For one, a theft on banks is extremely hard and rest of the system hums along. Mt Gox and DAO however resulted in catastrophic failure where everyone was collectively punished.
On a personal level, there are good channels to get your money back where in a decentralized market, there's zero chance. It's better to have other humans keeping check on each other than code watching other code because it will not take into account the "spirit of contract".
On a personal level, there are good channels to get your money back where in a decentralized market, there's zero chance. It's better to have other humans keeping check on each other than code watching other code because it will not take into account the "spirit of contract".