here is the part on which you lie on private keys being breached
"The problem with cold wallets lies in their very purpose: holding the private key. The government, with near-infinite resources, has tools in forensic labs to extract all private keys on these devices in seconds. And, if a very sophisticated and costly cold storage machine is being used with very high encryption (like an air-gapped computer), while a person may sit in jail, unable to transfer funds, the encryption on the wallet could age in relevance to decryption technology. It is just a matter of time before the government will breach the wallet and access the private keys."
btw the safest means of storage is a paper wallet in many pieces
also noone should ever store any significant amount on any mobile device especially not anything android based
the most secure tried and tested hardware wallet is trezor
https://trezor.io/
better to stick with old reliables than taking a chance on at best an incompetent development team at worst scammers with backdoor protocols
Alright, not sure which part of this you don't understand.
The private key is NOT being cracked. Cold storage, which contains the private key, is being hacked. Once the cold storage is breached, the privaye key is exposed.
Again, the Bitcoin network is not being compromised. Hardware wallers used to store it can be. Even Bitfi, the hardware, can be cracked. However, it does not store the private key so there is nothing to take.
you dont understand
paper wallet = cold storage impossible to hack
for hardware confiscation is needed and using a handheld device is the lowest security with the highest risk for loss/theft