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zbentleyyesterday at 6:51 PM2 repliesview on HN

Cryptocurrency mitigates most of those concerns. That's why the flourishing of crypto payment systems has been an unalloyed blessing for cybercriminals.


Replies

bluGillyesterday at 9:20 PM

No it does not. It makes some things harder and some things easier. The public ledger means you can track where then money flowed - you might not know who had it but you know how it flows which is interesting. I don't know if it has happened, but I've heard of proposals to make any bitcoin the traces to some transaction illegal to have, and that means nobody who might get caught will have anything to do with those.

Scoundrelleryesterday at 7:41 PM

It can at a technical level but not at a legal level.

Your BigCo accounting department is not going to be very understanding about acquiring cryptocurrency to send to ??? for a ransom.

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