quote:
It really is. Download and install Truecrypt. Then create an encrypted volume on a thumb drive or external hard drive Quick Tutorial. Now you have encrypted offline storage for private data.

Exactly!

Encryption is easy, and to be honest, something that EVERY computer user should be familiar with.

A lot of people in bitcoin threads always harp on security, but yet I bet most don't even encrypt their own data. If they are so concerned about security, you'd think they'd take the hour or two it takes to learn how to use encryption and do it.

That's why I can't take all these security arguments in these threads too seriously.

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Posted by Broke

AKA Buttercup

Member since Sep 2006

65067 posts

Posted on 3/8/13 at 1:36 pm to WikiTiger

I still fail to see any value in Bitcoin. Do companies not take the dollar online? Is this method safer? No. Is it quicker? No. Then what is it? Is it because it's anonymous or can be anonymous? If I send money, I want them to know where it came from.

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Posted by LSURussian

Member since Feb 2005

127276 posts

Posted on 3/8/13 at 1:40 pm to WikiTiger

quote:
Encryption is easy

=/=

quote:
take the hour or two it takes to learn how to use encryption

That's one of the reasons I don't take your opinions about bitcoin seriously.

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Posted by C

Houston

Member since Dec 2007

27845 posts

Posted on 3/8/13 at 1:40 pm to WikiTiger

quote:
That's why I can't take all these security arguments in these threads too seriously.

The difference is insurance. Although it will cost some time and effort, there is little risk from a monetary standpoint to the consumer if his bank account is hacked. Bitcoins offer no inherent insurance. if it's stolen there is little you can do. That risk is huge. So I'll probably never use bitcoins for anything other than a medium of exchange whenever that comes about. People today using it primarily for an investment are taking a huge risk.

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Posted by MetalTiger

Member since Jan 2009

1108 posts

Posted on 3/8/13 at 2:13 pm to WikiTiger

quote:
That's why I can't take all these security arguments in these threads too seriously.

No kidding. The article explains that the hosting company was the victim of some social engineering which resulted in an account being compromised. The target of the attack could have been any type of sensitive data.

The average person is not going to understand how encryption works. Heck, even your typical 'IT guy' probably doesn't truly understand encryption. But they don't need to. They just need to know how to use it, and software like truecrypt makes it simple.