That bitcoin is about NGU and one day you can cash out for fiat (price fanaticism)

another, is the use of custodied / KYC holdings (on binance, coinbase, kraken etc) is a safe thing to do

identities of users and their balances are constantly being made public

see mtgox, celsius, many others, most recently huobi had a near miss:
https://www.nobsbitcoin.com/huobi-data-breach-leaked-kyc-data/