Just remembered that I have written the recovery seed phrase of my Electrum on a piece of paper somewhere in my place. I'm wondering what could go wrong since my place isn't too secured. How about trying to memorize it? Is it possible?
How am I supposed to know this? It may be possible for me to memorize a whole text book, but that might not be the case to you. It's best that you find the most suitable ways to adapt to the system of being your own security.
Would you try?
What are the benefits? ... and the setbacks.
Yes... I'll definitely memorize them. Benefits? Well, that's just about you being on the safer side. The big setback is life itself; if anything happens and you lay down lifeless, that's the end!