What I had considered was that I use a 2 of 3 set up where I keep two, and give the third to a TRUSTED source to safeguard. 1. software key, 1 hardware key, and 1 paper key. I am losing trust in the hardware key solution, and I can see that being a potential problem as the trusted party key. A hardware key has to be backed up on paper for best practice does it not?
If you’re using a singlesig hardware wallet, you want a metal backup, not paper.
If you want multisig, paper back ups for each wallet is fine.
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