I would say that the wallet file would not be accessable to a user like this.
The wallet file would be on a server that has no real user interface.
A program that has access to the wallet.dat would have to be devised that would allow payments to be made after approval from mangement.
Topic: How would bitcoins for businesses work? - page 2. (Read 2021 times)
How is this prevented?
I guess accountants must now be held..accountable.
How would you use bitcoins for a business if someone who has access to the company's wallet is able to just take it and drain it without anyone knowing?
Say Walmart starts accepting bitcoins, they pay for new stores with bitcoins, pay vendors, pay for merchandise, etc.
Their accountants are writing checks, keeping track of purchases etc.
If one of the accountants decides to just write himself a check for a buttload, there is a paper trail and the person is prosecuted.
If Walmart is using bitcoins, the accountant takes the bitcoin wallet, makes a copy, takes it to the nearest library and uses it to send to hundreds of new bitcoin addresses of his own, and he is rich.
How is this prevented?
Say Walmart starts accepting bitcoins, they pay for new stores with bitcoins, pay vendors, pay for merchandise, etc.
Their accountants are writing checks, keeping track of purchases etc.
If one of the accountants decides to just write himself a check for a buttload, there is a paper trail and the person is prosecuted.
If Walmart is using bitcoins, the accountant takes the bitcoin wallet, makes a copy, takes it to the nearest library and uses it to send to hundreds of new bitcoin addresses of his own, and he is rich.
How is this prevented?
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