The sharing with LEO will always then be optionally and at your option, which still provides a similar net security benefit.
Purely localized home storage and IOT stuff which offers similar features like remote access and whatnot, is clearly a really, really difficult problem to solve. Just like smartphone being essentially your entire one ISP coordinated popping from having your whole life in any security agencies hands.
Maybe we need an organization like OpenAI to solve this problem. Like OpenHome or something. A place we can centralize our developer resources to providing a solution to this obvious proto-police state that is being developed out of pure utility, aka usefulness.
Right now my friends moms washing machine and coffee maker are all wifi connected to be controlled and notified when done remotely from here phone. It's entering out lives fast and we need a solution and startups offering similarlly good products - or a private solution which can be sold to the manufacturers like Whirlpool.
I think the better solution is that someone offers a relatively cheap service that has a cloud option that fully encrypts the data and uses e2ee for communication to the server. Though it is hard to prove that you don't own the keys (I mean how many still distrust Signal?).