The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
bloomberg.com
The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
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Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#2 “You couldn’t pay me to keep it with a bank.”
Oh wait, that's cryptocurrency startups...
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#3“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
Forgot Cyprus? it was only 5 years ago.
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#4“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
If you don't hold the keys, you don't own the money!
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#5“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
Well the entire point of crypto is not relying on centralised institutions.
Also, Bitcoin is not a startup.
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#6“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
Lehman Brothers
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#7“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
Two things they are known for;
Not allowing very large balances to be withdrawn at once.
Complying with asset freeze orders.
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#8“You couldn’t pay me to keep it with a bank.” Because if there's one thing banks are known for, it's running off with client assets suddenly and without warning. Oh wait, that's cryptocurrency startups...
I guess you weren't around in 2008.
Oh remember those securitized mortgages we sold you? Yeah, they're worthless now. By the way we bought insurance on them becoming worthless, because we were pretty sure this would happen when we sold them to you.
Re: The Wealthy Are Hoarding $10B of Bitcoin in Bunkers
#9so btc was part of this crazy fake news narrative all along or is this just being made up on the fly and this is your regular click bait churn that is the new norm in journalism?
the writing on this has all the telltales of a unresearched fakenews/paid advert, e.g.: "Hackers have also proven adept at setting traps on computers to access cold-storage devices the moment they’re online. More traditional criminals have committed home invasions and kidnappings. Some Bitcoin tycoons have resorted to hiding their identities, fortifying their homes and studying self-defense." ...and that's not a crazy person being interviewed quote, this is the author saying.