Post
Topic
Board Beginners & Help
Why store Bitcoins remotely?
by
optionstalker
on 12/06/2011, 19:40:03 UTC
Very happy to see so many people trying to create new services out there. This is what will establish the Bitcoin economy. I was wondering about Instawallet type services. What benefit is there to storing Bitcoins on someone else's server that could potentially be hacked. The benefit of accessing your wallet from anywhere seems negated by the fact that the security is based on a unique URL which would be potentially saved in any computer you use.