Bunkers for the Wealthy Are Said to Hoard $10 Billion of Bitcoin

Bloomberg
Bloomberg
May 9, 2018 · 6 min read
Image for post
Image for post
Xapo has a network of underground vaults on five continents. Photo: Fabrice Coffrini/AFP via Getty Images

By Tom Metcalf

Behind the guards, the blast doors and down corridors of reinforced concrete, sit the encrypted computer servers — connected to nothing — that hold keys to a vast digital fortune.

Argentine entrepreneur Wences Casares has spent the past several years persuading Silicon Valley millionaires and billionaires that…

To keep reading this story, get the free app or log in.
Read the rest of this story with a free account.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store