[pawelduda]

Kidnapping and ransom existed before crypto

[simonw]

Reducing the barrier to successfully executing a kidnapping-for-cash turns out to make that crime more common.

[sigwinch]

That’s not his argument. You must ensure the anonymity of criminals in order to also protect the anonymity of your innocent relatives.

[topranks]

Yeah but “being your own bank”, keeping all your savings under the mattress, makes your house a lot more inviting target.

Likewise being able to ransom people half way across the world and knowing there is an irreversible way you can get them to transfer the money across borders makes ransomware possible.

[jsheard]

So did pump and dump scams, but crypto brought in a new golden age of pumping and dumping. It's a matter of scale and ease of execution.

[pawelduda]

Getting kidnapped happens against victim's will, whereas getting into a global PvP casino, taking a risk and getting burned is self-inflicted. Sure, it's easy to fall into it when everyone, especially celebrities shill these scams but still, nobody's holding gun to anyone's head here. I've bet on wrong thing many times but ultimately it was my choice

[surgical_fire]

Are you really arguing that victims of scams deserve it if no violence or coercion was involved?

[pawelduda]

Absolutely not, it's not up to me or you to decide whether someone deserves to be scammed. Just saying it's a gamble many choose to take.