As if owning cash fiat money is any different? You don't even own the banknotes themselves - only the value they represent. It's the same with BTC - you own the value stored in BTC which is in your digital wallet. The difference is BTC is not issued by the Fed.
I liked that recent thread that someone copied from 4chan
About owning digital currency being "you will own nothing and like it."
As if owning cash fiat money is any different? You don't even own the banknotes themselves - only the value they represent. It's the same with BTC - you own the value stored in BTC which is in your digital wallet. The difference is BTC is not issued by the Fed.