I was also speaking about auto-withdrawals since the only difference is that you don’t have to press a button to trigger a withdrawal. Your concerns are valid but are unrelated to automated withdrawals. They sound more like concerns over custodians.

bitcoin

Strike releases auto-withdrawals

I was speaking to auto-withdrawls. Giving them permission to take an amount out of your account every interval. 
What happens when they take too much out?
What happens if they get hacked?
Then your information is everywhere for everybody.