what if a camera tracks your finger positioning as you type?
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Replying to @DPC_22 @decentralizedly and
But you have to type so much that it won’t be able to figure it out. It’s not like other wallets where you type a 6 digit pin. Also, we are not perfect and still working on additional features that will make even these types of events impossible.
3 replies 0 retweets 2 likes -
Dude you type the full friggin password into it every time you use it. The pincodes on the competitors devices are useless without the device itself. You can steal someones funds just by looking at what they type. With the competitors you need the pincode AND steal the device.
2 replies 1 retweet 13 likes -
Replying to @alain_brutesque @brutesque and
Or you can just steal the paper back-up with mnemonic seed words and all your money is gone and no device is needed. With Bitfi you can avoid that paper back-up which is a major security flaw.
4 replies 0 retweets 1 like -
Wrong. The paper backup still needs the passphrase.
2 replies 0 retweets 4 likes -
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Are you seriously pretending now that my seed doesnt need an additional password on my ledger and trezor?
2 replies 0 retweets 5 likes -
Replying to @alain_brutesque @brutesque and
yes, very serious:https://www.reddit.com/r/ledgerwallet/comments/6txqt2/if_someone_has_my_24_words_backup_does_it_mean/ …
2 replies 0 retweets 1 like -
You want me to prove to you you’re wrong? It’ll make a seed, add a password, put in some money and send you the seed. How about that
3 replies 0 retweets 6 likes -
Replying to @alain_brutesque @brutesque and
The point is that with the Bitfi wallet you have the option not to have a paper back-up at all. And store everything in your brain. If you like the other wallets better then thats ok, there is nothing wrong with those products. They work for many people.
5 replies 2 retweets 3 likes
What stops someone from memorising their paper backup? Anyway, the paper backup is a BACKUP, you don't need it every single time you use the wallet so the scope for social engineering, eavesdropping etc. is greatly reduced.
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