4 ms·

Why is this coin 'Monero' being used by these fraudsters and criminals to hide their activity? [0] The fact that this is making ransomware run rampant and now

Why is this coin 'Monero' being used by these fraudsters and criminals to hide their activity? [0] The fact that this is making ransomware run rampant and now the victim is also part of the unfortunate process of paying the ransom in Bitcoin, (and now apparently they can also pay in Monero at the hackers, 'convenience')[1] it's getting to a point where regulators need to step in before this happens to more companies and the general public. [0] https://www.ft.com/content/13fb66ed-b4e2-4f5f-926a-7d34dc40d8b6 https://www.ft.com/content/13fb66ed-b4e2-4f5f-926a-7d34dc40d... [1] https://www.cnbc.com/2021/06/13/what-is-monero-new-cryptocurrency-of-choice-for-cyber-criminals.html https://www.cnbc.com/2021/06/13/what-is-monero-new-cryptocur...

arthurcolle 5y ago
Why do many meatspace drug dealers only accept cash?
- kgraves 5y ago
  Source? Also, did you just forget we were (and we are) in a pandemic that started a year ago, forcing almost every person in lockdown? What do you think was the mode of choice for drug dealers to launder their money through? I'll give you a hint, it is certainly not cash.
  - slipframe 5y ago
    Lmao are you serious? Source is 15 years of buying drugs. The illegal drug dealers only took cash, and now that buying drugs is legal, the legal dealers only take cash too. They have an ATM in their shop, but that's because they only take cash. I guess you never buy drugs IRL, if you really want a source for "drug dealers only take cash". What's next, wanting a source for "water is wet"? > Also, did you just forget we were (and we are) in a pandemic that started a year ago, forcing almost every person in lockdown? Guess who stayed open the entire time? The drug dealers. They were excluded from lockdowns due to ostensibly being essential businesses who sold "medicine". And guess what, the entire time they have only accepted cash.
    - kgraves 5y ago
      > Lmao are you serious? Source is 15 years of buying drugs... So the source is you then? If so, that is an anecdote and that isn't a reputable source, try again. > The illegal drug dealers only took cash, and now that buying drugs is legal, the legal dealers only take cash too. They have an ATM in their shop, but that's because they only take cash. So you are saying that cryptocurrencies was never an option for these people at all? If it was legal bank transfer or credit cards would be just fine. Would be nice if you provide sources for your claims to these. > Guess who stayed open the entire time? The drug dealers. They were excluded from lockdowns due to ostensibly being essential businesses who sold "medicine". And guess what, the entire time they have only accepted cash. Again, do you have any reputable sources for these claims? Burden is on you to provide proof.
      - slipframe 5y ago
        You're serious? Holy fuck get real. I'm not even the guy upthread you were responding to, screw off with your "burden of proof" crap and go walk into a weed store with your bitcoins. They'll laugh in your face. They don't want jackasses like you hanging out in their store for an hour waiting for transaction confirmations. > Again, do you have any reputable sources for these claims? https://www.king5.com/article/news/local/what-essential-businesses-can-stay-open-in-washington-state/281-8dd6885a-15e0-4727-aa2c-971264ff5f37 https://www.king5.com/article/news/local/what-essential-busi... > The following list contains just a few businesses and workers that the state has classified as "essential.": [...] Workers in other medical facilities, including blood banks, mental health, and cannabis retailers. The drug stores never closed. They've been open the entire time, and the entire time they have only accepted cash. You bitcoin people are completely delusional. You would need your head buried under several meters of sand to not know any of this already.
        kgraves 5y ago
        > You bitcoin people are completely delusional. You would need your head buried under several meters of sand to not know any of this already. You really are confused. I'm pretty much against cryptocurrencies, I see no benefit in it, read the thread 3 or more times again. > The drug stores never closed. They've been open the entire time, and the entire time they have only accepted cash. So you can purchase these drugs such as weed legally in Texas, Georgia, Idaho and all these other states right?

arthurcolle 5y ago

Why do many meatspace drug dealers only accept cash?

kgraves 5y ago
Source? Also, did you just forget we were (and we are) in a pandemic that started a year ago, forcing almost every person in lockdown? What do you think was the mode of choice for drug dealers to launder their money through? I'll give you a hint, it is certainly not cash.
- slipframe 5y ago
  Lmao are you serious? Source is 15 years of buying drugs. The illegal drug dealers only took cash, and now that buying drugs is legal, the legal dealers only take cash too. They have an ATM in their shop, but that's because they only take cash. I guess you never buy drugs IRL, if you really want a source for "drug dealers only take cash". What's next, wanting a source for "water is wet"? > Also, did you just forget we were (and we are) in a pandemic that started a year ago, forcing almost every person in lockdown? Guess who stayed open the entire time? The drug dealers. They were excluded from lockdowns due to ostensibly being essential businesses who sold "medicine". And guess what, the entire time they have only accepted cash.
  - kgraves 5y ago
    > Lmao are you serious? Source is 15 years of buying drugs... So the source is you then? If so, that is an anecdote and that isn't a reputable source, try again. > The illegal drug dealers only took cash, and now that buying drugs is legal, the legal dealers only take cash too. They have an ATM in their shop, but that's because they only take cash. So you are saying that cryptocurrencies was never an option for these people at all? If it was legal bank transfer or credit cards would be just fine. Would be nice if you provide sources for your claims to these. > Guess who stayed open the entire time? The drug dealers. They were excluded from lockdowns due to ostensibly being essential businesses who sold "medicine". And guess what, the entire time they have only accepted cash. Again, do you have any reputable sources for these claims? Burden is on you to provide proof.
    - slipframe 5y ago
      You're serious? Holy fuck get real. I'm not even the guy upthread you were responding to, screw off with your "burden of proof" crap and go walk into a weed store with your bitcoins. They'll laugh in your face. They don't want jackasses like you hanging out in their store for an hour waiting for transaction confirmations. > Again, do you have any reputable sources for these claims? https://www.king5.com/article/news/local/what-essential-businesses-can-stay-open-in-washington-state/281-8dd6885a-15e0-4727-aa2c-971264ff5f37 https://www.king5.com/article/news/local/what-essential-busi... > The following list contains just a few businesses and workers that the state has classified as "essential.": [...] Workers in other medical facilities, including blood banks, mental health, and cannabis retailers. The drug stores never closed. They've been open the entire time, and the entire time they have only accepted cash. You bitcoin people are completely delusional. You would need your head buried under several meters of sand to not know any of this already.
      - kgraves 5y ago
        > You bitcoin people are completely delusional. You would need your head buried under several meters of sand to not know any of this already. You really are confused. I'm pretty much against cryptocurrencies, I see no benefit in it, read the thread 3 or more times again. > The drug stores never closed. They've been open the entire time, and the entire time they have only accepted cash. So you can purchase these drugs such as weed legally in Texas, Georgia, Idaho and all these other states right?