Sure, hand your private keys over to a stranger. Nothing bad ever happens when people do that. /s
Not your keys, not your crypto.
However, an appropriately regulated bank/financial institution could allow transfer of your crypto to their wallet, and give you a credit denominated in that crypto.
If a company like Vanguard offered this service, I would probably store my bitcoin with them. This would allow anyone who is a long term hodler of BTC to not have to worry about losing your coins since there would be some level in insurance. Sure, the Feds could seize it, but they could seize everything you own right now, so we have to assume they won’t. If they were to do that, ‘it’s on”, so the entire system is done anyway.
El Salvador just adopted BTC and it’s probably just the first. This means even if BTC is going from 41k to 31k, back and forth, it’s headed up. At some point, probably within 10 years it’s going to 500k or more.
El Salvador.
Next door to Guatemala, between Medellin and USA. On the ocean and very small.
Quite convenient for Cartels.