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Board Beginners & Help
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What level of inconvenience are you willing to accept for security?
by
Emmanuel-SDRN
on 10/08/2011, 07:07:47 UTC
As part of a series of questions to determine Bitcoin users preferences and usage patterns, this question focuses on the compromise between security and convenience. How much inconvenience would you be willing to put up with for the sake of security?

On the extreme end for security, there may be systems which requires users to submit photo IDs, a second factor authentication such as Yubi-keys, maybe a biometric scan of your thumb in addition, an hour's wait to verify your identity via a voice call and perhaps 20 confirmations of the incoming Bitcoin transactions before confirmation.

On the other hand, there is the basic run of the mill user login once per session with one click to transact with just one confirmation such as Mybitcoin used to accept.

Where would you stand on this scale?