As noted by ______1, the hacker did something similar by censoring the photos and offering to uncensor for bitcoin. The difference here is that people sending b

As noted by ______1, the hacker did something similar by censoring the photos and offering to uncensor for bitcoin. The difference here is that people sending bitcoin have no guarantee that the photos will actually be released once the bitcoin is sent. They don't have any guarantee that the posted bitcoin address is not an imposter, and the real address is elsewhere. They don't even have a guarantee that the hacker was already caught, thereby wasting their bitcoin. That system is lacking in trust. A dynamic system described above would help mitigate that problem (even though the hacker could reblack-out each photo and tell them to start again, but that would completely demolish any future trust, although it would hardly be considered "stealing" since the percentage paid of each photo was already released).