Bitcoin Storage At St James’ Safe Deposit

Bitcoin Storage At St James’ Safe Deposit

Bitcoin is a cryptocurrency that uses a private key for security purposes. Bitcoin users often keep these keys on devices such as USB flash drives (away from their network). St James’ Safe Deposit is the ideal place to store these flash drives in one of our safe deposit boxes to ensure they are stored safely and securely. Unlike the gentleman mentioned in the linked BBC news story below, who inadvertently sent the private key for Bitcoins worth millions to landfill.

http://www.bbc.co.uk/news/uk-wales-south-east-wales-25134289

The article linked below appeared on The Daily Telegraph website and explores storage issues for Bitcoin owners.

http://www.telegraph.co.uk/technology/internet-security/10564205/Worlds-first-bitcoin-storage-vault-opens-in-London.html



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