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Today, most people know Bitcoin by its iconic physical, minted counterpart. The image of this Bitcoin coin plays an important role in communicating Bitcoin’s unique position as a decentralized, virtual currency that is giving consumers more control over their money.
Now, the company that created the iconic Bitcoin commemorative coin, the American Open Currency Standard (AOCS), in partnership with Rearden Metals Singapore, is following up on its key accomplishment with Cold Storage Coins™ – a unique way to protect bitcoin and other cryptocurrencies from hackers while making cryptocurrency easily accessible to newcomers.
Precious Metals Experts
The graphic elements of the original Bitcoin commemorative coin, which features an interpretation of the Bitcoin symbol integrated with digital circuitry and the text, “bitcoin*digital*decentralized*peer-to-peer,” speaks to AOCS’ unique background in digital technology and precious metals as it takes on the new role of making Bitcoin more secure.
The release of Cold Storage Coins™ couldn’t happen at a better time. Cryptocurrencies are plagued by challenges, such as hacked wallets, forgotten passwords, exchanges going bankrupt and hardware backups failing. Cold Storage Coins™ eliminate many of these risks.
Cold Storage Coins™ store digital currency with a high level of security and accessibility. Available in investment-grade silver, copper and gold, each Cold Storage Coin has a unique wallet ID and laser-etched private key, concealed beneath the best possible tamper resistant holographic film.
Unlike online hot wallets, Cold Storage Coins™ are offline, distancing them from hackers. And unlike paper wallets, the metal coins are flood proof, corrosion proof and fireproof up to 1700F!
Cold Storage Coins™ also address the issue of lost keys. Deeply etched with state-of-the-art laser technology, the engraved data is unaffected by floods and common fires. Being made of noble metal, the coins are not likely to be discarded like paper or old computer hardware. Each coin is laser etched with a unique QR code which can be scanned by a mobile device for fast loading and redeeming.
As precious metal market leaders, Rearden Metals Pte. Ltd. will manufacture Cold Storage Coins™ in copper, silver and gold in Singapore, and market them through existing sales channels to retail and wholesale customers worldwide. Buyers for the first time will have a chance to hedge their cryptocurrency risks with a physical precious metal investment.
Alternative Currency Advocates
Founded by Rob Gray in 2007, the AOCS works with community leaders, Native American tribes and small businesses, uniting regional barter networks into a national movement, and has distinguished himself as a leading advocate for alternative and complementary currencies.
In August 2012, Gray testified before U.S. Congressman Ron Paul’s final Domestic Monetary Policy Subcommittee hearing on “Parallel Currencies: the Roadmap to Monetary Freedom.” Gray testified as an expert witness on silver, copper and gold currency systems.
Gray told the subcommittee that “community currencies have sprung up across Europe as the euro and other national currencies have become unavailable and undependable. Community currencies also circulate widely in the U.S.,” he said, noting that “there are 400 to 600 community currencies in circulation. These currencies must deal with the possibility of counterfeiting, fraud, scarcity, acceptance, accounting, storage and other issues, all without the luxury of government ensuring their success.”
The guiding light, Gray said, is the mutual exchange of value.
“Complementary currencies are not new in law or in practice,” he told the subcommittee. “What’s new is the public’s apathy toward the Federal Reserve and its policies.”
[embedded content]Gray also advised the lawmakers to “leave the legal tender laws alone.” No law prohibits anyone from minting coins, engaging in private barter or even trading digital assets as a medium of exchange. “All I ask is that you stay out of the market’s way,” he told the subcommittee.
A Unique Opportunity
Now, for the first time in history, Bitcoin investors can hold digital Bitcoin and the original physical Bitcoin at the same time, thanks to Cold Storage Coins™.
AOCS, well-known for its strict weight, purity, and minting quality, has been bringing standards-based copper, silver and gold complementary currencies to market since 2007.
For more information about Cold Storage Coins™:
www.ColdStorageCoins.com
https://www.facebook.com/coldstoragecoins/
https://twitter.com/coldstoragecoin
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The post World’s Most Popular Bitcoin Fabricator Launches Cold Storage Coins appeared first on Crypto Currency Online.
source https://cryptocurrencyonline.co/worlds-most-popular-bitcoin-fabricator-launches-cold-storage-coins/
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