Post
Topic
Board Bitcoin Discussion
Re: thoughts on Bitgo - the most secure wallet 3-fa
by
gweedo
on 04/01/2014, 18:11:58 UTC
I don't get it. Only 2 FA is needed for transactions. So if someone hacks in to an account he can withdraw the coins with just 2 passwords, right?

What about the people who run the service? This is where things like trezor will solve, and 2FA is a just a false sense of security for that attack.