I just realized that MtGOX has opened the doors for a completely new business models named "certification" of "insurance". This can be considered a good thing since we learn from the bad moments.
CertificationIsn't it time for a company with indepth knowledge of how to run a company that stores ginormous amounts of bitcoins to pop up.
This company can offer certification to companies willing to confirm to strict policies and procedures in handling bitcoins.
Companies like Bitstamp, Btc-e, Blockchain could then allow themselves to be certified so they can present the certification on the site.
This way we can trust that our bitcoins are safe if we use their services.
InsuranceInsurance amounts to nearly the same thing. A company willing to bail either "certified"companies handling Bitcoins.
Or personal insurance where you can get bailed out if a Bitstamp or BTC-e goes down like MtGOX did.
For X mBTC per month they insure you for Y BTC if a bankruptcy claim comes through and you can prove your BTC got stuck there.
Bitcoin banksCompanies storing and guaranteeing safe storage of wallets. You send password secured offline wallets through an SSL connection to that company.
Company stores it in some sort of vault and makes sure nobody can steal your coins.
Also providing retreival services where you request your wallet back and the wallets get streamed back once lifted from cold storage.
etc.
So HODL is good since we are really very early adopters. The technologies and companies are yet to come.
PM me if you want to buy the rights off me