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by supertrope
978 days ago
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Indeed. Even stored value systems that cannot be directly cashed out suffer fraud. E.g. Toll-free phone numbers suffer traffic pumping fraud. Fraudsters robocall and try to keep each call going as long as possible as they get a cut of the per minute revenue. Bitcoin ushered in the direct monetization of stolen CPU time without having to first use it for spam, DDoS, etc. |
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