In defense of us average people... we already have so much to deal with and think about... and in a world of single signons and your face being your password, custodial crypto sites have to be just as good if not better than the super dodgy centralized entities everyone is used to.
I still know heaps of cybersecurity people that are lazy with their own passwords... it's just... such a chore that makes things harder.
I think it's a very interesting situation for various reasons.
The first of which that we can't really compare Hive custodians to WEB2.
On centralized social media it is expected that you would get censored in certain situations.
Hive custodians will not be expected to take any such actions.
And if they do it could be very VERY bad for their reputation.
I also think it will be very easy to streamline the process of self-custody.
To the point of making memorizing a master password quite trivial and also secure.
I hope so... it's obviously going to be devastating for people if they lose years of 'work' by either losing their keys or getting hacked.
I still reckon censorship doesn't worry like 95% of internet users... I just don't think people care. The opportunity to earn for their efforts, is a much bigger motivator... but with creators I've spoken to, the number 1 factor is the eyeballs. People want the attention more than anything else.