News for hackers. Stuff that matters.
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Re:US travel firm $4.5M ransom negotiation open chat by yyyk on Monday August 03, 2020 @12:41AM (#24034295)
Credit card fraud is 'some people steal credit card numbers and (eventually) steal some funds'. It's not good, but it doesn't have the major disruptive effects ransoming an hospital has.

* https://news.ycombinator.com/item?id=24033925

Re:US travel firm $4.5M ransom negotiation open chat by dgoldstein0 on Monday August 03, 2020 @12:58AM (#24034354)
and usually the credit card companies reverse the charges, and bear the cost. so it's quite different.
Re:US travel firm $4.5M ransom negotiation open chat by bemmu on Monday August 03, 2020 @01:16AM (#24034431)
Merchants often end up paying the cost though.
Re:US travel firm $4.5M ransom negotiation open chat by fc373745 on Monday August 03, 2020 @01:30AM (#24034488)
Crypto may not have been founded based on malevolent intent, but the majority of its initial usage was definitely used for so.

In my time exploring Tor pre crypto boom 2017, I noticed markets of CP, Illegal Weapons, and Illegal services such as hitmen all operating under Bitcoin.

And I'm willing to bet that, since its inception till now, the number of transactions that was used for crime is greater than the number of transactions that weren't.

And I'm also willing to bet that the majority of the transactions that was used for crime, was to purchase drugs.

I do think we need to be concerned about Bitcoin and how it is a crime enabler.

Re:US travel firm $4.5M ransom negotiation open chat by malikNF on Monday August 03, 2020 @01:49AM (#24034573)
So how exactly were people doing these crimes before 2009?

>>And I'm willing to bet that, since its inception till now, the number of transactions that was used for crime is greater than the number of transactions that weren't.

Nice bet, but if you are wrong can I send you my bitcoin address?

Re:US travel firm $4.5M ransom negotiation open chat by lazyasciiart on Sunday August 02, 2020 @11:50PM (#24034046)
The difference is people talking about real problems and people making things up. It's an incredibly significant difference.
Re:US travel firm $4.5M ransom negotiation open chat by malikNF on Sunday August 02, 2020 @11:59PM (#24034098)
I am sorry I am not sure I understand you properly. What do you mean ?
Re:US travel firm $4.5M ransom negotiation open chat by markdown on Monday August 03, 2020 @12:59AM (#24034357)
> everything can be used for both good and bad

I'd love to hear from you about all the good that Bitcoin has brought. Please enlighten us.

Re:US travel firm $4.5M ransom negotiation open chat by markdown on Monday August 03, 2020 @05:29AM (#24035669)
Lots of downvotes, but no answer. I guess that's the answer then.