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What are the advantages of signing up with Facebook, Twitter or Google?

Asked by Yeahright (2321 points ) December 6th, 2012

Some sites tell you to sign up with Facebook, Twitter or Google, claiming it’s quick, easy, and secure.
What is the point of this?
Although they claim it’s secure and completely private and will not be posted to your Facebook wall or tweeted, is that really so?

I’d like to know your take on this. Can you list some of the advantages/disadvantages of signing up this way?

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