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Kidnappers can also demand dollars for ransom. Are governments going to regulate dollars out of existence? Or are you saying they'll just use it as an excuse to
by billytetrud 5y ago
Kidnappers can also demand dollars for ransom. Are governments going to regulate dollars out of existence? Or are you saying they'll just use it as an excuse to harass bitcoin?
- RcouF1uZ4gsC 5y agoDollars are a little different in that transferring large amounts anonymously is hard. Collecting the ransom is probably the point of highest vulnerability and that is something law enforcement agencies like the FBI have used to catch kidnappers. However, with cryptocurrency, that vulnerability is mitigated a lot, and that completely changes the dynamics. There is a reason, the ransomware attackers aren't demanding suitcases of cash at pre-ordained meeting sites.