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Usually lowering a company's profits due to market competition produces value. Just stealing money does not produce value.
by TchoBeer 5y ago
Usually lowering a company's profits due to market competition produces value. Just stealing money does not produce value.
- trasz 5y agoThe stolen money don’t have a value to the thief?
- TchoBeer 5y agoThe amount of value it produces for the theif is equal to the amount of value it takes away from the company
- Hjfrf 5y agoGenerally much less, if you're taking into account all the wasted time/energy.
- trasz 5y agoMillion dollars stolen from, say, Bezos, is worth less than that to the thief?
- TchoBeer 5y agoWe can have a discussion about ethics and utility if it's a starving person stealing from Jeff Bezos, but these ransomware firms are large-scale organizations just like the companies they're stealing from.
- trasz 5y agoSure, but it still doesn’t mean the money somehow “loose their value”. It’s just a money transfer between companies; a financial transaction, just a one that’s unlawful.