Which is still better than the status quo where only licensed banks can hold digital money for you. I'm fine with everyone having the choice of custodian as long as I can implement a wallet from the open specifications myself.

Licensed banks aren't getting pillaged by cyber criminals though, I'm tech literate and mindful of my security and yet my 3 bitcoins were stolen from Mt Gox. People buy hardware ledgers to create a higher sense of security then those get hacked. The money in my bank so far has never been touched without me having to think about it at all.