31 Mar '14, 9am

Netagio, A ‘Cold Storage’ Bitcoin Vault, Adds The Ability To Trade BTC For Gold Bars (Or Vice Versa)

Keeping Bitcoin safe isn’t easy. If the wild currency fluctuations don’t get you, then it’ll be the exchanges going pop in the night and taking a chunk of BTC with them, or the myriad digital wallets whose security systems failed to fend off the hacker hoards lured by all that traceless digital coin… The brave new world of crypto-currencies is undoubtedly a veritable Wild West of risk. So why not convert your Bitcoin into gold bars? European Bitcoin storage startup Netagio — which launched its cold storage Bitcoin vault offering back in January, mitigating the risk of holding BTC by keeping most of the coin offline in a secure vault — has extended its service to let customers trade their Bitcoin for gold bars, and park their potential risk/reward. Or, and here’s where it get’s all Wild West again, vice versa: Netagio is offering to ingest your gold and spit back some Bitco...

Full article: http://techcrunch.com/2014/03/31/bitcoin-to-gold/?ncid=rss

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