First Bitcoin vault?

[bobdude17]

http://btcglobal.net/products/btcoinsafe

Only the paranoid survive. If only you could bury your bitcoins underground to stay safe from hackers, keyloggers, and rotten luck.

Opening your BTCoinSafe account:

Creates a laser-engraved crystal wallet.
Secures the crystal wallet in an indestructible medium.
Deposits your wallet in the deepest reaches of a retrofitted high-security prison.

You can check your balance whenever you want on bitcoin's public accounting ledger, the blockchain. And to add funds, just send them to your BTCoinSafe public address. Withdrawing funds takes a bit more time—wallets are only accessed in an isolated panic room under a stringent protocol with your authorization.

At intervals, we'll contact you to see how you're doing. If you fail to respond several times, we assume the worst, shut down your account, and send your bitcoins to other public addresses specified at the creation of your account.

Laser-engraved crystal wallet? That's more like it.

[BitshireHashaway]

Intense... I would get something like that but I would spend more than the bitcoins I have in order to purchase that ... I definitely see the importance of bitcoin security though and support people trying to increase it.

[dillpicklechips]

It sounds really good. But if it become popular it would also be a very high risk target. If a robber ever managed to get into the place it would be disastrous. It makes me wonder if a paper wallet that's hidden very well in multiple locations is perhaps more secure? 

[Chakraball]

Another thread started by bobdude17 plugging btcglobal, if I was a really cynical person I could be forgiven for thinking he was connected to btcglobal, perhaps even an alt of Vlad.

https://bitcointalk.org/index.php?topic=198805.0

[threeip]

Status: In Preparation
Progress / Completion: 45%

Waiting on the laser, the crystal, the prison and the panic room.

It just needs sharks, a drone, Trendon and Satoshi, and it would have all the buzzwords!

[bobdude17]

Another thread started by bobdude17 plugging btcglobal, if I was a really cynical person I could be forgiven for thinking he was connected to btcglobal, perhaps even an alt of Vlad.

https://bitcointalk.org/index.php?topic=198805.0

I'm really just excited. Like I thought other Bitcoin users would be if they saw the new developments I was stumbling across. When I read about a service offering laser engraved crystals and panic room access, and wanting to turn Uruguay into a Bitcoin Switzerland, and everybody is still talking about the Coinbase news or something, I can't help but post.

I think BTC Global might be the next big thing, and I really don't think they will need my help to advertise.
I understand that this can look like I'm plugging them.

[threeip]

When I read about a service offering laser engraved crystals and panic room access,

Other products include;
BTCXperts - LinkedIn for Bitcoin
BitBilly - '0% complete' payment processor
BTC.UY - Order Matching Engine, should be named Order Matching Generator or Order Matching Fiscal Grid...

We have a close relationship with the Uruguayan financial sector and government. While trading platforms continue to close for failing to jump through legal hoops, those managing the rules in Uruguay hold us by the hand and make sure we're doing everything right

After months of negotiations, Uruguay capitulated to OECD and Argentine demands to end bank secrecy

ANTEL, a telco company owned by the government, is the only ISP to provide ADSL service since it enjoys a monopoly in the basic telephony area. Other ISP use other technologies, such as radio, to get to customers.

[keatonatron]

I don't know why anyone would need that, no matter how much money they are trying to keep safe.

Just put your secret key in a safety deposit box. Write down your key after changing something that's easy to remember (for example, change all the e's to a's, and all the a's to e's). It'll be easy for you to change it back to withdraw, but if someone were to steal it it would be worthless to them. Keep multiple copies in a few different safety deposit boxes and you're golden  

The "automatically forward if you don't hear from me" function is a good idea, but if they can access your account if they don't hear from you, is it really all that secure?

[wachtwoord]

When will the vast armies start to surround Uruguay? 

[fizzisist]

Why would you go through all that trouble for security, but allow these people to have full access to your wallet? Buy your own engraver and bury the "wallet" in your backyard!

http://www.amazon.com/Dremel-290-01-Stroke-Engraver-Template/dp/B0000302YN

[threeip]

diamondcrystallasersharkpanicprison!

[bobdude17]

Why would you go through all that trouble for security, but allow these people to have full access to your wallet? Buy your own engraver and bury the "wallet" in your backyard!

http://www.amazon.com/Dremel-290-01-Stroke-Engraver-Template/dp/B0000302YN

I think because having your money in a bank gives you plausible deniability. If someone sticks a gun in your face or the face of a loved one, you don't have access to that money. You could deter would-be attackers by making it public knowledge your savings are stored safely away in Uruguay or wherever.

[threeip]

The banks are the guys with the guns. Also, "your savings are stored safely away in Uruguay or wherever", 

[Chakraball]

So you're ready to put your money into a company that doesn't have a real address and isn't registered anywhere because they have a "good website".

[greyhawk]

So you're ready to put your money into a company that doesn't have a real address and isn't registered anywhere because they have a "good website".

No no no, they HAD adresses, but they removed them after I made fun of the ghetto hovels they lived in.

[Geez]

If this website was 100% legit and I had like 1000 BTC I would consider storing some money there.

[crazy_rabbit]

http://btcglobal.net/products/btcoinsafe

Only the paranoid survive. If only you could bury your bitcoins underground to stay safe from hackers, keyloggers, and rotten luck.

Opening your BTCoinSafe account:

Creates a laser-engraved crystal wallet.
Secures the crystal wallet in an indestructible medium.
Deposits your wallet in the deepest reaches of a retrofitted high-security prison.

You can check your balance whenever you want on bitcoin's public accounting ledger, the blockchain. And to add funds, just send them to your BTCoinSafe public address. Withdrawing funds takes a bit more time—wallets are only accessed in an isolated panic room under a stringent protocol with your authorization.

At intervals, we'll contact you to see how you're doing. If you fail to respond several times, we assume the worst, shut down your account, and send your bitcoins to other public addresses specified at the creation of your account.

Laser-engraved crystal wallet? That's more like it.

I'm already doing it:

https://bitcointalk.org/index.php?topic=197793.0

Bitcoin Private Keys in Diamond. :-)

BTW: OP that link looks ridiculous. I wouldn't trust it for a minute. They say for example they will check on you regularly and if you don't respond they will send your bitcoins somewhere. Which means they can send your bitcoins anytime. Which means you're gonna get f*cked. 100% guaranteed.

AND Crystal isn't indestructible. It's glass. It breaks pretty easily.

[greyhawk]

http://btcglobal.net/products/btcoinsafe

Only the paranoid survive. If only you could bury your bitcoins underground to stay safe from hackers, keyloggers, and rotten luck.

Opening your BTCoinSafe account:

Creates a laser-engraved crystal wallet.
Secures the crystal wallet in an indestructible medium.
Deposits your wallet in the deepest reaches of a retrofitted high-security prison.

You can check your balance whenever you want on bitcoin's public accounting ledger, the blockchain. And to add funds, just send them to your BTCoinSafe public address. Withdrawing funds takes a bit more time—wallets are only accessed in an isolated panic room under a stringent protocol with your authorization.

At intervals, we'll contact you to see how you're doing. If you fail to respond several times, we assume the worst, shut down your account, and send your bitcoins to other public addresses specified at the creation of your account.

Laser-engraved crystal wallet? That's more like it.

I'm already doing it:

https://bitcointalk.org/index.php?topic=197793.0

Bitcoin Private Keys in Diamond. :-)

BTW: OP that link looks ridiculous. I wouldn't trust it for a minute. They say for example they will check on you regularly and if you don't respond they will send your bitcoins somewhere. Which means they can send your bitcoins anytime. Which means you're gonna get f*cked. 100% guaranteed.

AND Crystal isn't indestructible. It's glass. It breaks pretty easily.

But dude, LASERS! LAZORRRRS!

[Mike Christ]

Couldn't you just print out the private addresses and, I dunno, laminate it, and keep it somewhere safe?    This all seems excessive, albeit really cool.

[bobdude17]

So you're ready to put your money into a company that doesn't have a real address and isn't registered anywhere because they have a "good website".

I'm not about to put my money anywhere. I'm just watching the new developments rise. I could care less about arguments for or against Bitcoin banking, personally I prefer my own methods of keeping them safe. I am just observing this because I know other people will want vault banking like this, rich people who are used to the idea of secure offshore holdings, and would be impressed with laser cut crystals stored in converted maximum security prisons or whatever.

You have to admit, if this turns out to be legit, it will be pretty big news. Agreements with the Uruguay government and all that. It's another notch for Bitcoin. All I'm sayin.