what's with the double link? just post the link to http://www.coindesk.com/worlds-first-insured-bitcoin-storage-service-launches-uk/
also, the service is useless because a 2 of 3 paper wallet is free and is just as secure as handing your coins to a third party.
also, the service is useless because a 2 of 3 paper wallet is free and is just as secure as handing your coins to a third party.
Until your paper wallets get damaged or destroyed by fire or water or are stolen.
I can imagine that people who have a few million dollars worth of Bitcoin would be uncomfortable storing it at home. If you put them in a safety deposit box at a bank but they usually have a limit of how much value you can put in a box and if it's higher than that you are uninsured. So a service like this is useful for the really rich Bitcoiners.
