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A comment on I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To. Parent comment

Re:I Looked into 34 Top Real-World Blockchain Projects So Yo... by MBCook on Saturday July 30, 2022 @08:49PM (#32291958)
Why did ransomware explode after Bitcoin came along? Why is it (and Eth) the payment method everyone asks for?

Because it’s far far easier to use for ransomware and to hide your trail than any traditional bank transaction or money transfer.

[ Parent | on HN ]
Re:I Looked into 34 Top Real-World Blockchain Projects So Yo... by tremarley on Saturday July 30, 2022 @09:17PM (#32292174)
Ransoms have been paid via Bank Wires, PayPal and other technologies for decades.

99% of internet based ransoms are still being paid via Bank Wires.

[ Parent | on HN ]
Re:I Looked into 34 Top Real-World Blockchain Projects So Yo... by hollerith on Saturday July 30, 2022 @09:20PM (#32292194)
What evidence do you have for, "99% of internet based ransoms are being paid via Bank Wires"?

That would be decisive if it were true.

But I always thought that it is much easier to get ill-gotten gains out of BTC than out of the banking system.

[ Parent | on HN ]