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Author Topic: Trust No One  (Read 159001 times)
r3wt
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always the student, never the master.


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May 12, 2013, 08:13:39 PM
 #2141

we should make a list of all the scammers including user name, ip, and email address....

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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cryptostore07
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Time to buy some new coins


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May 12, 2013, 09:11:09 PM
 #2142

But if any new coins not hit any exchange and I want to buy?
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May 12, 2013, 09:16:28 PM
 #2143

I use to trust in people, i had some surprises, but basically most of "us" we are to be trusted.

IMHO.

Regards

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May 13, 2013, 10:36:33 AM
 #2144

great advice thanks
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May 13, 2013, 10:41:19 AM
 #2145

thx for all informations
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May 13, 2013, 11:10:13 AM
 #2146

I heard of a story of someone's BTC being hacked despite all measures being taken, such as Paper Wallet, Truecrypt, and offline access, but they still got hacked.

It does make me paranoid, but I guess that's just some of the risks of using Bitcoin.
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May 13, 2013, 11:16:46 AM
 #2147

I heard of a story of someone's BTC being hacked despite all measures being taken, such as Paper Wallet, Truecrypt, and offline access, but they still got hacked.

It does make me paranoid, but I guess that's just some of the risks of using Bitcoin.

"Humans are the weakest link in IT Security Chain"


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sellsometrue
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May 13, 2013, 11:54:13 AM
 #2148

I think you hit some important points.
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May 13, 2013, 09:11:33 PM
 #2149

Good information.
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May 13, 2013, 09:50:57 PM
 #2150

I heard of a story of someone's BTC being hacked despite all measures being taken, such as Paper Wallet, Truecrypt, and offline access, but they still got hacked.

It does make me paranoid, but I guess that's just some of the risks of using Bitcoin.

"Humans are the weakest link in IT Security Chain"


Humans are the weakest link in general. I vote we move to a system with robot overlords. And robot workers. In fact, lets get rid of humans and just have robots.

But yeah, a good penetration tester will be a good social engineer too. Charm and a few good words can get you in a private network relatively easily.

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May 14, 2013, 05:59:13 PM
 #2151

awesome advice, will heed  Grin

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May 14, 2013, 06:05:33 PM
 #2152

It's right!
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May 16, 2013, 01:43:02 PM
 #2153

The fact that I'm paranoid doesn't mean they are not trying to get me! Wink

   
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dj213
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May 20, 2013, 07:35:11 PM
 #2154

thx for all informations, but i think it up to us how to secure our investments and how to put faith in people!
At the end its all about money!

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deadweasel
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May 20, 2013, 07:37:37 PM
 #2155

thx for all informations, but i think it up to us how to secure our investments and how to put faith in people!
At the end its all about money!

It sure is.  Good luck.

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May 24, 2013, 12:14:43 AM
 #2156

great post...learned a lot  Grin
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May 24, 2013, 12:29:10 AM
 #2157

Staying alert != paranoia  Smiley
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May 24, 2013, 08:12:53 AM
 #2158

I'm glad you posted this I will always think back to this before doing anything Smiley
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May 26, 2013, 12:13:18 PM
 #2159

Thanks for this useful post.

Greed shouldn't be the essence of bitcoin
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June 02, 2013, 04:26:52 PM
 #2160

The problem is that trust is a snowball and eventually the amount trusted is going to get bigger and bigger. I'm a cynic so I don't believe that anybody is incorruptible, just a matter of price. Sometimes it's not even the person's intention to defraud anybody, things might happen that he is forced to make a bad decision.

After all, if a crook knows Michael is holding on to say 10K BTC or about US$ 120K (now but hey it might be US$1.2M 2 years later) worth for you, and given his full name and such makes it that the crook knows exactly where Michael leaves, what's to say he won't pay Michael a surprise visit and force Michael to transact that 10K BTC + his own personal stash somewhere else where his partner immediately converts it to cash?

I've been thinking about trying to come up with a system that can be untrusted but seriously at every point, I always find a human being can always fuck it up from outside the technological system. Of course it could be my paranoia coming up with all kinds of "ridiculous scenarios" that won't ever happen in real life. Even then it's only a question of how probable.

So fundamentally the only way to reduce the exposure to close to zero is just a system with low fraud/loss probability P + never trusting it with more than X amount so that P * X is always such a small number that the users won't really feel it even if that system fails.

Amen to that! - Very well worded

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