> You could store passphrases in a hardware wallet in a bank vault in a small European country.

A little bit of irony here having to store your crypto related stuff at a bank to keep it safe.

Not all bank vaults are in banks, here's the basement of a prog rock musician and his wife's house (a former bank(?)) .. https://www.youtube.com/watch?v=CM6iqwcyC1A

Physical security for digital credentials is the main point here, that doesn't always imply a regular bank, many modern banks lack the bank vaults of yore in any case.

Tangentially, avoid showing up unannounced at grandparents house: https://www.youtube.com/watch?v=oZZmFG07OVs

Yes, ironic. But, of course, nothing in this attack has anything to do with blockchain or crypto per se. They could have been torturing someone for the password with access to the bank's old school accounts or safe deposit box.

And in the "socialist" Big Government over-regulated hellscape of Europe no less.

I would have thought one of those libertarian seasteads or enclaves would be axiomatically the best place for such things?

That won’t stop you from being tortured. You need to make sure nobody knows you have cryptocurrency

Hard to do when they’re potentially getting info from exchanges.