Let's clear one thing up: Fraud is still illegal, and I have never suggested that we legalize fraud. If you're using "ransomware" as a pretext to fund terrori

Let's clear one thing up: Fraud is still illegal, and I have never suggested that we legalize fraud. If you're using "ransomware" as a pretext to fund terrorism then you should go to jail- but a prosecutor should be able to prove your guilt. If, however, you pay a ransom because you are a legitimate victim then that should not be a crime. Most these "what ifs" get close to solutions in search of problems. Instead of ensnaring innocent people in the hopes of catching people who intentionally commit fraud and fund terrorism, let's use the laws we already have on the books to do so. Edit to address the bitcoin issue: While a bitcoin transaction is hard to reverse, knowing the wallet addresses of terrorists and being able to track their bitcoin transactions would be a huge win for the good guys. And when that bitcoin inevitably gets turned into useful currency it will be another opportunity to track them. I don't think ISIS would move a billion dollars through bitcoin anyway, they'd probably pick a different method. That kind of transaction would be super hard to deal with and the network would get stressed to the point that trying to sell a billion dollars worth of bitcoin would ensure that it would be worth a lot less than a billion dollars.