My father told me he wanted to make USB flash drives of all the scanned and digitized family photos and other assorted letters and mementos. He planned to distribute them to all family members hoping that at least one set would survive. When I explained that they ought to be recipes to new media every N number of years or risk deteriorating or becoming unreadable (like a floppy disk when you have no floppy drive), he was genuinely shocked. He lost interest in the project that he’d thought was so bullet proof.
Paper tape would probably work, as long as you could find a reliable reader for it. I’m actually old enough to have used it and the readers often had problems. Getting rid of the mechanical aspects of the reader and replacing them with light sensors would go a long way toward fixing that.
Paper doesn’t last, is hard to store, and the information density is miserable.