The newfound hype around DRS arises as a meme directly out of the Gamestop crankfest/fever-dream. It is harmless, but also meaningless; equities are not any more "yours" because of undertaking the timewaster of DRS and the concept is in current discourse as a shibboleth for membership in weird fin-cult silliness, which is exemplified really well in the parent poster's link to breathy, red-Arial-on-black "Central Bankers" fearmongering.

Dan Olson covers it effectively in "This Is Financial Advice", which is a sober and well-researched drubbing of the meme-stock culture from which this nonsense comes. Worth watching in its entirety, both for entertainment value and for its thorough treatment of the subject. https://www.youtube.com/watch?v=5pYeoZaoWrA

(If you want to see a real-life BSOD, get one of these people into a corner and ask them how equities are going to survive the "market collapse" they magically-think is right around the corner, regardless of method of registration.)