I agree with both your points. The only thing that bugs me is that self custody is getting marginalized already. Just the term bitcoin maxi or cypherpunk connotes survivalist, gun toting crazy. Saylor caused a lot of this with his off hand, sneering remark a few months ago. You don't need to be the Unabomber to want to avoid BlackRock or Microstrategy.

To trust the financial system goes against everything bitcoin stands for. And yeah, I know bitcoin don't care, and it will survive this shit too, but the attitude can still be dangerous for individuals fighting the battles. (samourai)