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“ increase regulation of cryptocurrency services” Hmmm.

• user-the-name 5y ago
  Cryptocurrencies are the one sole reason that there is a ransomware epidemic today. Without them, ransomware would be nowhere near as profitable or easy. Kill cryptocurrencies, kill ransomware. Plus, kill a massive source of carbon emissions. It's a massive win on multiple fronts.
  • swiley 5y ago
    I don't think you can just "kill cryptocurrencies." China tried that and most of the mining happens there now. Plus not all cryptocurrencies waste power the way bitcoin does. And before crypto was big there was malware that asked for money via mailed checks and bank transfers (and there are plenty of scams that just call people and ask for money with no software at all.) In addition banks make an incredible profit laundering money for drug/human trafficking. I'm sure they could be convinced to put that to use doing other things if crypto wasn't there.
    • user-the-name 5y ago
      Of course we can. There just hasn't been much political will to do so yet, because they have been an irrelevant distraction. That is no longer the case now that they are actively making climate change worse, and disrupting business through ransomware.