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Comment on Failed ransom plots in the past might've succeeded if Cryptocurrencies existed.
IDKWhatUsernametoPutHereLolol@lemmy.dbzer0.com 1 day agoMost failures happen because the logistics of retrieving the ransom money…
The law enforcement could plant trackers, could record the serial numbers, they could mix in fake money with the real one. So many different ways to fuck with the perpetrators.
A crypto wallet could be set up anywhere, and receive the funds.
The only contact with the law is a demand, and give them the (newly generated) wallet, and just check the wallet every 30 minutes or something like that.
Then if its a kidnapping plot, you could leave the hostage in some abandoned building. Leave, and wait like a few hours (a human could survive a few hours without water, so its fine, they aren’t dying), then reveal the location. Simple. The perpetrators would never have to get anywhere close to the investigators. A cash exchange essentially requires the proximity, and that make it much harder to do it.
Varyk@sh.itjust.works 1 day ago
Grandwolf319@sh.itjust.works 1 day ago
And that sums up why so many shady characters are pro crypto.
They want the government out of the way so you know, they can do crime or almost crime easily.
IDKWhatUsernametoPutHereLolol@lemmy.dbzer0.com 1 day ago
To be fair, journalists, political activists, or people facing persecution, would also benefit from crypto.
Its like privacy, its a double-edge sword. If the ordinary person can use it for good purposes, bad people can also use it for evil.