I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
The Ransomware Problem Is a Bitcoin Problem
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Re: The Ransomware Problem Is a Bitcoin Problem
#12Is it possible to ban cryptocurrency traffic in general? How would that even work?
2. It wouldn't.
Re: The Ransomware Problem Is a Bitcoin Problem
#13I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
Cash enables muggings so we must ban cash?
Re: The Ransomware Problem Is a Bitcoin Problem
#14I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
Cash enables muggings so we must ban cash?
Re: The Ransomware Problem Is a Bitcoin Problem
#15I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
Re: The Ransomware Problem Is a Bitcoin Problem
#16I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
The answer is that sometimes progress comes with a cost. Whether or not you consider cryptocurrencies "progress" is irrelevant, because it's an emerging technology that exists whether you (or I) like it or not. The cold, hard, unavoidable truth is this: Ransomware may be a Bitcoin problem, and it may not be. Either way, tough shit.
They are widely adopted and useful, yet their secondary harms warrant laws to be written.
Re: The Ransomware Problem Is a Bitcoin Problem
#17Is it possible to ban cryptocurrency traffic in general? How would that even work?
You can make it illegal to transact crypto. That would devastate the price and ruin it as a currency. The network would still exist, but it'd be useless as a medium for criminal payments due to the low value.
Re: The Ransomware Problem Is a Bitcoin Problem
#18Never understood why ransomware didn’t use more anonymous crypto currencies like Monero or ZCash. Doesn’t that better protect the scammers from law enforcement?
Re: The Ransomware Problem Is a Bitcoin Problem
#19I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…
Cash enables muggings so we must ban cash?
Re: The Ransomware Problem Is a Bitcoin Problem
#20I'd like to hear how cryptocurrency advocates address this without deploying a fallacy. Cryptocurrency makes ransomware possible, without the former, the latter cannot thrive. The defenses I usually hear come in the form of "current banking facilitates bad stuff, too," which is a fact, but doesn't absolve cryptocurrencies central role in ransomware. As the article states, there is simply no way to pay a ransom withou…