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Ah, the main application of Bitcoin - ransomware - is now more lucrative then ever.
by brtkdotse 2y ago
Ah, the main application of Bitcoin - ransomware - is now more lucrative then ever.
- nurumaik 2y agoWell, bitcoin has many legitimate uses like buying drugs or evading taxation
- can16358p 2y ago...just like, fiat money. At least, Bitcoin can't be printed and not centralized like a government-controlled money. Bitcoin is not perfect, also not fully decentralized either, but still much better than more-centralized fiat which are government-controlled and are still used for all the harmful purposes already.
- deleted 2y ago[deleted]
- agilob 2y agobut still the most popular currency for tax evasion, buying drugs and international terrorism funding is USD using citibank and deutche bank infrastructure.
- xigoi 2y agoDon’t forget money laundering.
- mattfrommars 2y agoThere are plenty of better ways to money launder right now than to use BTC. The classic buying of art work and shell companies are fantastic to evade taxes and clean black money
- stuckkeys 2y agoBannanas taped to a wall.
- diegoholiveira 2y agoWell, USD is used too. For decades. Even with too many regulations and security controls implemented by financial institutions around the world.
- tigrezno 2y agohow? bitcoin is not anonymous
- nurumaik 2y agoIt's anonymous as long as you manage to sell it without connection to your real identity
- vasco 2y agoJust the latest one: https://www.nationalcrimeagency.gov.uk/news/operation-destabilise-nca-disrupts-multi-billion-russian-money-laundering-networks-with-links-to-drugs-ransomware-and-espionage-resulting-in-84-arrests https://www.nationalcrimeagency.gov.uk/news/operation-destab...