I would like to propose a purely thought experiment:
The hacker reported sold the nude photos of Jennifer lawrence for a mere sum of $130 using bitcoin.
If we apply game theory here, these kind of data is very difficult to monetize. If you sell one copy of the data, it is then immediately distributed online for free. Although, nude photos of celebs are arguably very valuable.
The question is: What is the ideal path for these people to maximize profits?
I think the better alternative would have been a kick starter type model where the attacker will only release photos if reaches a funding goal (let's say $50k). The attacker might release less revealing photos to build interests in the goal funding.
I often hear about decentralized kickstarter models with bitcoin (mutlsig; or ANYONE_CAN_PAY hash type). But I always thought of them as gimmicky. This is actually a use case for it.
So going beyond, celeb photo breach, this similar model should be applied to many more scenarios. ie.
1. you have a valuable asset,
2. but it loses value immediately after the first distribution
3. so you must capture all of the value at distribution
Note:
Anyone can pay: https://bitcoin.org/en/developer-guide#term-sighash-anyoneca...