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Isn't that the point though? Trust is decentralized over multiple accounts that you already control. Keybase just provides an easy way to access that decentralized trust.

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If they hold your key, your privacy can be violated. By them, by someone who buys the company or by a secret government court order.

Then download the client and store the key yourself.

I can't store the key myself and I wouldn't want to. I can create it myself but it's stored in a central key server.

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