There are couple points to this.

Most are about convenience. That is their primary focus. That is why the "forget password" is so powerful. It is true, it denotes a lack of ownership and permission from some other entity. Yet, it is convenient because people can reset when they need to.

Custodians are the same way. They will operate in a "secure" manner that provides convenience. This is probably needed since most of the money is presently in the hands of older people, most who are technically averse.

As for CBDCs, depends upon what you mean. The ones that are truly designed by Central Banks, for the banking industry, are no problem. Just more inter-bank assets that truly have nothing to do with us (at least directly). However, if we are delving into the ones the politicians want, where it is a "digital dollar" (or whatever fiat currency), then we are dealing with an entirely different animal.

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