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I agree except "an staggering amount of crime". This has been studied a lot and there is no clear evidence of more crime than normal occurring just because of b

I agree except "an staggering amount of crime". This has been studied a lot and there is no clear evidence of more crime than normal occurring just because of bitcoin

ghostpepper 4y ago
Bitcoin has made it drastically easier to monetize a system once it’s been compromised
justinator 4y ago
Sounds pretty staggering, Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency https://www.justice.gov/opa/pr/two-arrested-alleged-conspiracy-launder-45-billion-stolen-cryptocurrency https://www.justice.gov/opa/pr/two-arrested-alleged-conspira...
MBCook 4y ago
Why did ransomware explode after Bitcoin came along? Why is it (and Eth) the payment method everyone asks for? Because it’s far far easier to use for ransomware and to hide your trail than any traditional bank transaction or money transfer.
- tremarley 4y ago
  Ransoms have been paid via Bank Wires, PayPal and other technologies for decades. 99% of internet based ransoms are still being paid via Bank Wires.
  - hollerith 4y ago
    What evidence do you have for, "99% of internet based ransoms are being paid via Bank Wires"? That would be decisive if it were true. But I always thought that it is much easier to get ill-gotten gains out of BTC than out of the banking system.