Re:Blockchain is not only crappy technology but a bad vision...
by JaimeThompson on Tuesday January 18, 2022 @08:17AM
(#29978562)
It's much harder to do ransomware payments with non-crypto.
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Re:Blockchain is not only crappy technology but a bad vision...
by Qasaur on Tuesday January 18, 2022 @08:21AM
(#29978615)
Sure, but ransomware is just extortion and that is a concept that has existed for time immemorial. I think ransomware is a relatively small part of the global volume of generalised extortion which is almost certainly mostly settled in fiat and not crypto.
Re:Blockchain is not only crappy technology but a bad vision...
by HeckFeck on Tuesday January 18, 2022 @08:49AM
(#29978980)
Ransomware would be eliminated if we just banned computers and made the internet illegal.
Re:Blockchain is not only crappy technology but a bad vision...
by JaimeThompson on Tuesday January 18, 2022 @10:04AM
(#29980175)
I find it strange that so many cryto people get so emotional when such comments are made. It makes it rather difficult to have an actual discussion on the issues.
Re:Blockchain is not only crappy technology but a bad vision...
by HeckFeck on Tuesday January 18, 2022 @10:26AM
(#29980540)
It's difficult to have an actual discussion when the same old platitudes keep reappearing in every crypto discussion.
I can rephrase as a question: Should we stop using groundbreaking and individual-empowering technologies just because some criminals benefit? Every single technology is exploted by criminals. I fail to see how that is an argument for its disavowal. If anything, we need to normalise privacy and encryption among virtuous everyday individuals.