4 ms·

Ransomware payments, speculative trading, now paying off oil pirates!

by pokstad 6mo ago

OutOfHere 6mo ago
I am afraid that soon, actual sea pirates, e.g. in Central and South America, Africa, etc. will start using naval mines in their regional seas, demanding crypto payment from passing ships.
- thatguy0900 6mo ago
  I'm not sure most people have the strength of conviction in their God to stare down the us navy like Iran does.
  - OutOfHere 6mo ago
    It doesn't have to be a US Navy ship that they target. They could target anyone else. The mines are intelligent in who they target.
    - thatguy0900 6mo ago
      If they're dropping mines then the navy will be the targets eventually.
  - keybored 6mo ago
    Do drones need conviction?
    - thatguy0900 6mo ago
      The person launching them sure does. This scenario reminds me of the time Russian hackers took over a US pipeline a couple years ago then immediately apologized saying they didn't want to cause a international incident and they would vet their targets better in the future. There are not many people who want that kind of heat. Like the first ayatollah is dead and the second is reportedly in a coma. The Iranian government is willing to pay that price and that's why they won. How many pirate leaders do you think are willing to pay their life so that their third of fourth successors can maybe collect a toll? Or how many are like Venezuela and you can kidnap one guy and the whole house folds.
- derangedHorse 6mo ago
  If it was just to 'hide' payments then they could just use USD and using crypto would just be an improvement in convenience. A bigger reason is that they won't be indirectly attacked with monetary policy and that the acceptance of USD with entities willing to do business with them is probably low right now.
staplers 6mo ago
Things that have never happened with USD. Glad we have a truly clean pure money that is incorruptible unlike bitcoin.
SilasX 6mo ago
Iran is a recognized national government, not a pirate. Oh crud I just opened a can of worms with that, didn't I? https://en.wikipedia.org/wiki/Pirates_and_Emperors https://en.wikipedia.org/wiki/Pirates_and_Emperors https://www.youtube.com/watch?v=UQBWGo7pef8 https://www.youtube.com/watch?v=UQBWGo7pef8

Ransomware payments, speculative trading, now paying off oil pirates!

by pokstad 6mo ago

Ransomware payments, speculative trading, now paying off oil pirates!

I am afraid that soon, actual sea pirates, e.g. in Central and South America, Africa, etc. will start using naval mines in their regional seas, demanding crypto payment from passing ships.

thatguy0900 6mo ago
I'm not sure most people have the strength of conviction in their God to stare down the us navy like Iran does.
- OutOfHere 6mo ago
  It doesn't have to be a US Navy ship that they target. They could target anyone else. The mines are intelligent in who they target.
  - thatguy0900 6mo ago
    If they're dropping mines then the navy will be the targets eventually.
- keybored 6mo ago
  Do drones need conviction?
  - thatguy0900 6mo ago
    The person launching them sure does. This scenario reminds me of the time Russian hackers took over a US pipeline a couple years ago then immediately apologized saying they didn't want to cause a international incident and they would vet their targets better in the future. There are not many people who want that kind of heat. Like the first ayatollah is dead and the second is reportedly in a coma. The Iranian government is willing to pay that price and that's why they won. How many pirate leaders do you think are willing to pay their life so that their third of fourth successors can maybe collect a toll? Or how many are like Venezuela and you can kidnap one guy and the whole house folds.
derangedHorse 6mo ago
If it was just to 'hide' payments then they could just use USD and using crypto would just be an improvement in convenience. A bigger reason is that they won't be indirectly attacked with monetary policy and that the acceptance of USD with entities willing to do business with them is probably low right now.

staplers 6mo ago

Things that have never happened with USD. Glad we have a truly clean pure money that is incorruptible unlike bitcoin.

SilasX 6mo ago

Iran is a recognized national government, not a pirate. Oh crud I just opened a can of worms with that, didn't I? https://en.wikipedia.org/wiki/Pirates_and_Emperors https://en.wikipedia.org/wiki/Pirates_and_Emperors https://www.youtube.com/watch?v=UQBWGo7pef8 https://www.youtube.com/watch?v=UQBWGo7pef8