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> but, i would personally trade that for not having ransomware attacks. You can't go back in time and "undo" Bitcoin. If you criminalize Bitcoin, crooks might
by runeks 9y ago
> but, i would personally trade that for not having ransomware attacks.
You can't go back in time and "undo" Bitcoin. If you criminalize Bitcoin, crooks might very well continue to use it, if it's their best option. It won't be as financially liquid, of course, but the crooks will just tweak their prices to account for this. Either a more efficient underground payment system will be used, if Bitcoin were criminalized, or Bitcoin would continue to be used.
The proverbial cat's out the bag: crooks have access to Bitcoin code, too, and can easily replicate a blockchain to create CrookCoin. You can't truly prevent criminals from doing stuff using laws, since we call them criminals in the first place because they seemingly have little reverence for laws.