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bitcoinPsycho
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February 23, 2019, 02:06:32 PM |
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Anybody here getting one? But what do you do about your private keys if you lose your phone? According to the T&Cs, the private keys stored in the S10’s Keystore are backed up in a personal account provided by Samsung. If the phone is lost or stolen, users can access the device and delete the private key through its Find My Mobile service. Further, if a private key is accidentally deleted, users can restore it via the service. Centralizing key storage in this way is bound to raise questions about security and it remains to be seen what would happen if someone gained access to your Find My Mobile service and if Samsung might provide further protections. ....... In other words, keys are stored in a cloud that potentially can be hacked. I wouldn't use it as a replacement of a HW of course. May be just for micro payments. Anyway, this is good news in terms of mass adoption. Next step is to be able to buy directly in Google Play or Apple Store with Bitcoins and ETH. best store only small amount for day to day use of course |
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mindrust
Legendary
 Offline
Activity: 2282
Merit: 2160
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February 23, 2019, 02:16:28 PM |
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I don't see any problem in storing any amount between $50 to $1K, depending on your needs.
If you aren't going to store big amounts, it doesn't make sense to make a crypto enabled phone in the first place. If you aren't going to store more than a thousand dollars, an Iphone or a random Android phone with "green address" app just do the same thing already. Anyway, this is a good advertisement for both samsung and crypto and any attention we get is good. That's how I look at it. |
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lightfoot
Legendary
Offline
Activity: 2702
Merit: 2013
I fix broken miners. And make holes in teeth :-)
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February 23, 2019, 02:26:40 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? |
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bitserve
Legendary
Offline
Activity: 1526
Merit: 1284
Self made HODLER ✓
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February 23, 2019, 02:30:36 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? Yeah, ok, but .3 then is not the same as .3 now About the second question.... because the ball (and responsibility), would be in their field instead of mine for once. Anyway, my preference for iOS as a smartphone OS doesn't make me not appreciate the innovation Samsung is doing there. My kudos to them. |
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bitcoinPsycho
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February 23, 2019, 02:30:53 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? You should not because you cannot trust closed source period |
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bitserve
Legendary
Offline
Activity: 1526
Merit: 1284
Self made HODLER ✓
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February 23, 2019, 02:33:26 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? You should not because you cannot trust closed source period You should not even trust open source. |
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El duderino_
Legendary
 Online
Activity: 1540
Merit: 6515
ATH enthousiast, currently McDonalds enthousiast.
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February 23, 2019, 02:35:59 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? Mmmm Gucci and Versace towels and stuff  |
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El duderino_
Legendary
Online
Activity: 1540
Merit: 6515
ATH enthousiast, currently McDonalds enthousiast.
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February 23, 2019, 02:39:28 PM |
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Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc
What more to wish for
Its weekend go out and have Some Fun boys
Hope everyone is doing good in here
Pre-CHEERS already
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StartupAnalyst
Sr. Member
Offline
Activity: 714
Merit: 317
Crypto Casino & Sportsbook
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February 23, 2019, 02:43:58 PM Merited by JayJuanGee (1) |
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Hello WO`s! As the saying goes: a bear market is the best time to BUIDL.  |
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BitcoinGirl.Club
Legendary
Offline
Activity: 1890
Merit: 1851
Living the life the way it should be!
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February 23, 2019, 02:55:40 PM |
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 Just woke up half an hour ago. Suppose to be afternoon though. |
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bitserve
Legendary
Offline
Activity: 1526
Merit: 1284
Self made HODLER ✓
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February 23, 2019, 03:00:15 PM |
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INB4 JP Morgan asks for it.... Fortunately it wouldn't be the "trust chain" if it would be passed to them. |
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LFC_Bitcoin
Legendary
Online
Activity: 2562
Merit: 5262
One of the world's leading Bitcoin-powered casinos
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February 23, 2019, 03:03:16 PM |
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lightfoot
Legendary
Offline
Activity: 2702
Merit: 2013
I fix broken miners. And make holes in teeth :-)
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February 23, 2019, 03:05:11 PM |
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Samsung's thing looks kind of neat. Probably won't hold up to an ion mill, but that's a level of attack most people can't launch. Hm....
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xhomerx10
Legendary
Offline
Activity: 2870
Merit: 4164
Go! BTC Go!
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February 23, 2019, 03:05:38 PM |
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How many Big Macs can Big MicG flip in a day? Sounds like a WO challenge in the making. |
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LFC_Bitcoin
Legendary
Online
Activity: 2562
Merit: 5262
One of the world's leading Bitcoin-powered casinos
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February 23, 2019, 03:06:21 PM |
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How many Big Macs can Big MicG flip in a day? Sounds like a WO challenge in the making. Next micG competition? |
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lightfoot
Legendary
Offline
Activity: 2702
Merit: 2013
I fix broken miners. And make holes in teeth :-)
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February 23, 2019, 03:08:25 PM |
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Yeah, ok, but .3 then is not the same as .3 now About the second question.... because the ball (and responsibility), would be in their field instead of mine for once. Yeah but it still smarts (.3 btc thing). As for the second, it's true Steve is not in charge anymore (we think) but man I would not trust that guy. Tim Cook may be different though, never met him. |
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bitserve
Legendary
Offline
Activity: 1526
Merit: 1284
Self made HODLER ✓
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February 23, 2019, 03:08:39 PM |
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Samsung's thing looks kind of neat. Probably won't hold up to an ion mill, but that's a level of attack most people can't launch. Hm....
And even if you could, it would not be cost effective in almost any case. |
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