Agree one selling point of the devices is ease of use, however for someone like me who is equally concerned about privacy, streaming video from my front door is a non-starter. In your scenario, "anyone else who cared to watch" includes anyone with an internet connection, versus some random prowler at high risk of being spotted casing your place due to their physical proximity.
If some rando gets my ring doorbell footage and figures out where I live, that's hard to undo. If someone steals my stuff and gets away with it because I didn't have a ring doorbell, that's annoying but much easier to recover from. We are talking about the difference between an insurance claim and moving house.
The right product for me may not exist yet, but I'd love to have a video doorbell system that I self-host. If I need remote backup I already have that covered, I'm on gigabit FTTH and use client-side encryption for data backups. I'm pretty nerdy and would enjoy setting this up but can't make it a priority now.
Neither your points nor OP's conflict, I think you each just have different criteria and values for privacy and security.