Man in the middle and non-repudiation are orthogonal. Please explain how to detect MITM without a shared secret or trusted party (using "modern cryptography")
This is beyond the scope of this thread, and you are once again putting words in my mouth, if you want to understand how this works I suggest you research it yourself. Nothing I can post on this forum short of an introduction to cryptography could explain this to you.
It is indeed very black and very white. There is nothing in between being secure and not secure. Claiming something different, is somewhat disqualifying, if I'm allowed to say.
Seems like your practically trolling here. Nothing is secure and nothing ever will be secure, the only thing that is 100% secure would be not being born in the first place. Unless you care to provide an example of 100% perfect security.
A wrong analogy based on wrong assumptions. No sane person will trust abank, not only because banks are demonstrably not secure, but more importantly because bankers are criminals. However, trusting a bank with your money is the lesser evil compared to having it in your house. The risk of losing everything is several orders of magnitude smaller (at least, in some countries).
Obviously another miscommunication problem here? By "trust your bank" I merely mean you put your money in it, and are safe with doing so knowing that it will be safe. I am not talking about investments, or any political issues regarding bankers.
Edited by DevLiquidKnight, 06 February 2013 - 12:50 PM.