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A comment on The Increasing Trend of Online Extortion. Parent comment

Re:The Increasing Trend of Online Extortion by crpatino on Wednesday November 26, 2014 @02:58PM (#8664297)
More likely, they will take your $500, drive you around in their trunk for a few days while extracting another $1500, then let you go under the promise to keep paying $100 per week until your original balance runs out and never talk to the police, or else they'll come back to kill you and your loved ones.

You may keep paying afterwards... or you may not. But even if they do not follow on their threats, $1K each for a weekend of "light work" is still pretty good money.

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Re:The Increasing Trend of Online Extortion by IkmoIkmo on Thursday November 27, 2014 @07:12AM (#8666894)
This is pretty similar to kidnapping someone and using their ATM every day at midnight with a hoodie on, and when you're done, you let him go and THEN he'll block his card.

And interestingly this virtually never happens that I know of outside of some countries in South America (where there's actually a term for it, express kidnapping)

In any case, it's no different to someone being abducted for his ATM card, it applies exactly the same.

We can have a broader discussion about physical security, I'm not saying we're all perfectly secure, but acting like it's a unique problem to bitcoin money is disingenuous.

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