[apw]

Good point, the minimum security of Bitcoin is that of gold; i.e. a safe guarded by people with weapons.

But since Bitcoin is digital, its maximum security is far, far higher. Your private keys can be encrypted and safely stored with any desired level of redundancy. Paper wallets are a big step backwards.

Also, if secret sharing is used, Bitcoins cannot be stolen unless the attacker gets to k of the n involved parties.