Originally Posted by blkdoutgsxr
It's a little odd to demand convenience and security at the same time... One will almost always sacrifice the other... The more 'hoops you have to jump through' the harder it is for someone else to use the service to scam.
I don't think it's odd at all and I hear what you are saying. This whole mining endeavor seems to be built almost entirely on blind faith from the miners and those investing, and it's full of scams leaving just about everything with an unease about it.
I don't feel that a business should be in business if it can't operate on a level that doesn't make the customer seriously uncomfortable about the whole process. I mean I deposit my coins, which are untraceable really, there is no recourse I can take if they decide to steal them, and then on top of that they want personal information that goes beyond the basics, which can be used against me at any point in time, for anything including identity theft? Call me crazy but this industry has a whole lot of improving to do.