Everyone has their own life. I understand that in certain situations it is better to use custody companies. But the way I see it, it will always be the last solution.

> having someone you trust who knows how to use the keys

That's already a tough combo to have :)

Afaik, having multiple backups for a single-key wallet is inferior to a multi-sig, and if we're going that road and we need to trust someone else anyway, why can't it be a Bitcoin company built to last?

Ed_Relight

I understand your concerns, but with a little care you can overcome these "problems". Duplicating the backup in different places and having someone you trust who knows how to use the keys will solve your worries.