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Showing 5 of 5 results by WineAndWhiskey
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Board Announcements (Altcoins)
Re: [XDN] DarkNote [ANN]. duck goes Dark.
by
WineAndWhiskey
on 19/09/2014, 19:20:34 UTC
Wow looks great! Good luck! DarkDuckNote to the DarkDuckMoon!
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Topic
Board Bitcoin Discussion
Re: Visited my first Bitcoin ATM in Chicago today
by
WineAndWhiskey
on 17/09/2014, 13:45:09 UTC
This is a two-way machine (can buy and sell Bitcoin) and it is located at Cassava in Chicago: 3338 North Clark Street Chicago IL, 60657. They accept Bitcoin and make amazing empanadas and smoothies if you are able to make a visit.
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Topic
Board Service Discussion
Re: Coinbase Insured
by
WineAndWhiskey
on 31/08/2014, 21:20:24 UTC
wonder if by "online storage" they mean the percentage they keep available to trade (didn't they say this is like 3% or something?), or their cold storage wallets.

Good catch! According to their security page https://coinbase.com/security:
Up to 97% of customer funds are stored offline
AND
Funds not stored offline are covered by insurance
So yeah, only hot (online) storage is insured.
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Topic
Board Bitcoin Discussion
Re: How would you store >100 Bitcoins?
by
WineAndWhiskey
on 31/08/2014, 21:13:49 UTC
These sound like highly complicated methods to storing BTC.
How is the average person supposed to adopt a system like this?

Because some business will take a highly complicated method, wrap it in some nice easy to use package - and sell it to the average person.
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Topic
Board Bitcoin Discussion
Re: Why There Should Be A Bitcoin Central Bank
by
WineAndWhiskey
on 31/08/2014, 21:05:10 UTC
This is just embarrassing... Total ignorance of the problem satoshi was setting out to solve.

It's an op-ed piece, i don't think it reflects the views of Forbes...