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Now Bitcoin Billionaires also have their safe, underground bunkers protected with a high level of security. The private, cryptographic keys need to exists as ones and zeros on actually computer memory.
The bunkers are run by a startup known as Xapo, founded by Argentine entrepreneur Wences Casares who has spent the past several years persuading Silicon Valley millionaires and Bitcoin billionaires that these assets need advanced protection.
According to an article by Bloomberg, The bunkers are filled with computer servers that are entirely disconnected from the internet and any other sort of computer network. The company does not actually store BTC, which exists on the public, distributed ledger known as the blockchain. Rather, the vaults store the private, cryptographic keys used to lay claim to particular Bitcoins.
The servers are guarded by people, as well as...
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