Losing all your cards will result in losing your funds. Only your cards can give you access to the wallet. The number of cards you have in your backup determines how many copies of your private key exist.
Therefore, we recommend storing your cards in different places. If one card is lost or stolen, you can buy a new set of cards and transfer funds to it.
However, if you set up your wallet with a seed phrase and lose all the cards in the set, you can restore your wallet to another wallet using the exact seed phrase.
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