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>The cellphone companies could prevent this attack entirely by requiring in-person (with ID) transfers of cellphone numbers to new hardware, at the store. Given
by ikeboy 9y ago
>The cellphone companies could prevent this attack entirely by requiring in-person (with ID) transfers of cellphone numbers to new hardware, at the store. Given the infrequency that I would have to do that, the extra inconvenience is acceptable.
Fake IDs are cheap. This would not prevent a motivated attacker.
- pmarreck 9y agoWhat do you suggest instead, then?
- Frogolocalypse 9y agoDon't put enough crypto on your phone to matter for one. I treat it as i would treat my actual wallet. I use an electrum wallet on my desktop, and use one of the addresses in that multi address hd wallet as my hot wallet. I load that address on my android electrum install. That way if i ever lose my phone, there isn't much on it, and i can always move the funds using my desktop wallet if required. But it does suck that it happened. Sorry to hear it.