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Good point. If Bitcoin was shutdown today, how would these criminals collect their ransoms?
by leroman 5y ago
Good point.
If Bitcoin was shutdown today, how would these criminals collect their ransoms?
- randomhodler84 5y agoMost phone scammers don’t use cryptocurrency, they use gift cards. Ransom will work the same it always did, hacked bank account transfers, money mules, gift cards and gift credit cards. Even cash in the mail. Bitcoin and cryptocurrencies are just money like any other surrogate. Money doesn’t create crime, but it is a necessary component. It’s not the money that is bad, it is the criminals.