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Everything is better analyzed in comparison. How much illegal activity has US Dollar enabled? How about Euro, Japanese Yen? I would like to see the comparative
by g42gregory 3y ago
Everything is better analyzed in comparison. How much illegal activity has US Dollar enabled? How about Euro, Japanese Yen? I would like to see the comparative analysis first.
- velcrovan 3y agoThe point is that cryptocurrency enables an entire category of crime that was for all practical purposes infeasible otherwise. There is no way for ransomware actors to demand payment through traditional financial institutions without getting caught very quickly. We can easily compare the amount of ransomware activity enabled by crypto (all of it) with the amount of the same activity enabled by the US dollar (none of it).
- sumeruchat 3y agoLmao you know that cash still exists rite?
- FloNeu 3y ago[flagged]
- tarmon 3y agoThis comment would be significantly better if you had stopped before the personal attack. Maybe take a second to review the community guidelines https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- sumeruchat 3y agoWait what was the personal attack?
- tsimionescu 3y agoIt's essentially impossible to pay millions of dollars in cash. Plus, it's literally impossible to collect cash from an attack made from halfway across the world.
- velcrovan 3y agoYou think telling companies to leave a bag of cash under a tree in the park is a feasible MO for ransomware attackers?
- deleted 3y ago[deleted]