Recently, more people around me are talking about hardware wallets again, possibly related to some places increasing taxes or tightening and loosening regulations. Expectations for deposits and withdrawals keep changing, and people are even more eager to keep the keys in their own hands. To be honest, when assets are small, a hardware wallet plus careful backup of the seed phrase is actually enough; don’t overcomplicate it, or you might easily lose yourself in the process.

I used to think multi-signature was "a safer endpoint," but after actually using it, I realized it’s more like "slower and more process-dependent" in daily use: communicating with signers, how to recover if the device is lost, how to migrate when changing phones… every step needs to be clearly planned in advance. I think social recovery is suitable for those worried about losing paper or fire damage, but only if you truly trust those few people, and they’re not unreliable at the same time. Anyway, my current approach is: keep it simple if possible, add an extra layer when the scale grows, and don’t sacrifice usability just for a sense of security.