Try this. Go to your local back and make a withdrawal of YOUR MONEY... After all it is your money, and see what happens if they tell you Oh we are sorry but withdrawals are delayed and you will get YOUR MONEY in 6 weeks... Yea right..
It's called a bank run. Happens quite often.
Maybe if you live in Greece or some third world hell hole. In the US, depositor`s accounts are insured up to $250,000.
On the BTC exchanges, your accounts are not insured at all, and you actually run the legitimate risk of having your funds mishandled or downright stolen. So OP has a point.
Third world hell hole? I bet you dont even know the true meaning of 1st world and 3rd world, lol. and what makes the US so great? Honestly, they are first in almost nothing, except the number of people in prison, obesity, highest cost of healthcare, those kinds of things. Ive live all over the world, and grew up in the US, the US is by far no where near the best country to live in.