[raverbashing]

Yes

Unless your local security is worse than that of an exchange

[herman5]

Echoing this - for long term storage, they should be kept on a hardware wallet.

[joosters]

For long term storage, that sounds a terrible idea. Do you really want to trust your savings to $20 of electronic components that aren't designed to last more than a few years?

[fokinsean]

The wallets can be regenerated using your seed phrase. So your argument should really be, "Do you really want to trust a $0.02 piece of paper" :)

[joosters]

Exactly. The hardware wallet is pointless.

[Kiro]

You should save the seed words somewhere as backup.