Agreed—I am thinking of single sig with backups. A multi-signature setup with geographical distribution is an extra layer of security, as would be single signature with geographical distribution and a pass phrase.
There are many ways to skin the #cat
Yeah the passphrase can work but then you need additional backups for the passphrase lol it can get complex
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This whole fire in LA has made me think a lot about backups, passphrases, and bit-switching wrt the physical key. Looters and thieves have to be considered within the landscape.
It’s especially dangerous if you bought KYC or if people know you have Bitcoin.