Owning crypto is like being your own bank, you control spending and transaction with your preferences. No limitations, No boundaries.
As anyone said "be your own bank" this mean there's no single entity or regulations or government can controlling that (decentralized)But not all crypto are decentralized (e.g. XRP, USDT)
They can still controlling your coin/token by froze your funds or mint and burn a token.
That's why I am really concerned about converting btc during bull runs. I don't own XRP nor I am planning to have some. But what's your suggestions for USDT? USDC? P2p platforms are not popular with USDC.
