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RE: About The New Wallet On Steem.
I understand your point about user experience, but when dealing with quite a bit of money as some people have in their accounts, having one password control all of it is not a smart choice. What if someone gains control of the password? Boom, you might have just lost everything if you didn't diversify(PLEASE DIVERSIFY). But having a rarely used active key for funds means that you can use your posting key to do normal things and don't need to worry about losing your money, only your reputation...
Can't you easily remedy that with separate accounts or wallets on other exchanges? Plus most Steem is usually in Steem Power anyways.
Yup, I got a cold wallet, and I assume most of the bigger people have multiple cold wallets. Yup its true most STEEM is in SP, but not everyone will hold it that way. Investors who want to trade it won't do it that way. And you shouldn't keep your funds on exchanges. Just look at what happened to quadrigacx. So many people lost their funds held there.
Sure, but why not have an easy solution and an advanced feature solution?
Do you use the same password for your bank, email and social media? What's your Facebook page? Let's play a fun game of financial pentesting... Thinking twice about same password for social and monetary functions?
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Whatsup goes to change her bank password
Whatsup: No, I use different passwords.
LoL. Same (; but most everyone is not at all security conscious... Most write down passwords or leave them somewhere they can be found otherwise (text file, sms messages to self, email to self, saved on various cloud services, etc)..
Wouldn't the easy solution be teaching friends and family to RTFM and know that each key isnt for the front door, but there are garage and safe keys also... and one for the gun case... And the mailbox..
Easy solution is use your master password for everything. It's not recommended. You could do that while learning, but if you care about your account, you shouldn't do that.
Wait.. fuck I still use my Master key for everything.. I learned that from watching old movies with master keys, the one guy always had a master key for everything.... So I have to use the master key.. lol. Pretzel logic at it's best!!!
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