You don't realize how people are actually storing these things.
The pin can be a big vulnerability.
Stateheld devices are just a dumb idea for cold storage.
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And your argument is that air gapped PCs cannot be used wrong? That passwords cannot be guessed there?
My argument is that the things that can possibly go wrong with a custom setup on a PC are some magnitudes more and worse than with a dedicated hardware wallet. It's easy enough for experts to make words in such an environment. Not even talking about the casual user.