Author

Topic: What do you trust more? (Read 594 times)

legendary
Activity: 1680
Merit: 1045
December 08, 2013, 12:09:50 PM
#4
I trust bitcoin-qt most, obviously...

So do I, I guess the more relevant question is, do I trust the computer on which it runs? (NO - scared to type in my password)

Also....
I trust myself more than an online exchange or something. And that's the whole point of bitcoin. Don't put your coins in the hands of a third party. If you are scared of keyloggers:
1. Use an antivirus and don't get keylogged
2. Store your coins in cold storage. Only keep a small amount in your bitcoin-qt client.

Thirdparties are great. We should have bitcoin banks, banks in the TRADITIONAL sense i.e a security service provided by a third party. Bitcoin banks would make a lot of sense for the less tech savvy, they would not become investment banks like we have today, but just provide a service people are going to/already want.
sr. member
Activity: 322
Merit: 250
December 08, 2013, 11:30:11 AM
#3
I trust bitcoin-qt most, obviously...
sr. member
Activity: 266
Merit: 250
December 08, 2013, 11:18:18 AM
#2
I trust myself more than an online exchange or something. And that's the whole point of bitcoin. Don't put your coins in the hands of a third party. If you are scared of keyloggers:
1. Use an antivirus and don't get keylogged
2. Store your coins in cold storage. Only keep a small amount in your bitcoin-qt client.
legendary
Activity: 1680
Merit: 1045
December 08, 2013, 10:55:44 AM
#1
Your own wallet-qt, run solely by you, for which you are the only key holder, but there's always the possibility that you have a key logger.

or

An exchange such as Gox or Stamp, which could be compromised in some way, but which it is possible to secure with two factor authentication such as a yubikey/google auth.

Please only look at this with regards to security, not to privacy.
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