Main point: any statement about world outside of computers can be cryptographically signed and stored in a decentralized immutable store yet still be false.
Also, crypto guarantees cut both ways. Which is more likely, that your account will be illegally taken from you, or that you'll lose your account password? In normal banking systems, the former is very unlikely and the latter is fixable. In crypto coins, the former is impossible (assuming nobody can steal your password, which is untrue) and the latter is unfixable.
Also, crypto guarantees cut both ways. Which is more likely, that your account will be illegally taken from you, or that you'll lose your account password? In normal banking systems, the former is very unlikely and the latter is fixable. In crypto coins, the former is impossible (assuming nobody can steal your password, which is untrue) and the latter is unfixable.