I was one of the early victims of the "titan mint" scam, so I was scammed out of 1BTC because I bought a physical bitcoin wallet "titan coin" that turned out to have never been funded at all by the owner of that business, Tim Fillmore. Tim is now wanted for scamming over $2M from other victims and dissappearing, there's a big long group where one of the victims has been trying to get the FBI to even start a formal investigation and put a VISA hold on him or whatever.
Plus, physical key wallets have very unique risks, that are inherent in their nature. For example, IF there is ever a problem with a redemption, at some point, say 20 years into the future, then EVERYONE who has ever been even in proximity of the coin, an entire chain or even maybe a large crowd of people, could become suspects in the crime of the theft of the funds that were supposed to be on that physical wallet. So I recommend, to not even go NEAR a physical wallet or ever even to HOLD one in your hands, if possible. Those things are like crypto kryptonite for me, because of my previous bad experience and the drama that came with it.
When you say physical wallets - does that include trezor? I’ve always read that using a trezor was one of the best ways to store crypto…
I still haven’t submitted my redemption cards but I was planning on holding the ballet wallets and keeping them in safe for a couple years…