Yesterday, I saw the group arguing again over privacy coins, mixing coins, and "compliance boundaries."

I watched silently while gently touching my own asset distribution...
Honestly, the more they argued, the more I could feel that uncertainty:
It's not about who is right or wrong, but about what shape you want to form with "security/freedom/convenience."

My current fragmented understanding is:
If your assets are still small, just afraid of slipping up or losing your phone, a hardware wallet is enough—just make sure to cover "don't get stolen casually."
If your money is starting to hurt a bit and you need to manage it with a partner or co-founder, multi-signature is more like splitting trust into separate parts—troublesome but reliable.
As for social recovery, I think it's suitable for those who truly forget or lose things, but only if the "friends" you choose aren't better at social engineering than hackers...
Anyway, don't let the narrative carry you away.
Choose a plan that you can operate even if you wake up in the middle of the night—it's better than anything else.