I'm learning towards the wallet, since the cards are hard to replace (and I'd probably forget the exact contents until I actually NEEDED one of the cards)
All of my data is either expendable (can be retrieved/generated again, with a bit of work) or backed up in more than one location. That's not to say that if my shelf of computers went up in flames that I'd be jumping around the next day like nothing happened, of course... the impact of the "temporary" loss could end up being quite significant...
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