03 Mar '13, 12am

The party ultimately responsible for your funds is…the government. No thanks! #Bitcoin #p2p #OpenSource #CoinLab

The party ultimately responsible for your funds is…the government. No thanks! #Bitcoin #p2p #OpenSource #CoinLab

Coinlab is also working on getting your data insured against loss. Lloyds of London has yet to finalize an insurance agreement with Coinlab. With storage insurance, Coinlab will then bring BTC mainstreamer. According to Vessenes, “Our deal with Mt.Gox means we just picked a retail customer but I care very much about the needs of the institutional investors.”Coinlab’s strategy page has a nifty life action chart of Bitcoin liquidity featuring a buy and sell button. The company will also work on alerts to their customers regarding big price swings. “Coinlab’s deal with Mt.Gox is great for Bitcoin liquidity in the US and Canada. It’s nice to see more formalized channels emerging here for Bitcoin FX. This is the start of many terrific things for Coinlab and the global FX market is $4 trillion but we still have a long way to go,” Joel Yarmon of Draper Associates, who invested in...

Full article: http://silvervigilante.com/coinlab-repatriates-funds-to-u...

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