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by motohagiography 1864 days ago
Odd effect of this is that it would be difficult to distinguish encrypted backups from ransomware encrypted files being backed up.

Cloud documents like Word and Google docs seem less susceptible, as writing a content parser for each file format to encrypt it would be a higher bar. Or am I missing something there?

It also suggests there could be a market for cryptocurrency futures as a form of insurance. This is one extreme situation where you are forced to buy a currecy at market prices, but I suspect it's the first of more.