Thanks for the link. Since I'm a n00b, I don't have a large account balance yet on steemit, but I can see how that could change in the future. I never really thought much about locking down my BTC until the price went through the roof and suddenly I couldn't buy a hardware wallet fast enough.
I don't think that any system is going to have perfect security, but you can make yourself less of a target by putting a little extra security in place. Do you remember THE CLUB, that steering wheel lock you could put on your car?
Sure, someone with a lot of time and a hacksaw would have no problem stealing your car, but why would they do that when there's a car parked right next to yours that doesn't have a steering wheel lock on it?
By the same logic, why bother hacking all the accounts with 2FA when there are a ton more accounts that don't have it enabled that are easier to hack? It's not perfect security by a long shot, but it's a deterrent.
image courtesy of winner-intl.com
Yeah!
Perfect!
Brilliant explanation!