Who's to say their exchange account doesn't get hacked? SIM Swapped, etc. But yes I do agree storing your own coins would be a nightmare for people who are not

Who's to say their exchange account doesn't get hacked? SIM Swapped, etc. But yes I do agree storing your own coins would be a nightmare for people who are not savvy with computers and shit. But I do think that in theory paper wallet is easy to secure with 0 tech knowhow (though ofc the tricky part is generating one securely), just put it in a safety deposit box. All that being said it still seems really pointless to me to have coins which you cannot send online. But prehaps if like my grandpa wanted to hold some bitcoin as an investment, I'd advise something like cash app robinhood because no matter what you do wrong nobody can get the actual coins, at best to a fraudster it's another classical bank account for which there are all manner of legal clawback methods and safeguards in place.