In a press statement, Cofres Bitcoin has announced that it is partnering with the Swiftcoin exchange First National BNAK (FNIB) to offer state of the art safety deposit boxes. The sources from the company say that the exact location of the safety box is at Plaza Independencia 823, Montevideo, Uruguay, 11101.
The press release says that the company claims that Swiss style numbered accounts utilizing a Swiftcoin address will be their only identifier and will be made available only at the client’s request. As offshore storage of valuables and important records is a key part of asset protection, the service from Cofres Bitcoin is expected to become huge success.
The company believes that the Argentina peso crisis, the Cyprus bail-in, martial law in Thailand and civil wars in Ukraine and Syria demonstrate the need for offshore financial and estate planning and the latest decision is to provide the services that can ensure complete security of such docs and tools.
Daniel Bruno, Chartered Market Technician and the founder of the Cofres Bitcoin swap point is of the opinion that gold is remarkably compact, and takes less storage than cash does. He says a tonne of gold bullion is worth about 38 million dollars, and yet needs only a 14 inch block of space for storage.
Thus, according to him for this reason, his company is able to store gold for as little as 0.1% per annum for volume buyers. He further states that his company has a lot of clients who are aware that in a financial crisis, the wealthy can be seen as “hoarders” or can be blamed for a country’s financial problems.
Complete Safety and Security
At the same time he made it clear that governments are often pressured into signing legislation that can greatly impact those who have stored gold, or accumulated great wealth. For instance, he says that gold confiscation at home is another risk and that is why services like state of the art safety deposit boxes are hit among some clients who wish to avoid it.
According to the company customers can get safety deposit box account numbers for free at FNIB website by downloading the Swiftcoin wallet and generating a new unique Swiftcoin address code. All safety deposit box communications are conducted strictly with the wallet of the same Swiftcoin address as the rental box.
To contact the reporter of this story: Deepak Tiwari at email@example.com