U.S. to give ransomware hacks similar priority as terrorism, official says
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Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#2Whelp, that's the end of cryptocurrency... probably should sell your HODLings now. If we're going to Patriot Act the crud out of ransomware, Bitcoin is gonna be illegal.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#3Whelp, that's the end of cryptocurrency... probably should sell your HODLings now. If we're going to Patriot Act the crud out of ransomware, Bitcoin is gonna be illegal.
Yeah, that's what happened with drugs. The price of drugs actually dropped to zero and it's now impossible to get LSD.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#4Curious if this will result in extraterritorial enforcement. For example, it's clear Moscow is either unwilling or unable to prosecute cyber criminals within its border.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#5Whelp, that's the end of cryptocurrency... probably should sell your HODLings now. If we're going to Patriot Act the crud out of ransomware, Bitcoin is gonna be illegal.
Yeah, that's what happened with drugs. The price of drugs actually dropped to zero and it's now impossible to get LSD.
I mean, does Bitcoin give people the sort of high that they'd risk going to prison for? I'm not sure nearly-random numbers has the staying power compared to addictive substances.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#6Earlier quoted context omitted.
Yeah, that's what happened with drugs. The price of drugs actually dropped to zero and it's now impossible to get LSD.
I mean, does Bitcoin give people the sort of high that they'd risk going to prison for? I'm not sure nearly-random numbers has the staying power compared to addictive substances.
Yeah, opening it up and seeing 30%+ gains in a day does give me a sort of high.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#7You mean they're going to be poorly defined, highly subjective, and abused to further a questionable agenda?
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#8Whelp, that's the end of cryptocurrency... probably should sell your HODLings now. If we're going to Patriot Act the crud out of ransomware, Bitcoin is gonna be illegal.
This seems like hyperbole.
Bitcoin is easier than hard cash to track. There's no need to make it illegal. I suppose you could argue that government is heavy handed enough to simply ban the mechanism by which ransomware payments are so easily conducted by. My intuition is that government would prefer to regulate it rather than outright ban it.
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#9Whelp, that's the end of cryptocurrency... probably should sell your HODLings now. If we're going to Patriot Act the crud out of ransomware, Bitcoin is gonna be illegal.
terrorists also use dollars, let's ban that as well
Re: U.S. to give ransomware hacks similar priority as terrorism, official says
#10Curious if this will result in extraterritorial enforcement. For example, it's clear Moscow is either unwilling or unable to prosecute cyber criminals within its border.
That's one possible reading. Another is that the US will start working on their own Great Firewall, such that your packets need to be cleared by a metaphorical digital TSA to enter the country.