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by RL_Quine 1655 days ago
We can look at the interface for MobileCoin in Signal to get an idea of how bad this is. We're prompted to "add funds" by sending MobileCoin, and the "learn more" button leads to an article telling you to buy a "supported currency" (only MobileCoin) on some exchange. So it's fundamentally useless unless you are already into the cryptocurrency speculation sphere, in which case you almost certainly have something better to use that MobileCoin.

https://a.uguu.se/BWssrjlJ.jpeg

Remember the Signal PIN which is used for recovery of your account? It now lets you recover all of your money too, so that's going to be a great target for spear phishing attacks. That feature got a lot of pushback because nobody could really work out what it was supposed to be adding to the software, turns out, useless cryptocurrency.

https://a.uguu.se/YOGwpUcQ.jpeg

2 comments

> It now lets you recover all of your money too

Just the PIN? Or do you need control of the phone number associated with the account?

Their UX is shite, you'll get no argument from me against that