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by daaang
1871 days ago
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I agree, the author contradicts themselves immediately. Cryptocurrency is not the "singular" reason, and it is not why these attacks are even "possible." The hypothetical they picked might not work. The methods that ransomware was using for decades to extort hundreds of thousands of dollars did, and will continue to work. |
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> The singular reason why these attacks are even possible is due entirely to rise of cryptocurrency.... Modern ransomware could not exist without Bitcoin, it has poured gasoline on a fire we may not be able to put out.
The question is not if ransomware would still exist without cryptocurrency (obviously it would, it existed before then). The question is if it would still be as pervasive as it has become in the last few years without cryptocurrency.