- From: Kingsley Idehen <kidehen@openlinksw.com>
- Date: Thu, 08 Aug 2013 19:17:32 -0400
- To: public-webpayments@w3.org
- Message-ID: <5204270C.7020708@openlinksw.com>
On 8/8/13 7:03 PM, Kumar McMillan wrote: >> We are not accepting payment orders via SMS. We only authenticate >> users via incoming SMS. There is no need to trust SMS messages >> received from them. > > ok, thanks, I understand it better. The bitcoin wallet is not *on* the > phone, it's stored on a web server like other online wallets. Storage on the Web is not implicitly safe. Today, you have a third party (aka. Bank) holding on to you coins, look at what's happened there. The safest best is storage on a device you control. The allure of perceived convenience re. online solutions is the shortest route to compromise. -- Regards, Kingsley Idehen Founder & CEO OpenLink Software Company Web: http://www.openlinksw.com Personal Weblog: http://www.openlinksw.com/blog/~kidehen Twitter/Identi.ca handle: @kidehen Google+ Profile: https://plus.google.com/112399767740508618350/about LinkedIn Profile: http://www.linkedin.com/in/kidehen
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Received on Thursday, 8 August 2013 23:17:55 UTC