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Re:Another Ransomware Outbreak Is Going Global by the_cat_kittles on Tuesday June 27, 2017 @12:47PM (#14646982)
i said this before and it was met with mostly hostility, but im still wondering... bitcoin has enabled ransomware, so its a boon to crooks. what has it done for non-crooks? i dont mean conceptually (no fed! decentralized! etc. etc.), i mean since its come into being, what has it done for you personally? for me: i bought a vpn subscription, anonymously. probably not able to do that as easily without btc. but, i would personally trade that for not having ransomware attacks. thoughts?
Re:Another Ransomware Outbreak Is Going Global by tomjen3 on Tuesday June 27, 2017 @02:10PM (#14647750)
Bitcoin, if it had arrived about ten years earlier, would have been one way for the people in Venezuela to store some value and it may one day allow people who want to run away from their country to bring more of their wealth with them.

However crooks are always going to be among the early adopters, so I my guess i my answer would be that it has limited value, right now.

Re:Another Ransomware Outbreak Is Going Global by the_cat_kittles on Tuesday June 27, 2017 @03:05PM (#14648263)
weird that this gets downvoted, its a good response and i think a worthy point.
Re:Another Ransomware Outbreak Is Going Global by raw23 on Tuesday June 27, 2017 @12:54PM (#14647039)
Bitcoin is a neutral technology, think of it like cash. Buying illegal things is always done with cash but it doesn't mean we should get rid of cash altogether.

Regardless even if we came to the collective decision that we wanted to get rid of bitcoin, its not feasible due to its decentralized nature.

Re:Another Ransomware Outbreak Is Going Global by dwaltrip on Tuesday June 27, 2017 @03:15PM (#14648378)
I used to agree with the "neutral technology" line of reasoning, however I think my view has changed. Everything has an orientation to it, enabling or strengthening certain dynamics, but not others. These characteristics are not static, as they depend on the broader context, and can change rapidly and unpredictably sometimes -- yet they can be quite important and should be considered.

I would argue the concept of "perfect neutrality" is a non-sequitur. When someone says something is very neutral, it seems to me they are actually noticing that something either has near universal acceptance in the current mind-share or is simply non-consequential such that no one really cares one way or another.

It reminds me "inherent value" (the general philosophical concept, not the financial term with very specific meaning), which a lot of thinkers find to be a misguided concept.

That's not to say we should ban bitcoin. And even if we wanted to, as you said, attempting to do so would be a rather absurd endeavor.

Re:Another Ransomware Outbreak Is Going Global by eternalban on Tuesday June 27, 2017 @07:23PM (#14650495)
> Everything has an orientation to it

This seems true at face value. Consider the cutting edge technology aka as a knife, with an inherent bias for cutting things.

Dinner time. Killing time. ("Food is murder"?)

It is the context of utility of technology that is the determining factor. A technology, imo, can be deemed directly culpable of ill effects IFF it permits no other utility context other than that which results in morally or ethically unaceptable outcomes.

Ever nuclear weapons can be used for good, you know. (Extinguish fires, for example.)

Re:Another Ransomware Outbreak Is Going Global by zaphar on Tuesday June 27, 2017 @09:08PM (#14650962)
I don't think that's a particularly useful restriction. I think a restriction that factors in the overall utility vs hard of something.

You can pretty much always find a non harmful use for anything so requiring no non harmful users is effectively useless as a criteria.

Re:Another Ransomware Outbreak Is Going Global by Kiro on Tuesday June 27, 2017 @02:17PM (#14647813)
> it doesn't mean we should get rid of cash altogether

I can't remember the last time I saw physical cash. The only ones I know who are still using cash are drug dealers. Not saying it should be banned but it's almost gone in my country already.

Re:Another Ransomware Outbreak Is Going Global by delecti on Tuesday June 27, 2017 @03:23PM (#14648463)
> The only ones I know who are still using cash are drug dealers

I was about to say "that's not true, the pot stores are cash only too", before realizing that from the perspective of the Feds that's the same thing.

So I guess my real answer is non-business transactions, like buying things on craigslist, or paying my cat sitter.

Re:Another Ransomware Outbreak Is Going Global by Kiro on Tuesday June 27, 2017 @03:27PM (#14648507)
> like buying things on craigslist, or paying my cat sitter

In my country you send money to other people with an app using their telephone number. It's developed as a joint venture between all banks.

Re:Another Ransomware Outbreak Is Going Global by jessaustin on Tuesday June 27, 2017 @03:34PM (#14648594)
ISTM that's a group that already have more than enough power to screw us over... Has this app been audited?
Re:Another Ransomware Outbreak Is Going Global by Kiro on Tuesday June 27, 2017 @03:39PM (#14648641)
No idea. The convenience is more important to me personally than the risk of being screwed over but since everyone is using it I presume there are people putting pressure back.
Re:Another Ransomware Outbreak Is Going Global by stinos on Tuesday June 27, 2017 @03:23PM (#14648456)
Wow, out of interest, where do you live? Cash is still going strong in Western Europe.
Re:Another Ransomware Outbreak Is Going Global by kalleboo on Tuesday June 27, 2017 @11:58PM (#14651591)
His description matches Sweden
Re:Another Ransomware Outbreak Is Going Global by the_cat_kittles on Tuesday June 27, 2017 @04:01PM (#14648849)
gigging musicians are paid in cash really often
Re:Another Ransomware Outbreak Is Going Global by the_cat_kittles on Tuesday June 27, 2017 @01:03PM (#14647127)
yes i agree its not going away. but im curious if public perception has shifted at all since it was first becoming popular. my opinion has changed.
Re:Another Ransomware Outbreak Is Going Global by dotancohen on Tuesday June 27, 2017 @05:39PM (#14649734)
> i mean since [bitcoin] [has] come into being, what has it done for you personally?

You mean, besides the roads, and the wine, and the aquaduct?

Re:Another Ransomware Outbreak Is Going Global by scottLobster on Tuesday June 27, 2017 @12:52PM (#14647028)
Depends on where you live. I doubt you'd have faced any repercussions for buying that VPN subscription with your credit card, but the governments of other countries might not be so understanding.

Bitcoin should exist for the same reasons Tor exists. Just because Tor is used by child predators and of little practical use to the average Western citizen doesn't negate its positive value.

Re:Another Ransomware Outbreak Is Going Global by ableton on Thursday June 29, 2017 @02:44AM (#14661262)
I heard that the guy who invented TV thought it was going to be this amazing thing that would transit knowledge and learning like never before. After he saw all the junk they put on it, he regretted ever inventing it. The same could be said for the internet. A genius that invention that allows so much good in the world, yet the amount of mind-destroying, family-killing pornography on it makes one wonder how much better the world is with it.

I think at the end of the day, it comes down to the fact that with every new tool comes the opportunity to use it for good or evil. So I wouldn't blame the tool, but rather the person who uses it for good purposes or for ill.

Re:Another Ransomware Outbreak Is Going Global by the_cat_kittles on Tuesday June 27, 2017 @12:59PM (#14647086)
"Just because Tor is used by child predators and of little practical use to the average Western citizen doesn't negate its positive value."

you cant just say that and expect me to decide its worth it on balance, you need to make a case for it. maybe this isnt the place, but its a funny thing to just kind of assert. arguing that things should exist because there are potential upsides is missing the point, which is that the downsides may outweigh the upsides. its particularly bold to make that claim about tor- there must be a hell of an upside to justify the child predators...

Re:Another Ransomware Outbreak Is Going Global by E6300 on Tuesday June 27, 2017 @03:23PM (#14648457)
> its particularly bold to make that claim about tor- there must be a hell of an upside to justify the child predators

Even if Tor didn't exist, there would be child pornography. Would there more, less, or just as much of it? That's difficult to say. It's also difficult to say how much easier it makes the lives of those fighting for freedom of speech. Thus, saying whether Tor is, overall, a "good" or "bad" technology would involve comparing two unknown quantities.

Re:Another Ransomware Outbreak Is Going Global by KGIII on Tuesday June 27, 2017 @01:52PM (#14647598)
It enables secure, private, exchange of data.

That is reason enough.

Re:Another Ransomware Outbreak Is Going Global by runeks on Wednesday June 28, 2017 @12:04AM (#14651608)
> but, i would personally trade that for not having ransomware attacks.

You can't go back in time and "undo" Bitcoin. If you criminalize Bitcoin, crooks might very well continue to use it, if it's their best option. It won't be as financially liquid, of course, but the crooks will just tweak their prices to account for this. Either a more efficient underground payment system will be used, if Bitcoin were criminalized, or Bitcoin would continue to be used.

The proverbial cat's out the bag: crooks have access to Bitcoin code, too, and can easily replicate a blockchain to create CrookCoin. You can't truly prevent criminals from doing stuff using laws, since we call them criminals in the first place because they seemingly have little reverence for laws.

Re:Another Ransomware Outbreak Is Going Global by jpttsn on Tuesday June 27, 2017 @01:05PM (#14647156)
Bitcoin hasn't enabled ransomware. There was ransomware before.
Re:Another Ransomware Outbreak Is Going Global by dx034 on Tuesday June 27, 2017 @02:49PM (#14648116)
How did that work? Sending money via western union? Wouldn't work in a large scale operation.
Re:Another Ransomware Outbreak Is Going Global by SippinLean on Tuesday June 27, 2017 @05:33PM (#14649675)
Via anonymous prepaid cash service, like what Reveton used. Supposedly the attackers made millions; to your credit some were eventually tracked down by following the payments. Unclear if it's because of the way they laundered the money.

Fusob demanded payment in redemption codes for iTunes gift cards.