A Conversation with Howard Koolman - 30th July 2023: Part 9 - Hoarding Bitcoin
And yet more appendices..!
Leaky wallets as a potential solution to hoarding bitcoin, and the US Government's acquisition of 200,000 bitcoin.
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
https://www.investing.com/news/cryptocurrency-news/bis-allows-banks-to-hold-2-of-their-reserves-in-cryptocurrencies-2966647
BREAKING: Bank of International Settlements advises banks to hold 2% of reserves in Bitcoin
https://www.crypto-news-flash.com/breaking-bank-of-international-settlements-advises-banks-to-hold-2-of-reserves-in-bitcoin/
The U.S. government has a massive, secret stockpile of bitcoin — Here’s what happens to it
https://www.cnbc.com/2021/12/19/what-the-us-government-does-with-its-secret-bitcoin-stockpile.html
The U.S. seized a record $1 billion of bitcoin a year ago. Its value has tripled.
The price of Bitcoin has soared in the year since the U.S. government seized thousands of bitcoins in connection with the illegal Silk Road marketplace.
https://www.nbcnews.com/politics/justice-department/us-seized-record-1-billion-bitcoin-year-ago-value-tripled-rcna7574
"How Does Tangem Wallet Work?
Tangem works differently than traditional hardware wallets. In the simplest terms traditional hardware wallets are essentially mini computers that store your private keys and give you a small screen to verify information for transactions. They also feature a recovery seed phrase in case your wallet is lost or otherwise compromised.
The Tangem wallet is the size of a credit card and uses NFC to confirm crypto transactions on your smart phone. That’s it. No recovery seed phrase, no battery or cables to speak of. You just tap and go.
This streamlines the traditional crypto securing process significantly but also opens up some potential dangers. For instance if you lose your physical Tangem card then your crypto is gone."
https://www.cryptovantage.com/best-crypto-wallets/tangem-wallet-review/
"Exodus Cryptocurrency Wallet Review
A cross-platform, multi-cryptocurrency wallet with excellent customer support"
https://www.investopedia.com/exodus-wallet-review-5221908
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