I feel that one for sure. I live in San Francisco and was a dedicated cyclist. I had 6 bikes stolen in my first years here. But I was stubborn, got cannier, and kept the 7th long enough for it to look scruffy. Which let me keep it for years. But then it got stolen while locked up behind a 12-foot fence and something went out of me. I just gave up.
I still make occasional trips on the Lyft bikes, which are fine. And I've been thinking about getting another bike. But especially with e-bikes, which are much more expensive and therefore much better theft targets, I just can't sign myself up for years of fretting about theft.