- Nov 22, 2019
- 6,959
- 1,681
How do they ensure it will be safe from hack or internal leak ?
Where does Elon or tesla keep their bitcoins ?
- Thread starter onlinemarketer12
- Start date
xReminisce
Elite Member
- Dec 29, 2012
- 7,329
- 36,738
They most likely store their cryptocurrency offline via a paper wallet/Hardware Wallets.
- Nov 22, 2019
- 6,959
- 1,681
They must be using multiple devices to store all to be on safe side.
- Mar 30, 2018
- 12,094
- 14,361
Has to be a trezor kind of wallet don’t think he would be trusting an exchange with his funds
xReminisce
Elite Member
- Dec 29, 2012
- 7,329
- 36,738
Would not doubt it.
Just like how we have multiple bank accounts.
They probably have lots of devices to dilute the amounts around.
After all, you don't put all your eggs in a single basket.
HunterLife
Banned for rules violation.
- Feb 27, 2021
- 1,184
- 669
They Must be Safe there Coins in Hardware machines only not on any Exchange for sure
Thank You
Thank You
- Nov 22, 2019
- 6,959
- 1,681
Yes the experience of setting up a separate department for finance is already there with him.
toysonline
Power Member
- Jul 28, 2010
- 774
- 321
that's a lot of money to keep...
- Jun 15, 2019
- 8,890
- 4,428
Offline wallet.
- Apr 25, 2011
- 19,848
- 28,308
Personally I’d think with an exchange but perhaps they’ve got a direct relationship like the exchange will manage and guarantee it’s safety.
A bit like you get a personal bank manager in a traditional bank if you are a big player.
A bit like you get a personal bank manager in a traditional bank if you are a big player.
Shamaninov
Registered Member
- Feb 20, 2021
- 71
- 164
Realistically, external wallet.
Thin-foil'itically, on some type of illuminati 1% elite satanic anonymous super private exchange.
Thin-foil'itically, on some type of illuminati 1% elite satanic anonymous super private exchange.
Destroyer1408
Newbie
- Sep 15, 2014
- 4
- 0
Most likely they keep it in that secret Xapo bunker in Switzerland! lol
alurosu
Elite Member
- Jun 16, 2020
- 2,188
- 1,664
Safety is assured by using a multi signature wallet. That way you can't move coins without the approval of multiple members
deal with it
Senior Member
- Sep 30, 2015
- 1,086
- 707
they have money to make their own wallet hardware/software or whatever
tb303
Supreme Member
- Dec 18, 2011
- 1,238
- 909
100% correct. MicroStategy used Coinbase Custody.
https://blog.coinbase.com/coinbase-is-helping-corporate-companies-diversify-with-crypto-444e8d91ebca
Tesla havent confirmed it as far as Im aware but its safe to assume that as Michael Sawyer shared his playbook with them they went the Coinbase Custody route as well.
https://custody.coinbase.com/
HoNeYBiRD
Elite Member
- May 1, 2009
- 10,187
- 12,580