$10 Billion In Bitcoin Stored In Bunkers Around The World

A wealth management group has build secure bunkers on five different continents to hold private servers that keep the keys of over $10 billion in Bitcoin.

(Source)

The richest of the rich are finding new ways to secure their wealth and they are doing it without banks. 

In an article on Bloomberg about the wealthy hoarding Bitcoin in bunkers, they discuss a new company that is basically burying cold storage devices in secure spots with tons of safeguards. 

Check out the article here. 

Being able to secure your coins is the most important thing you can do. It is understandable that the super rich want to find ways to secure their investments.

The amazing thing, is that this company is holding about 7% of all Bitcoin holdings. These are tokens that are not going to be sold any time soon. How much is really being circulated and how much is stored?

The investors and the company making the bunkers, both agree that there is a real threat against their Bitcoin or they would not go to such extreme measures.  

As the need and use of crypto increases in the future, there will be tons of new businesses  that spring up around the new currencies. If you are looking at starting a business, think about what the crypto world will need and build a business to fulfill that need. There is a lot of opportunity with cryptocurrency and around crypto.

I just hope we don't need the bunkers any time soon.

What are your thoughts of the growing need for businesses that deal with cryptocurrency? Let me know in the comments below.

Thank you for reading.