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I'm very cynical about cryptocurrency but that's a stretch. Criminals did that damage to companies and infrastructure, and they would do it without cryptocurren
by nkrisc 5y ago
I'm very cynical about cryptocurrency but that's a stretch. Criminals did that damage to companies and infrastructure, and they would do it without cryptocurrency if it was worth it. I guess dollars sell drugs to kids too and fuel murder for hire.
- cma 5y agoIt's not the main things dollars have enabled though.
- foobiekr 5y agoAnyone who doesn’t think cryptocurrency has facilitated monetizing cyberattacks needs to wake up. You can be pro-crypto and still acknowledge that the rise of ransomware has hone hand in hand with the ability to monetize it at dramatically lowered risk. This, in turn, broadened to scope of companies that were interesting to attack.
- meiraleal 5y agoIt of course facilitated, but if it didn't exist, online credit card payments would had facilitated the same way so crypto is not at fault. You can be against crypto and still acknowledge that the advocates of a tech/tool are not responsible nor turning a blind eye to the bad uses of it.
- Nursie 5y agoThis is nonsense, online credit card payments would not be able to facilitate multi-million dollar transactions and allow the proceeds to just disappear like that.
- nkrisc 5y agoYou could have cryptocurrency without ransomware attacks, and you could have ransomware attacks without cryptocurrency . It is disingenuous to say cryptocurrency is directly responsible. Cryptocurrency didn’t cause ransomware, it made it worth the effort on the part of the attackers, but so could have a different confluence of events. Criminals will abuse any technology that benefits them.