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> try to remember that crypto doesn't solve technical problems, it solves problems at a societal level. Let's test that with ransomware - how does it solve tha
by outside1234 5y ago
> try to remember that crypto doesn't solve technical problems, it solves problems at a societal level.
Let's test that with ransomware - how does it solve that societal problem?
- ThomPete 5y agoRansomware is going to be much more expensive to do. Right now there is little cost to doing bad things on the internet. But the point is a little different. Crypto solves among others the problem of technology moving faster than legislation in ways that can't be tampered with. That's the big innovation of bitcoin. Someone created a store of value system and threw away the keys to the engine room which means it can't be tampered with by rough actors.
- aunty_helen 5y agoI would suggest that's not a problem that it solves. In the same way web3 doesn't solve every problem there is on web2 and web2 doesn't create every problem web3 tries to solve.
- pcthrowaway 5y agoFor black-hat hackers, it does in fact solve some problems.