I stand by my point that crypto disproportionately benefits the rich far more than fiat.
In my view that extends to wallet management, since the rich have security staff dedicated to keeping their Bitcoin secure.
Cryptocurrencies are not about making poor people rich and rich people poor. It is about having the a ability to do frictionless, uncensorable financial transactions among many other things.
The "Bitcoin rich" are vaulting their BTC in tens or hundreds of wallets, mostly cold (hardware and paper), and those have to be managed, backed up, and secured.
> Cryptocurrencies are not about making poor people rich and rich people poor.
Agreed, crypto culture leans to wealth redistribution from suckers to grifters.