But if you don't have the keys to move your money, it becomes a lot less useful as money. It's still like gold though, something that you have a sort of vault that you rarely visit.
If you got drugged and someone took your phone to do a bank transfer, I would imagine there would be some hope of reversing the transfer, with a whole lot of painful steps. With crypto it's pretty futile if they manage to move it.
Also the $5 wrench attack can evolve, right? Just because you have your keys in different places doesn't mean you can be coerced into getting them together.
If you got drugged and someone took your phone to do a bank transfer, I would imagine there would be some hope of reversing the transfer, with a whole lot of painful steps. With crypto it's pretty futile if they manage to move it.
Also the $5 wrench attack can evolve, right? Just because you have your keys in different places doesn't mean you can be coerced into getting them together.