I've been trying to get an answer to the question, why do you need to make friends and exchange addresses if you can also make anonymous payments with the "next address available" to someone else? I don't understand the advantage?
I do understand the advantage of the networking, having friends, or just profiles you can pay to, as is done for Paypal using email addresses. But why the storage of other people's payment addresses? Does it speed things up? Is it more secure?
And again, if you can open up your wallet on any device and it's always up to date no matter which device you last used, why does the paper say everything is stored on your device locally?
How would storing information on your device make it more secure? I fear losing my device and thus my information (if it's like my phone, and I use it daily, I could easily lose my phone by leaving it somewhere, I'm absent minded) So if nobody could access anything except the app, if they didn't know my passphrase, and had no memory of my information vs anyone else on the system, I'd feel safer. But I'm definitely not a security person, I don't understand the advantages, so if someone could help, I'd sure appreciate it
