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The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers via @bloomberg

According to Bloomberg, “Argentine entrepreneur Wences Casares has spent the past several years persuading Silicon Valley millionaires and billionaires that Bitcoin is the global currency of the future, that they need to buy some, and that he’s the man to safeguard it. His startup, Xapo, has built a network of underground vaults on five continents, […]

By Chris Tsiolis · May 9, 2018
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers via @bloomberg

According to Bloomberg, “Argentine entrepreneur Wences Casares has spent the past several years persuading Silicon Valley millionaires and billionaires that Bitcoin is the global currency of the future, that they need to buy some, and that he’s the man to safeguard it. His startup, Xapo, has built a network of underground vaults on five continents, including one in a decommissioned Swiss military bunker.”

Read the Full Story on Bloomberg