Mint asks for your API key, which Coinbase implements rather poorly. Your API key will grant any application FULL ACCESS to your Coinbase account, so if Mint gets compromised, the attacker can send your Bitcoin to another account. And Bitcoin transactions are irreversible.
Yes, you do give Mint your bank account credentials, but if someone steals your username/password and use it to send a transaction, you can get it reversed.
Mint can easily fix this by using Coinbase's OAuth API instead of using an API Key, which allows for selective permissions (read-only) to be set.
All JPY transactions in my paypal are reported 100x too large in USD ($525 per month recurring bills instead of $5.25).
I did report it once and got back a message saying "sorry, we can't fix your existing records", but they clearly made no attempt to fix it for new ones either.
If you're serious about financial tracking and don't mind paying $100 a year, there's a site called PocketSmith [0] that's a beautiful, clean, and fuller-featured version of Mint. They have a free version but it only supports credit card accounts and 12 budget categories. I just started using it two days ago and it blew me away.
I've been thinking about that for a while. Besides a different design and time to reach feature parity, what would be the "unique" thing to solve the problem of managing one's finances?
Yes. There's a ton of room for innovation and I don't have a lot of faith in Intuit to do any of it. I feel like I'm constantly thinking of things I'd improve about Mint.
Would be nice if they decided that cashflow forecasting (Microsoft Money and Quicken Online both did that well-ish) was important to add. That's the single reason I haven't gone with Mint.
[+] [-] EdJiang|12 years ago|reply
Mint asks for your API key, which Coinbase implements rather poorly. Your API key will grant any application FULL ACCESS to your Coinbase account, so if Mint gets compromised, the attacker can send your Bitcoin to another account. And Bitcoin transactions are irreversible.
Yes, you do give Mint your bank account credentials, but if someone steals your username/password and use it to send a transaction, you can get it reversed.
Mint can easily fix this by using Coinbase's OAuth API instead of using an API Key, which allows for selective permissions (read-only) to be set.
[+] [-] orblivion|12 years ago|reply
[+] [-] peter_l_downs|12 years ago|reply
[+] [-] damon_c|12 years ago|reply
[+] [-] astrange|12 years ago|reply
I did report it once and got back a message saying "sorry, we can't fix your existing records", but they clearly made no attempt to fix it for new ones either.
[+] [-] rogerbinns|12 years ago|reply
[+] [-] maguirre|12 years ago|reply
[+] [-] ry0ohki|12 years ago|reply
[+] [-] tlrobinson|12 years ago|reply
[+] [-] etrain|12 years ago|reply
[+] [-] jonrussell|12 years ago|reply
[+] [-] snitko|12 years ago|reply
[+] [-] lowglow|12 years ago|reply
[+] [-] maaku|12 years ago|reply
[1] Not even GNU cash gets this right. See: http://www.mathstat.dal.ca/~selinger/accounting/gnucash.html
[+] [-] cddotdotslash|12 years ago|reply
[0] http://pocketsmith.com
[+] [-] imkevinxu|12 years ago|reply
[+] [-] _jsn|12 years ago|reply
[+] [-] ry0ohki|12 years ago|reply
[+] [-] livejamie|12 years ago|reply
[+] [-] cjrp|12 years ago|reply
[+] [-] esamek|12 years ago|reply
If anyone is interested in an account with us for user research, leave a reply. It's normally $100 a year. I'll circumvent that.
[+] [-] deelowe|12 years ago|reply
[+] [-] disdev|12 years ago|reply
[+] [-] adaam2|12 years ago|reply