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<p>[QUOTE=&quot;medoraman, post: 1875365, member: 26302&quot;]SPeaking of the whole Mt Gox thing, I was reading a prety funny story yesterday. The story was about the growth of bitcoin vaults. No, its not a virtual database storage service, they physically print out the bitcoin keys and store them, on paper, in a physical vault. They say this is being done because it is simply way to dangerous to key bitcoins online, because of the massive thefts happening.</p><p><br /></p><p>So.......let me get this straight. You invent a virtual currency to facilitate online commerce and usher in a &quot;new age&quot; of money, yet you now have to physically store them because its way too dangerous to keep them online. So a bitcoin, (random series of numbers), is now being stored in vaults like its a bar of gold or something? The repurcussions of this article simply left me bewildered. If it can&#039;t be online, what is the value of these random series of numbers again?????[/QUOTE]</p><p><br /></p>

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