News for hackers. Stuff that matters.

A comment on It's time for us in the tech world to speak out about cryptocurrency. Parent comment

Re:It's time for us in the tech world to speak out about cry... by lmm on Monday May 31, 2021 @01:01AM (#27340346)
Has non-speculative use actually grown? The ability to actually buy stuff with bitcoin looks to be on a downward trend, and the fact that the price has changed significantly over the last year feels like a negative for actual use of bitcoin.
[ Parent | on HN ]
Re:It's time for us in the tech world to speak out about cry... by crucialfelix on Monday May 31, 2021 @01:53AM (#27340647)
It's an excellent way to pay off ransomware and get your data unlocked. Hospitals, cities and oil pipelines use it all the time.
[ Parent | on HN ]
Re:It's time for us in the tech world to speak out about cry... by ThePowerOfDirge on Monday May 31, 2021 @07:07AM (#27342742)
Identity theft and corruption help ransomware much more than cryptocurrency ever will.
[ Parent | on HN ]
Re:It's time for us in the tech world to speak out about cry... by ashtonkem on Monday May 31, 2021 @09:12AM (#27343725)
Identity theft and ransomware are different classes of financial fraud, saying that one helps the other is like saying that petty crime helps murder; it doesn’t make much sense.
[ Parent | on HN ]
Re:It's time for us in the tech world to speak out about cry... by ThePowerOfDirge on Monday May 31, 2021 @10:47AM (#27344589)
The argument is let's ban cryptocurrency that'll stop ransomware, which doesn't hold true. All you need is a fake identity or corrupt banking system to siphon off the funds you stole with your ransomware.
[ Parent | on HN ]