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Comment not anonymous (Score 1) 270

It appears that Bitcoin, a currency designed with anonymity in mind...

No. Bitcoin is designed around decentralization, not anonymity. Every transaction is logged forever; for anonymity, that's a nightmare. This misconception is widespread. Bitcoin is not anonymous; if privacy is important to you, you should not be using it.

Comment Re:In your face Betteridge! (Score 4, Interesting) 498

In the goal of increased security, it's exceedingly unlikely that a larger bank is storing anything password related in plain text. Banks are beyond that stuff these days. Procedures and software are audited, etc etc - nobody but mom and pop sites would be able to fly under the radar of the harm to reputation that would occur if it turned out that your bank passwords were being stored in plaintext.

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