Well, then their statement is wrong as they say that there is nothing to write down. What is the meaning of this then? Not saying it's bad, just don't understand the practicality about it.

As of today you need:

1. Your master password
2. Your binary file OR your magic word sentence

With them you need

1. Your master password
2. A QR enabled phone
3. A third-party service to rely on

Even though I've heard that even if they go down, you will be able to access the services, but it seems like a step in the wrong direction since BitShares and most cryptocurrency is so we don't have to rely on another party for accessing and managing our own money and assets.