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I wouldn't blame crypto for crime, but a system that makes it practically anonymous large volume payments overseas has helped make these ransomware attacks feas
by acomjean 5y ago
I wouldn't blame crypto for crime, but a system that makes it practically anonymous large volume payments overseas has helped make these ransomware attacks feasible. The 4 figure scams with bank transfers and mailing cash seem kinda quaint.
- matheusmoreira 5y agoThe same cryptography that protects us also protects criminals. The whole point is to make total government surveillance impossible. That's what this KYC/AML business is all about: surveillance. People should be able to transact freely without some government demanding explanations. If there's more crime as a result then so be it.