> A number of projects have been launched to use cell phones as a money > device, a smart card. I am pretty sure if your malware can send sms, it can > transfer funds. > > This not all that fatal, as the money is traceable, but it means that the > financial institution needs an apparatus to reverse cell phone transactions, > and that cell phone money is therefore soft on the may scale.
Bitcoin does not necessarily have or desire these properties. Device security and open devices are important. _______________________________________________ cryptography mailing list cryptography@randombit.net http://lists.randombit.net/mailman/listinfo/cryptography