I agree that most Bitcoin service providers are total bullshit. Satoshi does backflips to create a decentralized system, and the first thing these idiots do it to try to centralize it in all sorts of ways. If the people doing the transaction can agree on a trusted 3rd party, then you don't need Bitcoin. But credit card fraud happens every day, large bankruptcies happen every year, and sovereign default happens every decade, because people are unreliable.
You're quite right, but we should view the incidence of fraud, bankruptcy, and default in the context of the economy within which they take place. Like there may be thousands of credit card fraud attempts every day within the US, but the number is fairly insignificant compared to the number of legitimate transactions by honest users. Likewise there are a few bank failures every month, but institutional failures where large chunks of depositors' money disappears are fortunately quite rare).
