100%

"doesn't matter who owns bitcoin. It matters who has the keys.""doesn't matter who owns bitcoin. It matters who has the keys."

This bit, specifically, doesn't signal simple mind (or maybe does, but then it's a good thing!)

To me, Bitcoin is completely orthogonal to any legal system so far created. It is a software program designed to let humans cooperate without recourse to or being subject to traditional laws. As such, I find no use in the theoretical speculation of how laws apply to Bitcoin