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> There's one way to end this for US businesses: criminalize paying ransomware ransoms, and end the ability to convert fiat to crypto. Would be enough with jus
by capableweb 5y ago
> There's one way to end this for US businesses: criminalize paying ransomware ransoms, and end the ability to convert fiat to crypto.
Would be enough with just the first, and the second wouldn't even do anything, I don't think ransomware people are interested in converting fiat to cryptocurrencies, they are interested in the reverse. But criminalizing would A) legitimize cryptocurrency and probably B) build more hype around it.
Use existing laws and tools for stopping existing breakage of those laws, makes sense. Come up with new bans that affect more than the action you want to affect, not much sense.
- arcticbull 5y agoBuild all the hype you want around it, the price would pancake if the only way to buy was via localbitcoins, and that's really the only thing most people care about.