Dan Gould explains the challenges of properly backing up a Bitcoin wallet. The 12 recovery words are a useful disaster recovery tool, as they give you at least access to spend the bitcoin. However, important metadata like labels and memos, as well as advanced script features, require creating a new backup after each transaction. The backup can be encrypted and stored on a cloud server.
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Website: https://WasabiWallet.io
Blog: https://blog.WasabiWallet.io
Documentation: https://docs.WasabiWallet.io
GitHub: https://github.com/zkSNACKs/WalletWasabi
Podcast: https://anchor.fm/Wasabikas
YouTube: https://youtube.com/c/WasabiWallet

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