There's nothing "convenient and less risky" about having your funds frozen or blocked.
This concerns a smaller fraction of the crowd. As long as 8 out of 10 sheeples don't experience any serious consequences of making use of centralized exchanges, they won't bother to switch. The only thing they care about is having the coins in their account so they can unload them at any time, or transfer it to another user instantly and for free through the same platform.People need to realize that the most "convenient and less risky" method is to use it as it was intended & designed for - by using your own wallet locally. All remote online wallets are a danger & a risk, as this clearly demonstrates. Anything centralized should be avoided.
Can't agree more, but we can't do anything about it as long as people don't bother to care about the underlying problem of centralized platforms. It's always action = reaction. If people personally don't experience any problems when using an exchange or online wallet platforms, they won't see anything dangerous in it. People must either have their accounts blocked, or lose funds in order to wake up, that's always how things go, and even then, certain people will keep making the same mistake. Bitfinex is the perfect example of how an exchange not deserving to exist today, has managed to regain its dominance within this market. 
