Earlier quoted context omitted.
I disagree, I believe TOTP belongs firmly in the "something you have" category. You cannot memorize TOTP password, nor you can store in your password manager. You also cannot pass that knowledge to another person. So this is more like a public key than a password. Ultimately, everything is "permanent, unchangeable secret", including private key and biometric data. Where the data is stored and how is it accessed makes…
> nor you can store in your password manager Some 2FA apps also allow you to back up your codes to a cloud service.
For example, you can put your spare house key under doormat. This effectively makes a lock on your house door require "something you know" (you need to know where the key is stored).
However, that does not mean that we can say that all keys are "something you know". The fact that many people decided to compromise their security does not reflect on other intended use of locks and keys.