First of all I do not like to talk in public about this sort of stuff but I am doing so because I have a duty to my shareholders and people who hold my assets. I apologize in advance. Nafario will be PMed a link to this thread.
GLBSE 1.0 was extremely solid. For the user to be at fault for a hack not only did someone need to have access to their physical computer but they also needed the password. I only kept the account on one computer and encrypted the HDD. If I got hacked it was not going to be my fault.
GLBSE2.0 is nothing close to solid. All you need now to get access to someone’s account is their e-mail address and password. That is it!
https://bitcointalk.org/index.php?topic=60489.msg829923#msg829923Nefario himself understand how risky this is and claims he will take no responsibility. I understand that point of view and I am going to make it very clear that I also take no responsibility!
Hold assets created by me at your own risk. If I am hacked I will take no responsibility. Why? My account is attached to a free e-mail account that I have used for years on public computers all over the world. Would I even dream of putting 1000s of bitcoins on the security of this free junk mail account? No, never and to do so would be negligent! This was forced upon me without warning or consent!
Sunday morning I woke up and found that I could not get into my GLBSE account. I was almost physically ill because I knew the password I was using was correct. I had no idea what was wrong. I first checked the stock prices to see if there was a massive sell off on things I held. There was not. This made me feel better. However there is a massive amount of bitcoin in that account and I had no idea if it was still there or not. I messaged and e-mail Nefario. He did not get back to me for 24 hours and finally told me that he is having problems with my account.
I do not want to deal with level of stress again so I’m making it very clear now that I will not be held responsible for what I consider to be Nefario’s negligence. Right now I still do not have access to my account and assume no one else does either.
This whole thing just blows me away. I’m truly in shock.
Show Posts
