Vitalik: I prefer social recovery wallets and multi-signature wallets over hardware wallets

ChainCatcher message, Ethereum founder Vitalik Buterin commented on a tweet, "Not your keys, not your coins. Buying this hardware cold wallet sounds good, but is there actual data on the percentage of cryptocurrencies lost on centralized exchanges, and the percentage lost when people try to self-custody using their own wallets?" He stated, "I prefer social recovery wallets and multi-signature wallets over hardware, paper, or anything else." (Source link)