[dillutedfixer]

"A more successful approach would be eliminating the ability for anyone in the world to extort money anonymously from companies. Because without the motivation, the blackmailers have no reason to blackmail you. "

While I agree in principal, that is quite a lofty goal. What are some of the ways you would suggest eliminating that ability?

[hilbertseries]

Ban cryptocurrency in the US. The crypto market would immediately tank. Other western companies would likely follow suit. US sanctions can be issued against exchanges, if desired. Obviously cryptocurrency could still continue in this scenario, but transferring money from USD to crypto would be much more difficult. And the value of coins would be so low and probably continuing to fall that it wouldn’t be as appealing a means of ransom.