If your goal is to store a very large amount of cryptocurrency and don't want to touch it whatever happens plus become an anonymous owner, a paper wallet is still a good option. It's probably 'safer', and by that I mean you can hide the fact that you own cryptocurrency as long as you can save the backup in a secure place.

Obviously it comes with a lack of flexibility and somewhat out of date tech, but that doesn't matter if you're holding for years and don't brag around that you have 1 BTC.