I'm going to switch to Armory and make a paper backup. I don't like the idea of someone who finds my paper backup being able to take all my coins, so I want to implement an m-of-n paper backup plan.
With a 2-of-3 scheme, I plan to store fragments
- in a rented safety deposit box at the bank
- with relatives in another city
- hidden in my house
I could also put a fourth fragment in Google Drive with two-factor authentication, in a 2-of-4 scheme. This would protect me in the event that two fragments get lost. (Yes I know the NSA will be able to read my Google Drive, but they would also have to get another fragment somehow.)
Does anyone have any comments on these plans, or can anyone suggest something better?