the financial consequences of carrying a couple thousand dollars on your wrist and it going wrong are pretty disconcerting
reality is nothing will happen, but the fear of something happening is tough to overcome.
Here’s another reality…parents will often drive their kids to school to ‘keep them safe’, because they worry about their kids getting abducted etc. Reality? It’s more likely their child will be injured or killed in a car crash on the way to school than it is they will be abducted.
Tell 100 parents that, and they will not change their approach. They will continue doing the thing that is statistically unnecessary, and in fact more dangerous, because overcoming their perception is just too much.