hermes19

If paying bribes is already a felony, can you help me understand how "outlaw non-traceable payment methods like Bitcoins" would help?

Seems like you sweep up a lot of innocent consumers who just want to use bitcoin, and if paying bribes is already illegal I'm not sure what additional incentive this adds.

I guess my point in this post and prior was: paying the bribe is the problem, not the medium they wish to use to transact.

Couldn't they still demand ransom in BTC? I assume if BTC is largely banned in the US, it will still exist. Exchanges will still exist (in some countries) and it'll still be traded.

Couldn't attackers still say, "Go get some BTC and deposit it. Where do you get some? Not our problem."

Maybe there's something I'm missing.

I live in a region where electronic cigarettes can't be purchased through the internet. Local shops can sell them, and do at a 100%-150% markup. fasttech.com will sell me products at msrp, but recently payment processors stopped allowing them to sell to me if my order contained electronic cigarette components (heaters, coils, resisters, batteries, etc).

I was very pleased to discover they accept BTC and ETH as payment options.