Reply to post: Re: Ransom demands in BitCoin again

Watership downtime: BadRabbit encrypts Russian media, Ukraine transport hub PCs

c1ue

Re: Ransom demands in BitCoin again

Why so you believe the criminals/bad actors are only a small fraction of bitcoin use?

Cyber crime worldwide could be as high as $750 billion per year - Europol said cyber crime is more profitable worldwide than the illegal drug trade. The illegal drug trade was a shade under 1% of world GDP in 2003; world GDP today is $75 trillion vs $35 trillion then.

The Reg just published something not long ago where OT was estimated that 10% of the cryptocurrency going into ICOs was from criminals.

Methinks your assertion if hopeful rather than factual.

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