I agree with this. The whole "value" proposition of cryptocurrency is that there is no governing authority, no undo, no takebacks, the code is the only law. If that's _not_ what you want, you should 100% be using a bank instead.

All that "rescuing" people who have fucked up does is make the system seem more artificially reliable than it is. Providing a failsafe to people who have very deliberately and explicitly eschewed failsafes (at extreme effort and by subverting the system itself, no less) seems rather pointless and paternalistic.