You are very correct without a doubt.  Why have I never lost my coins in an Exchange hack?  I have nothing to worry about, because I am in custody of my own coins.

Would say two things are happening.  These YouTubers focusing on reach and income rather than quality of information and many of them do not understand how Cryptocurrencies truly work.  If you want an honest YouTuber making videos about Cryptocurrencies, find one who does not take all and every single kind of Shit coin sponsorship.  Most of them sell themselves out by accepting to promote Shit coins out of greed.  I do not think there are many of them who actually provide accurate information and mostly focus on Bitcoin and the other Cryptocurrencies that actually have a future and value.

Reminds me of all these 'Climate Activists' throwing paint on art and gluing themselves to tables, concrete and walls.  They have no idea what they are actually protesting for and their actions make zero sense, but they want the attention and they are receiving it.  Similar to how in the middle of the Pandemic there were all sorts of people throwing out and supporting all sorts of information, whether true or false.  There is an entire community of them however, and they are making waves.  This is very similar to the reports you are talking about.  They have no idea what they are saying and they are looking for income and attention.  These kind of people will always exist.

But do not worry, their supporters will also be people who do not understand how Bitcoin works and why it is the future.  There are some people who simply like being stuck in a loop of infinity where they think they understand everything but in reality do not understand anything.

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Regards,
PrivacyG