Post
Topic
Board Beginners & Help
Re: BIPS Wallet security breach
by
Missim
on 25/11/2013, 20:29:35 UTC
Use of  bitcoin does require the use of an online wallet. This is the case if  Bitcoin is  going to be accepted mainstream.

I too lost  here - but I blame the hacker - not the victim. From what I read the file system was wiped.  Curious as to why a hacker would do that. Usually get in - get the info  - get out.  Wiping the server clean ensures there is no trace of  how.

I believe some thought needs to be put into the who - as well as the how.

I do also note  a  number of online wallets  have had problems. A number of  the leading wallets in various countries  have been taken down recently.   Denmark, Poland, Czechoslovakia.

Rather than thinking all about me,  let's think all about we.  The BTC  community  has been targeted (and probably always will be) by those who seek to  devalue it.

They seek to destroy the work of hours spent  working out systems that are for the improvement of all.

Why is that?  If the hacker is successful then the value  drops.  And  who profits from that?  The  established systems  would seem to have the most to gain.  Food for thought.

It helps to read the terms.  I think the security was ok -  obviously not enough - hindsight is  20/20.  But one can lock the doors and the thief still breaks the window - or  burns the house down.

I hope Kris - and Bips -  continue.  I hope they focus on the merchant services.  I hope they prosper.

And -  I do hope they find  a  way to  recompense.  But  hey  I'm human.Wink 

If they don't - then I will still use their merchant services.