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"Bad guys" already use Signal to communicate and some countries try to ban encryption, I'm not sure much will change here. Whether you should be able to transf
by hiq 6y ago
"Bad guys" already use Signal to communicate and some countries try to ban encryption, I'm not sure much will change here.
Whether you should be able to transfer money in a private manner is a political choice. Signal is mostly showing that it's technically feasible. I don't see braving regulations to provide this feature to everyone, but time will tell.
- martin_a 6y agoBut before integrating payments, Signal was not a good way for phishing/ransom. Look at all the scams and whatnot where people have to go and buy some kind of coupon and pass the codes to the scammers and whatnot... Signals now integrates all of this right into the app. That's much easier than before! So... Big win... But for whom?
- qqii 6y agoSignal is still not a good way for phishing/ransom anyways. Users would either have to already have the attacker in their contacts list or enable sealed sender. Enabling and funding a cryptocurrency wallet is going to be difficult. Even for WeChat who's payment service is popular it only captures 40% market share and as a result generally people are more educated about the risks.