It's quite simple.

A seed will recover ALL addresses from a specific wallet. Used or not. So most of those addresses you'll probably never use.

If you go the private keys route you'll only backup keys that are actually being used and known to the blockchain. Advantage is that you can import a key at any time to any wallet. Also, if you add an address to a wallet for which you have a seed but do not create a new backup, whenever you restore that backup the newly added address wont be restored and thus will be lost forever.

I prefer keys over seeds but that's just me.

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This is a very dense concept that I'm not currently equipped to make heads or tails of.

If you ever feel like it jump into one of my streams and I'll be happy to demo whatever you want to know about

I forgot that I actually wrote something on this topic a while ago.

https://habla.news/u/thegrinder@nostrplebs.com/bitcoin-self-custody

OK.

So... You used a hot "wallet" to generate a new set of keys. But...

That's not my understanding of what happens with a hardware wallet, which I'm still trying to understand.