Secure Bitcoin Storage
Wences explains the unique security measures in place for Bitcoin storage, emphasizing the use of offline servers housed in a military bunker under the Swiss Alps. He highlights that while the initial setup is costly, the ongoing operational costs per transaction are minimal. Additionally, he shares insights on their revenue model, which includes a 1% fee for buying and selling Bitcoin, while transfers remain free for users.In this clip
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Wences Casares on Bitcoin and Xapo
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