That is for sure the greatest problem bitcoin has by know and it is one that has the potential to stop the rise of bitcoin. A recoverysystem might be an opportunity to make your money more save but on the other hand it has it own risks. Scamers and hackers will find their ways to make use of recoverysystem in a way other people do insurance fraud and the more people or projects lose money or have any other kind of security trouble, the more will shout out for rules and someone who stops the bad boys. Sadly, people are not wise enough to just be grateful if something good like bitcoin comes up.