True, but I'm thinking something like Unchained where you hold 1 of 3 keys. At least you would know if your bitcoin was re-hypoteicated away. The fact that they don't have this before the rollout makes me nervous.
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Even 1 of 3 seems very pointless if two parties can collude to take the coins. Seeing them on chain still doesn't say much, they can still be rugged at anytime, it's a false sense of security
Imo just stay humble stack sats in cold storage, don't ever worry about any of this, and just spend/sell coins when needed
I've been tinkering with BitKey. Something like this, but with seeds companies could fully verify, would be perfect for this.
What if
The customer holds key 1
Company A holds key 2
Company B holds Key 3
If customer ≠ deadbeat, customer gets sats back.
If customer = deadbeat, customer loses sats.
Now the customer is the proof of liability.
Company A says, this dude is a deadbeat.
Company B acts as an arbitrator and makes a decision based on the evidence.
If keys are lost, Bitkey can do some Bitkey stuff. ( Full Disclosure: I haven't verified how this works yet)
Risk can be mitigated further by using Anchorwatch because of insurance.