Trust No One

[ashleywilliam]

Good advice.   

[pollo633]

gotta be careful!

[jasmine899]

I think bc is the safest way to buy sth on the internet atm.

[roberthawkins]

Thanks for the info!

[2302]

I understand what you're saying and I agree mostly, but I've had some coins disappear back during the whole MyBitcoin fiasco and it just left a bad taste. I try and keep them all offline and encourage others aswell.

[cheekynote]

dont use paypal - and keep your own wallet is my advice!

[HelloKitty9001]

thanks, i'll remember this

[tango@bitango]

good advice

[Gab1159]

Wise words!

[Glitter]

Thanks for the info. Trust nobody but yourself.

[theta]

Very true

[chickenfriedsteak]

 hey newb... ur stealing my pad tactics  ...

[mylittlepony665]

Thank you for the advice. I used blockchain.info to hold my bitcoins, but when I read this thread, I am starting to think that I should instead stick with the client wallet that weusecoins provides

[DurnaldDuck]

Trust people you only know offline, but don't trust strangers. We are no longer monkeys.

[FiniteMatter]

References only go so far.  They tell you that the person is not known to be a thief, not that they wont steal in the future.  Its like job references or a credit agency reference..  They should be used to reduce risk but you should not use them as a guarentee that someone is trustworthy.

[Fantaman]

This whole thing will never work if you can't trust the exchanges that you're poring money into. Mt. Gox, for example, is a place I think we can safely say IS safe, even if their registration requirements are a bit strict (need an id and proof of address). Other than them, though, I'm suspicious of everything.

[Funfunfunfun]

In other words, Bitcoin is like Paypal. Don't send money to unverified strangers.
it's not necessarily about trust, but due diligence.

use a phone book, make sure the name matches the address, and the phone number is real. Call them.
Same thing people do with PayPal when verifying customers.

People who are identified won't be very likely to scam you.

[JacobMilkman]

+1

[sarah33]

you always need to start somewhere - just find who you think is the most trustworthy, invest a little trust in them and it will either grow from there or not - is that not just a basic lesson in life?

[Luvinitgood]

Aren't you using a web of trust in this community?