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Well, people trust banks now, right? Why do you think that behavior is going to change?
And if we assume that all custodians are out there to rug them, then it will never succeed. Of course, humanity is fucked anyway, so at the end of the day, it does not really matter ;).
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But they're not gonna get that, unless they trust a custodian, who will inevitably rug them one day.
They will face the beautiful truth: that you only have two choices:
Choice 1 is a new development, courtesy of Satoshi. Virtuous, principled people waited for thousands of years for it to become an option, and now their long wait can be rewarded.