Your trust point is valid but needs tweaking: You need to trust someone with your money if you want to buy at an exchange. Although exchanges are the most convenient way to right now, they are not the only way. Peer-to-peer is always an option; you can trade with someone directly, or even do work and get paid directly in e.g. Ethereum.
But even if exchanges were the only way, that trust time is quite minimized, compared to the status quo.
To your second point, I agree it has to do with convenience. IMO the main reason is crypto UX is still very bad. The space is going to need some major new hardware and software solutions before going anywhere near mainstream.
But even if exchanges were the only way, that trust time is quite minimized, compared to the status quo.
To your second point, I agree it has to do with convenience. IMO the main reason is crypto UX is still very bad. The space is going to need some major new hardware and software solutions before going anywhere near mainstream.