Why not just have an encrypted wallet file that you backup remotely? I wouldn't trust myself to not lose the hardware, or the hardware to continue functioning indefinitely. Just use a strong passphrase that you can memorize.
>Given that Coinbase is down, a hardware wallet in this case would probably be a lot faster...
Other exchanges will be faster in any such case. Coinbase is almost always unstable or down during price crashes.
Re:Coinbase is down
by TTPrograms on Monday June 12, 2017 @08:07PM
(#14542116)
Why do you want to convert to USD fast? If you're concerned about such short time movements in price it's probably not an asset you want to have a lot of money in...
(1) I want to be able to get my currencies into USD FAST if needed. (given that Coinbase is down, a hardware wallet in this case would probably be a lot faster FWIW)
(2) I'm not entirely sure I trust myself to not lose the ledger and paper phrase more than I trust Coinbase or other online wallet.
Somebody convince me otherwise?