Two ransomware questions for #cososec:
1. Is the spread of cryptocurrencies directly related to the spread of ransomware?
@voltronic
All three, and more. The only real reasons to have crypto currencies in the first place is to avoid our current systems of regulation and taxation, so almost all use for amounts over the cost of a beer end up being criminal. We already have quite sufficient protection in our current financial systems for the majority of users, so why go out, create a new system that has virtually no protections for the end user, is extremely complicated to use and use securely, hides the people involved allowing widespread criminal activity, and is pretty much designed for money laundering? They are an environmental disaster to boot.
@Spartan @voltronic
I look at cryptocurrency as gambling. If you find that entertaining and are willing to lose the money, that's your choice. But as cash, a liquid asset -- it's just too volatile to be useful. If someone pays me in bitcoin today, I don't want the value to drop 20% tomorrow. I might as well accept payment in Venezuelan Bolivars.