I've got several Wyze cams around my house and one inside facing the main living room/kitchen area. I realize it's an imperfect system with flaws, but at the same time that living room camera is also the reason I was able to file abuse charges against my ex wife. Not a scenario I'd want anyone to deal with, but in my case it turned out to be some of the best money I've ever spent.
You are correct. But to be totally honest, Wyze offered an affordable cost and a low barrier to entry. It's a tradeoff that worked out for me, but I get that it's not the same math for everyone else.
There are onvif cameras (IP camera standard that lets it work with any software) that are as cheap as Wyze. Plus many have microsd so they can work without any network.
Again you're completely right. I'm just saying that when it comes down to it, 99% of folks are not going to host their own system. And in my personal, specific case, I judged the rewards to heavily outweigh the risks, which ended up being correct. YMMV.
Out of my life, I used the video evidence to land her ass in jail and filed for divorce. She managed to claw her way out of the gutter after using crack and becoming a prostitute.