These days I see everyone arguing about NFT royalties again: creators want to get paid, the secondary market complains about illiquidity... Basically, it's about "who bears the friction cost." I'm thinking wallet solutions are similar too; someone has to pay the cost, whether it's in complicated operations or in risk.

For small amounts (which for me means I’d feel bad losing but it wouldn’t keep me awake), I really just use a hardware wallet + backup paper note. Anyway, I’m socially anxious and don’t want to pull people into a multi-signature group. As my assets grow a little, I start to doubt myself: can I really guarantee I’ll never slip up or lose my seed phrase? If I had done a multi-signature for a large transfer at the time, I might not have been trembling over the confirmation page in the middle of the night... But multi-signature is also pretty annoying—finding signers, waiting for responses, and worrying about "people leaving or not responding."

I'm actually most conflicted about social recovery. It sounds great, but in practice, it’s just dispersing trust among a few people or institutions—pretty much like division of labor in a DAO: you think it’s decentralized, but it’s just trading off communication costs. Anyway, my current conclusion is simple: the more assets you have, the more you should eliminate single points of failure; if you don’t have much, don’t make yourself so complicated that you give up. That’s it for now.