the best secured accounts are legion.
there’s no way to claw the funds back or demand a refund.
Image Source
Cold storage in the context of Bitcoin refers to keeping a reserve of Bitcoins offline. This is often a necessary security precaution, especially dealing with large amounts of Bitcoin.
Methods of cold storage include keeping bitcoins:
- On a USB drive or other data storage medium in a safe place (e.g. safe deposit box, safe)
- On a paper wallet.
- On a bearer item such as a physical bitcoin.
- Use a offline Bitcoin Hardware wallet.
Source
Deep cold storage, however, is a type of cold storage where not only are bitcoins stored offline, but also the system that holds the bitcoins were never online or connected to any kind of network.
The private keys associated with that system were generated in offline systems, and the signing process of the transactions is also made in offline systems.
The systems used in this type of storage never touch the Internet; they are created offline, they are stored offline, and they are offline when signing transactions.
That’s why I stored my bitcoin in the Secret Xapo Swiss Mountain Bunker, that stores bitcoin is a juicy target for hackers with paranoiac levels of security.
Image Source Server racks for banks, and any client who needs secure data processing, fill a cavity dug over 320 meters deep in the granite mountain.
The Swiss military built the facility in 1947, and it served as the army’s secret headquarters during the Cold War, Agence-France Presse has reported.
Inside, walls covered with detailed maps and ancient radio electronics serve as vestiges of its military past.
Inside the bunker there are:
- Operators’ Room.
- Cold Room.
The cold room is encircled with steel slabs to form a faraday cage / a barrier / that protects against a possible electromagnetic pulse (EMP) attack that could wipe out the data / and thus the keys to the bitcoin / stored in the room.
For digital assets like bitcoin, thick walls and a secret location are not enough. A shield against invisible modes of attack like an EMP bomb must be provided for.
I read a article that Swiss are in big business building lots of those bunkers.
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You are right..
But I love only this one, because my bitcoin is inside..
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That bunker is amazing. Going to have to look into the fees and see if something like this makes sense.
Big question, how quickly can you get your coins when you want to sell?
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Few minutes..
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Then it's totally worthwhile. Was expecting a few days to be the answer.
BTW, Thank you for your continued efforts sharing information. You are part of my daily reading. Don't always have enough voting power to reward your efforts as I tend to vote for a lot of minnows, but when I have excess power you get my votes.
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Thanks for the info , a great place to store your bitcoin paper wallets, one piece of the wallet in 4 different vaults in countries that do not have good relations with each other be best security. Dont want the 4 states to colude and get your bitcoins
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That military bunker is pretty thick! I do believe you are correct in your thought that cold storage is the best place to store your coins!!
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Thanks for support..
Watch the video when you have time..
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How in the world did they carve out the granite in the mountain? The depth they go through for security is important and incredible! A 4 ton door also! Wow
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Yes it is incredible, Mate..
This is only location that I trust..
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Was that you filming that?? That would be an awesome 'field trip'!
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No..
But I will visit a.s.a.p
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It sounds and looks like an interesting place, which I really would like see with my own eyes. 👀
Thanks for sharing this information!
your @mynaturebody 🌱
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Thank for support
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You are welcome!
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Goldmoney is also vaulting Crypto and collecting fees.Their stock has been exploding. All Time highs this week. If bitcoin is going to 100,000 then goldmoney stock is going to 10 bag minimum.
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. WhalePower developed a new fan and wind turbine blade design using Tubercle Technology. This was inspired by the flippers of humpback whales, which have tubercles or bumps on the leading edges.........as iknow
thanks for sharing this valuable post
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I love your creativity. It's amazing.
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You don't believe that how much you are useful for us because you are giving interesting post's every day. I love the way you are sharing your knowledge with us. Keep sharing such posts with us. :)
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Probably the most secure place for BTC would be Fort Knox, they have enaug space :)), cheers!
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How many reasons do you have in this post dear friend @hilarski, I totally share your words, many arrive thinking only about the money that can be earned, without thinking about the sacrifice and commitment that is being here.
Thank you very much for sharing these tips.
I wish you a great day
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that's pretty cool to know, thanks for the tips by the way..
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This post has received a 3.12 % upvote from @booster thanks to: @lordoftruth.
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This is very important to keep safe your cryptos for long :)
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I think about old time with bungker place to save our money with modern world right now, I mean blockchain system as modern bungker @lordoftruth.
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This is NEO's bunker?
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It is very informative and educative valuable to know how safe transfer in bitcoin.Nothing can't interference anyone personal account.That is very good.I hope the next era will more depend on cryptocurrency
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Outstanding bunker, this is a very secure storage wallet. Thank you for sharing @lordoftruth
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This is a really good post.
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This post is so informative. Thank you for share.
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