Thank God, no. And, of course, there are plenty of safe options for storing Bitcoin. I don't own any Bitcoin (what little cryptocurrency I do own is all ETH),

Thank God, no. And, of course, there are plenty of safe options for storing Bitcoin. I don't own any Bitcoin (what little cryptocurrency I do own is all ETH), and while I did look at some of the HSMs out there for myself, at the time I looked, there weren't any that were designed around ETH (that I could find, anyway) and I felt pretty confident about my own ability to secure things with existing, open, technologies. That said, even though there are plenty of options for securing BTC, there are exactly 0 options that my family would use over the convenience of Coinbase/a "service that looks like a bank" because they fully trust the entity involved. And if they didn't, they'd fully (incorrectly) trust their ability to keep their wallet safe on their own home computer that is protected by exactly nothing. Convincing them that they need to spend additional money to gain that security and accept with it the inconveniences that it introduces would be impossible. Never underestimate the power of "It won't happen to me".