Retards why cant you just keep your own wallet. Is it really so hard? All i see around here is a bunch of people crying about how someone stole my bitcoins. well you deserve it. IMO
Watch what you say man, you could jinx yourself there

. For a lot of people keeping there wallet online is much safer and convenient. The fact is more and more people using bitcoin these days aren't tech people, and you can't expect them to know what measures they need to take to protect their money either on a server or on their own computer. Instead of people pointing and laughing at the people who lost their bitcoins why not make security software to help protect them?
Really, it's safer to store your wallet on your own computer even without encryption and backups. Would you hand your wallet to a stranger on the street for safekeeping, provided there was no insurance on your money at all? Would it not be safer to keep it in your own pocket, even without security measures such as a chain?
People did this in the USA everyday before the formation of the FDIC. For the most part it was safer than keeping it in your house.