Most of the people I invited lost their keys months later without realizing there is no way to recover the account. The average person is going to have a very tough time grasping the concept of decentralization and self-ownership and self-regulation.
At this point I'm saving all my accounts. During the peak of the last bull run even the centralized exchanges couldn't keep up with account signups. People were paying a premium just to gain access to a Binance account or what have you.
The same thing will happen again with Steem.
Accounts will have real value when there aren't enough to go around.
I think this problem of forgetting the keys discourages many people because they can't recover them.
Maybe... This is a bad habit (which creates up to a certain sloppiness) that is acquired by the fact that on other platforms, recovering some password is something extremely easy.
yeah new/casual users might as well be storing their master password on the cloud imo