Quote from: cryptocurrency_n00b on January 19, 2018, 05:31:59 PM

Quote from: errata on January 19, 2018, 05:05:14 PM

Would you deposit USD on the "USD Web Wallet" if I create one and tell you that it is "safe"?

Well,.. my bank convinced me my 'online banking' is safe. So, yes ,.. I do have real money in a kind of online wallet.
Everyone knows, the Web GUI is just the frontend to access your bank account.
If they hack you while you do online banking, you're busted.

Everyone knows, the Web Wallet is just the fronent to access your whatever-crypto account.
If they hack you while you do crypto business, you're busted.

If they hack your bank, your money might be gone.
If they hack your crpyto wallet provider, your crypto might be gone.

What's the difference anyway?
You either trust the company you park your money/crypto in, or you don't.

well thats a big reason why cryptocurrencies where invented and its the beauty of cryptocurrencies, you dont have to trust anybody and its save. you have a decentralized, almost unbreakable bank, that you dont have to trust. You on the otherhand can be hacked, but you're properly not a big target and will be only targeted by mass trojans and phising. An official ETN online wallet, that holds a big percentage of the funds on the other hand is a big target. So you can trust and use whatever bank and online service you want, but dont compare them with cryptocurrencies.