Every electronic piece of data I care about is stored on this one little , easily misplaced , piece of equipment . That defeats the purpose of " backing something up " if my backup is actually my only storage unit . duh .

Question: How does the narrator feel about their back up situation .
Answer: It is the epitome of " backing something up " ?They feel it is ridiculous .They care a lot about it .They feel it is hard to misplace .