Nothing beats traditional finance as far as safety of funds is concerned and this is where crypto keeps getting it wrong. As long as crypto remains largely unsafe and user funds accessible with hacks, it will never gain that massive acceptance it needs for adoption. You can keep your money in the bank and go to bed with both eyes closed, even if the bank gets hacked or goes bankrupt, your funds are still very safe. With crypto you are constantly afraid of a random hacker gaining access to your funds for no fault of yours and render you completely broke and nothing will happen afterwards. The volatility is not just the risk but also the safety of funds, too many scary variables.
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