The Importance of Cold Storage

1 min read

The Quadriga CX scandal is a reminder of how important properly cold-storing your own crypto is. The advent of cryptocurrencies brought with it a paradigm shift in the way we think about money. Instead of relying on a government-issued currency that is stored and kept track of at a centralized bank, cryptocurrencies rely upon mathematics and computers for creation, distribution, and storage of value. They greatly reduce the inevitable corruption that occurs within highly centralized money systems and transfer responsibility to the individual as opposed to some other organization. With this responsibility comes control, power over corrupt organizations, and peace…...

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Perri Corsello I am a college graduate with degrees in both neuroscience and psychology. Early in my life, I had a powerful spiritual experience and ever since was infatuated with discovering how those sensations, feelings, and thoughts occurred, beginning my journey into the world of neuroscience. I now work at a lab that studies neurological disorders. I only recently became interested in blockchain technology and cryptocurrencies. Bitcoin and the entire ethos behind it fascinates me. Therefore, I decided to utilize my writing and research skills gained in college and apply them to writing articles pertaining to these topics. I also still enjoy writing about neuroscience. Some of my hobbies include dirt biking, skiing and producing electronic music.