How is BitShares different from banks and centralized exchanges?

If you keep your assets in banks or centralized exchanges, it’s like entrusting them to someone else. If the company, which is essentially a third party, goes bankrupt, your assets might disappear. Additionally, there’s a possibility that your assets could be seized due to the whims of others.

With BitShares, you can act as your own bank, meaning you are not entrusting your assets to anyone else. In other words, you have control over your own assets.