Is BitCoin as secure as conventional currencies?
I've seen a good number of articles about wallets being stolen or exchanges being compromised but I don't know enough to tell if it's negligent behavior by the user/owner.
I've seen a good number of articles about wallets being stolen or exchanges being compromised but I don't know enough to tell if it's negligent behavior by the user/owner.
As for whether it's as secure as conventional currency, even more so: no one else has access to your money, unlike a bank account. In other words, no one can withdraw your bitcoins without you explicitly sending them.
What would it take to trick Grandma into giving a person/program access to her Bitcoin wallet?
I assume she would just need to reveal her password to a program and from there it could steal her wallet?