You really explain things very well - I get it! 
Sorry for coming on here and whingeing about the time it takes to synch. I realise bitcoin is the work of genius and that this is birthing pains or whatever, and a small price to pay... just irritated that I have to wait.
But say I want to keep an account ready with some money for small expenses online. Like paying this usenet site that I mentioned, paying a membership for a club and a bit of this and that.....
To achieve that, I want to transfer money onto an "account". Is the account the Wallet (parent in the relationship) or the Address (child in the relationship).
Say my wallet is called "Freja's wallet".
blockchain says my address is: 1ApeaRCTBuPStVrA1zK2d3xTM5VmDCTaVj (not real address)
Where is the money/value stored? I thought it was in the address? Or could I put £100 in the wallet and transfer it over to unique addresses as and when I needed?
And say that I become suspected of terrorism and the police turns up and seizes my computer. They figure out that my address was the one I gave above. I had not been following the advice you gave, but used the same address for everything. They could then (if they were clued up) read my financial history as easily as if they had my Visa statement.....?!!
If so, I'll definitely use unique addresses!
But the privacy and safety then comes down to human error and/or access to a physical machine or somewhere where the user has saved the data.
Sorry for coming on here and whingeing about the time it takes to synch. I realise bitcoin is the work of genius and that this is birthing pains or whatever, and a small price to pay... just irritated that I have to wait.
But say I want to keep an account ready with some money for small expenses online. Like paying this usenet site that I mentioned, paying a membership for a club and a bit of this and that.....
To achieve that, I want to transfer money onto an "account". Is the account the Wallet (parent in the relationship) or the Address (child in the relationship).
Say my wallet is called "Freja's wallet".
blockchain says my address is: 1ApeaRCTBuPStVrA1zK2d3xTM5VmDCTaVj (not real address)
Where is the money/value stored? I thought it was in the address? Or could I put £100 in the wallet and transfer it over to unique addresses as and when I needed?
And say that I become suspected of terrorism and the police turns up and seizes my computer. They figure out that my address was the one I gave above. I had not been following the advice you gave, but used the same address for everything. They could then (if they were clued up) read my financial history as easily as if they had my Visa statement.....?!!
If so, I'll definitely use unique addresses!
But the privacy and safety then comes down to human error and/or access to a physical machine or somewhere where the user has saved the data.