Comment by stephenr

> adds risk (what if you lose it)

Lose what exactly? Decent 2FA setups make you confirm you've recorded a set of backup codes somewhere (they often recommend print and store in a safe, I find a secure note in a password manager works well) before activating it.

Furthermore plenty of TOTP applications offer secure backup and syncing features.

So again, what specifically do you think you're going to "lose"?