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RE: Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.
I believe that in big majority of cases is the owner fault for being robbed, not the fault of technology. Even a paper wallet can be highly secured if is done properly. You can always split and encrypt private keys in such manners that you are the only one who knows how to restore them as a full key...
Not quite.
Governments have enough resources to extract the BTC from cold wallets. Hence, so much BTC is auctioned by federal agencies.
As for splitting paper keys, there's added risk exposure of them potentially being lost or discovered by others. The vulnerability against the government and quantum computers would by unhinged.