Correct.
Listen to my episode with Simon Dixon or nostr:nprofile1qqsdkcj7wcm4g09867lx2qjcxndnrzsv0d6mpc3af7u78y3f7kaxlfcpz9mhxue69uhnzdps9enrw73wd9hj7qgwwaehxw309askgun99eeh2tc7l939a
Also listen to the one with nostr:nprofile1qqsr3gwdr05shx5f35jpthqsrhcgwrc4kuh2y0xmpt0647kgp5p06zgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet56m0w9j
Bitcoin in self custody is the only thing you have allodial title over.