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The Worst Time by tarazkp

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· @tarazkp ·
$46.69
The Worst Time
<div class="text-justify">

It is after midnight, and I just arrived home from the supermarket with our Christmas food shopping. As is normally the case at this time of year, the shops are madhouses, packed with the insane and sexually frustrated. At least, this is what I imagine them to be by the looks on their faces, and the way they barge through, or stand perplexed in the isles, like they have survived the first wave of the zombie apocalypse by luck, but their luck won't hold out until the next season. 

> The best time to shop at the supermarket, is late at night. 

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23wgSA2xXaWZaW3kCry1XkRYmXfBB6eNUL6NcymQM6858bJvzRMJsPvPzvXNCZF73NHi5.png)

> But, this post is about the *worst* time.

Not to shop, but more in general. For a relevant example, a small group of crypto enthusiasts were chatting about Trezor and Ledger, and one asked what the point of having a backup unit is. Do others have the same question? It might not be that obvious, other than the convenience having one handy to restore to, but for me at least, I think it is *vital.* 

The reason is that in my own experience, Murphy's Law gets involved and says that things will go wrong at the worst possible time - technology fails when I need it the most. Or, when it is least convenient to do so. When it comes to storing crypto, it is good to be security conscious, but things also move fast, so if something happens, the difference of *all or nothing,* could be the space of minutes or hours. Having to wait *several days* for a delivery to arrive after a device failure, while helplessly watching it all happen, *would suck balls.* 

The cost of getting an extra or three is *far less* than the impact of not having a backup when needed, and having that peace of mind in knowing it is there just in case, is highly valuable. And, I am pretty sure that with Trezor at least, you can restore to different models of the device. So, for instance, if you have bought a top of the line Trezor, you can restore to a cheaper model if needs be.

![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23yTzBKhKpA8H3stv4ZY6kFrLJGyjANSJ1svPc7iYYc3PRfm2cntvf7QWW7s5cKYSuYE4.png)
 [](https://trezor.io/)

The first hardware wallet I got was a Ledger, and while I was excited, it *was crap.* It was a base model from I think 2017, and only had enough memory on it to hold two or three token apps at a time. So, to change over it meant uninstalling one to add another. All on a tiny screen, with fiddly buttons and click throughs. I got the Trezor much later, but have been really happy with it and back in I think 2021, I bought a pack of another three as backups. I have the cheapest Trezor One, but might upgrade - though I am not sure about the touchscreen versions. I don't care about looks, since no one but me is hopefully ever going to use it.

> Peace of mind.

What value do you put on yours? 

If I remember correctly, there was some development on a way to manage Hive accounts through Trezor or Ledger, and I think it wouldn't be a bad idea if it existed. For instance, I would like to be able to have my account require a physical key for certain tasks, like changing keys or powering down. It could also be extended like a credit card limit, where transactions over a certain amount in a certain period of time would require the extra authentication. This would also help with transfer of Hive assets securely, if something were to happen to me. That way, a trusted person could hold my Trezor restore, and manage my crypto holdings and Hive account, for my wife and daughter. 

> Does anyone know if this exists? If not, should it?

Perhaps most people don't worry too much about security, but for me, it is always in the back of my mind, because I know that I forget a lot of things, so any extra layers, although inconvenient sometimes, would give me peace of mind most of the time. That would be valuable. 

We all have good times and bad times and inevitably, we will also have *worst times.* If we can mitigate the risks a little and at least limit the damage by the worst moments, perhaps we will be better set to recover faster, and there is a lot of value in having a short recovery time too. 

> *Hope for the best and prepare for the worst.*

Are you prepared, or hoping the worst doesn't happen?

Taraz
[ Gen1: Hive ]



</div>

Posted Using [InLeo Alpha](https://inleo.io/@tarazkp/the-worst-time-9bv)
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vote details (496)
@bozz ·
$0.38
I bought a Ledger several years ago when I wanted to keep some tokens in cold storage.  I wouldn't buy one again.  If I had it to do over again I would probably go with the Trezor. As you said, the interface was horrible and not very intuitive.  I am sure it is doing a good job, but I just don't really like it that much.  
👍  ,
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vote details (2)
@tarazkp ·
$0.05
I plugged mine in the other day after a long time of not checking, and the screen had faded to almost unreadable. I moved off it and into my Trezor instead. 
👍  ,
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@bozz ·
Oh wow, that's not good!  I should check mine too. 
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@danzocal ·
!PIZZA
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@ducecrypto ·
> a trusted person could hold my Trezor restore, and manage my crypto holdings and Hive account, for my wife and daughter.

This is my biggest fear: that my crypto accounts and assets aren't able to safely pass onto my loved ones. The challenge is finding that right person to execute on passing along the keys without liquidating the account first. I was always curious what other people in our guild have planned for this. Some agreement to sell off all card assets back to the guild/cryptoeater for a lump sum in BTC/USDC back to the estate account. Who would even execute that? Important questions for sure! Maybe we need to appoint KoG board of directors to help with SPL estate planning. I'm open to suggestions.
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@galenkp ·
$0.31
Stews. (Just saying)
👍  ,
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vote details (2)
@tarazkp ·
I was sent to pick up plenty of casserole types. Though,I could have bought one type only and called them different things, and no one would notice.
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@indiaunited ·
$0.13
Indiaunited Curation 1734824985500
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<sub>**100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @steemflow by upvoting this comment and support the community by voting the posts made by @indiaunited.**</sub>
👍  
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vote details (1)
@krazzytrukker ·
I have had a horrible experience with the Safe-pal wallet. Not the hardware itself. But the support. I got them on sale a two for one BOGO. It felt good having a back up. They still work fine. But I have moved my several crypto holdings to the Arculus card. Great experience. Great support.
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@outwars ·
$0.33
I consider hardware wallets like physical safes. I don't really see the need for them since the money or asset is just sleeping there. I think browser wallets are secure enough if one is careful, and more versatile. Maybe the only crypto I would want a hardware wallet on is BTC, and if I have more than 1 whole bitcoin. 
👍  ,
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vote details (2)
@tarazkp ·
$0.05
Looking at the value logic, when I got my ledger, you would have said you would need 100 BTC to consider getting one. That is 10M worth now :D
👍  ,
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vote details (2)
@outwars ·
That is interesting. But yeah, I think hardware wallets are only for tokens you want to hold and not trade, and doesn't do much as an asset. Looking at it now, I don't know of any other tokens like that apart from BTC.
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@pizzabot ·
<center>PIZZA!


$PIZZA slices delivered:
@danzocal<sub>(9/10)</sub> tipped @tarazkp 


</center>
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@ryivhnn ·
$0.31
I burst out laughing and then had to read out your opening paragraph to J who then replied

> not gonna lie, that's kind of what it was like shopping

He then described to me the last grocery shopping trip he went on not too long ago XD But other than that get stuffed o'clock in the morning (which is when he goes) is apparently also a good time.

I'm still a bit clueless with the crypto stuff, J has the hardware wallets.  I'm thingi about my backups though and currently there's panic and chaos (at least inside my head) because my backup drives are going to fill up before I can get new ones aaaaaaaargh.
👍  
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vote details (1)
@tarazkp ·
I don't mind crowds. I hate shopping in crowds though. So many clueless people with no spatial awareness.

I should look into better backup systems for my photos. I keep putting it off....

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@ryivhnn ·
Yeh no don't put that off x_x
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@seattlea ·
I believe that I  don't have enough assets in crypto to warrant a hardware wallet  :)
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@tarazkp ·
What is enough?
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@shortsegments ·
$0.31
@shortsegments "This is something I have been meaning to do... # ..."
This is something I have been meaning to do...
#
 https://media.tenor.com/8ZiztyHABrEAAAAC/peden.gif 
#
I think I sold all my crypto and bought Steem when I discovered Steemit
And then I was so impressed with the secuirty of the wallet that I didn't think I needed anything. Then I sold all my Steem and bought Bitcoin, and stored it on Binances version of the Makerdao... now SKY. I got hacked and lost half my BTC... A sobering reminder of the need for security.
Thanks for the reminder 

#
https://media.tenor.com/hIIgSa-FZJgAAAAC/reminder-for-zoom.gif 
👍  ,
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vote details (2)
@tarazkp ·
$0.13
Get a Trezor for the BTC at least. Having another layer doesn't hurt.
👍  ,
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vote details (2)
@tht ·
$0.31
Before, I always prepared for the worst, which didn't help me much. Now I don't care about much, things are better than before.

We are still at the beginning of the blockchain. As time goes by, solutions to complexity and security concerns will be found.
👍  
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vote details (1)
@tarazkp ·
I feel that I have a little too much to be too complacent with it :)
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@urrirru ·
Today I was at a big market. There were noticeably more people. People are buying live Christmas trees and they are in a festive mood. I liked this cool installation from the 1960s

![](https://images.ecency.com/DQmPPW3zY1p1wEwWKwnenx9YxQbvpMNxVNFjJTn7EwduNPF/21.png)

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@videoaddiction ·
$0.29
Looks like the same with the eve of eid or eid al-adha here. Mostly, there happens a rush in sweet shops as everywhere would be closed the next day.
👍  
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vote details (1)
@tarazkp ·
It has been steadily building up for weeks now. And there are some terrible drivers who don't know how to handle traffic as well.
properties (22)
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