Even the firmest advocates for Bitcoin’s self-empowering potential, like Roger Ver, were entrusting coins to Mt. Gox and MyBitcoin, rather than holding the coins in their own addresses. And they were paying the price in lost and stolen coins. This raised questions about whether people really wanted, or were capable of taking advantage of, the decentralization that Bitcoin was offering. People may have trusted the code underlying Bitcoin, but they didn’t necessarily trust themselves to deal with that code in the right way—and so they turned to outside experts to secure their money and make it
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