I'm feeling a bit nervous about having my bitcoins on the exchange right now. If they suddenly "lose" everyone's bitcoins...what would anyone really care? Everyone has enough problems than to worry about a bunch of rich folks losing money.

I am also a bit gun shy on many cold storage systems I have used. I barely got out of Thailand with my bitcoins intact.

Keeping anything physical requires thinking of different scenarios. Bugging out I can carry it with me. What if I'm arrested for tyranny reasons and they confiscate my home again? Centralized servers don't seem very secure at this point (encrypting it and putting it on AWS, etc.). There's a brain wallet but many of those were hacked due to humans not being as crafty as they think. I had troubles with my trezor in Thailand, I had the trezor but the backup codes were on the seastead. That's part of it, you need backups but what to do with the backups?

I get pretty extreme when doing cold storage for extra security. Last time I bought a cheap computer to create the private keys, then put them into my cryptosteel in an order that only I knew, then I destroyed the computer with a hammer and burned the parts in a fire. Fortunately I had a backup that I split among family members because all of my cryptosteel was on the seastead.

Coming up with a new cold storage solution is not simple when you don't trust that your home won't be over-run. If I was thrown in jail I'd like the peace of mind that every day I'm in there I'm getting richer and richer and nobody can steal my bitcoins while I'm in there.