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Fully insured bitcoin storage. Would you use it?

1 points by wollit ↗ HN
A service which accepts bitcoin deposits and holds them for you securely. Fully insured and guaranteed. Instant withdrawals.

Supposing you were happy with the guarantees & underwriting. Would you use it?

4 comments

[ 3.2 ms ] story [ 14.9 ms ] thread
Metatron
I think this is a necessary next step for Bitcoin. So yes.
lmm
No, because it doesn't protect me from the volatility of bitcoin itself.