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Lumifer comments on Open thread, July 21-27, 2014 - Less Wrong Discussion
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Safe deposit boxes also store a number of other documents securely, such as passports, title deeds to property, birth certificates, etc. In addition to any jewelry or whatever with large cash value, if you have any.
Nowadays most paper documents are just a convenience (or an inconvenience). What really matters is the proper entry in some database in the cloud.
Replacing a missing passport, title deed, etc. is neither hard nor expensive.