Earlier quoted context omitted.
How do you know many (or too many) people are doing it this way?
There are ~16k total reachable bitcoin nodes out there, which means there are plenty of users are trusting 3rd party nodes. https://bitnodes.io/ Having your own keys and using a wallet application that connects to someone else's node is better than keeping your coins on an exchange, but you're still relying on someone else's node to not screw you. Compare the meager 16k nodes people trust with the 100 million who cla…
Oh, I see what you mean. I own BTC but don't run a node.. so your point is that I am dependent on other people running nodes? It's a good point alright.