German Authorities Confiscate $30 Million in Bitcoin From ...

Why are Bitcoin companies using Google Auth or Authy?

Why are Bitcoin companies using Authy or Google Auth? So we can give them details on every Bitcoin site we use? It makes no sense.
From Authy’s privacy policy: “If Authy is involved in a merger, acquisition or asset sale, we might not continue to ensure the confidentiality of any personal information nor give affected users notice before personal information is transferred or becomes subject to a different privacy policy.”
This is before Authy was acquired by Twilio last week (2/24/15):
Authy's privacy policy updated: https://www.authy.com/privacy Twilio also automatically receives and records information on our server logs from your browser, including the pages you request ("Site Information").
This is not good people.
We need 2FA that clearly states that they wont share or sell our information to anyone - unless they have our permission.
It should also use public key and private key cryptography - because we are in Bitcoin land right? It also shouldn't hold our private keys
Bitcoin companies should use 2FA that DOES NOT sell or share our information to third parties like the NSA, CIA, FBI - pick your acronym.
That is all.
submitted by petachainz to Bitcoin [link] [comments]

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