Yesterday I watched the Fireside Chat, patiently waiting user-friendly GUI. Account term is more reasonable. You know Andreas Antonopoulos also don't like wallet term because it's confusing, he sees Bitcoin Core is like key-chain with all the private keys on it. I support "account", non-crypto environment can understand it better.
Right, wallet is pretty confusing for ordinary ppl, as they expect some physical form of it. On the other hand, account sounds more centralized.
That's an education thing that we'll have to battle through - getting people to understand that there's no central money control or anything. However, I think the conversation is going to be a lot easier.
"You just create a new account, which is completely secure and free, and you can create as many different accounts as you need for you, your wife, your business, whatever. And the great thing is that there's no government or company that controls your money, just like with Bitcoin, so you are in control of your money."
vs.
"You know how in Bitcoin you have a wallet, and in that wallet you have lots of addresses? Well it's like that, but your wallet only has one address. No no, it's not a physical wallet. No you can't keep your Starbucks loyalty card in it. Ah no, the iPhone app merely connects you to this decentralised network, but that's not the wallet, the wallet is a separate file that has your private key in it. No no, your private key is like a secret password that is in your wallet and that is used to generate your address. Now don't get frustrated with me, it's really quite simple, you generate a private key - I mean the client app generates a private key - and then that's stored in a wallet file that you can backup, and then your wallet has an address. You'll understand it in no time!"