by the flood of designers entering the space, but my doubt is growing with each passing day. It seems more likely that this flaw in the system is going to persist for many years to come and very sadly, many people are going to lose a lot of money through it.

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