With Bitcoin being an all new currency it was probably only a matter of time we saw something that resembles what me and you know as a bank. The idea behind Bitcoin is to have no banks so it remains un regulated and un-controllable by the banks, but with no banks it is almost like no security.
Introducing Xapo which is a start up and now has received over $40 million in funding and is well on its way to becoming the biggest thing for Bitcoin. Now it is not really a bank it is just a wallet and a secure vault, the vault is stored offline and on paper wallets. So you can have the coins you want to spend in your wallet and your savings in your vault. They are also taking pre-orders for debit cards which is kinda cool
Go check them out and get 5000 sat free
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