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December 09, 2012, 10:22:22 AM |
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I would normally have posted this on the general bitcoin talk forum, but since I'm still a newbie I'm going to ask this question here first and if it gets enough interest I might post it later on another subforum in order to generate some interesting debate.
What are E-Wallets good for? (This is meant as a post to make us thing and debate the possible situations).
Now, in today's Internet we got used to the fact that Online applications are useful because they let us access our data from wherever we are. We just need a computer with an Internet access and we can sign in to our Facebook account, twitter or email with some reasonable risk that we are willing to accept.
But when it comes to our money, to our Bitcoins, the risk threshold skyrockets and the purpose of an E-Wallet drops.
I'm probably NEVER going to login to any E-wallet from a Public Computer because It's impossible for me to trust it. Also, I'm probably never going to use it at work because most often we can't control computers at work, because they're shared, because they're not always up to date in security standards. The same goes for many of my friends' computers: Since it's not my computer I don't know if their security is up to date, if they have caught any viruses or keyloggers accidentally.
In the end, the only place I'm ever going to login to my E-wallet from, are my own computers. The computers I can trust, I know and I feel confident enough to manage my money from. If that's the case... why not directly use a stand-alone client? It's easy to install and I don't have to worry about Javascript poisoning or any similar browser threats that appear from time to time.
I'm not saying that E-wallets aren't useful, just that their usefulness in a secure environment is very limited compared to other online services. We got used to the fact that "Online service" means "100% accessiblity" and "comfortableness", but when it comes to my money I'm quite confident that these two attributes are not my priority and I'm not going to trade them in for the security of my deposits.
What do you think?
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