BitSeeds: Protecting Your Cryptocurrency By Encrypting Your Wallet

 

People these days are used to leaving their money in banks and having them protect it for you. There are downsides to this situation including the fact that you don’t really own your money once you deposit it at a bank and they can put conditions on how you can spend it or how you can withdraw it (especially when dealing with larger amounts).

While you have an increasing number of similar options to banks with Bitcoin or alternative currencies, one of the benefits of cryptocurrency like BitSeeds is that you truly own your own money. This means you can hold as much of it as you want and have true choice over how you choose to store and spend it. [Click for full post]