Advice Request Authy - What are the negatives / downsides / cons / pitfalls?

Please provide comments and solutions that are helpful to the author of this topic.
Authy is highly regarded and advocated by the likes of Davey Winder amongst others. If you want to be ultra-secure, the recommendation is to set it up on all your devices and then turn on the setting which prevents any other new devices being added.
 
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