I have no good answer to this. Sheesh why are all of these people trusting Coinbase?

yes, fantastic buying opportunity who those were hesitant in the earlier days.

coins move from weaker to stronger hands. Win win.

Also, now north korea becomes the giant honeypot. Yes they have nukes and some pretty scary gulags, but hackers are creative and good at staying one step ahead; they will figure out a way to re-decentralize the north korea hoard without too much destruction, that's the happy path anyway.

every time one of these massive hacks happens, another few % of the using population moves from "trust custodians, too scary to manage my own" to "nyknyc."