I really struggle to understand the difference of the risks between Shamir and 3-5 multisig. In my understanding it all boils down to having 3 private keys

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My sense was that it makes recovery harder for the owner without creating significantly greater hurdles for a thief. But again I really don’t know enough about it

I think #[3]​ is a fan of 3-5 multisig. 3 private keys ftw?