After a wave of crypto kidnappings, the “Bitcoin Family” replaced its old security system with a decentralized, analog setup spread across four continents.
Doesn’t seem very easy if they are kidnapping and torturing people. It seems like a lot of work either way. They can do the same to others and just have them convert a large sum of money into crypto and have it sent to them. It is an extra step, but again, if you are already kidnapping and torturing people it doesn’t really seem like much more.
The difference with crypto is someone knows how much someone has and they know it’s quickly available for transfer. They don’t have to wait a few days for the money, too. Like for coinbase someone has to wait 7 days after a deposit before being able to send it to an external address.
Doesn’t seem very easy if they are kidnapping and torturing people. It seems like a lot of work either way. They can do the same to others and just have them convert a large sum of money into crypto and have it sent to them. It is an extra step, but again, if you are already kidnapping and torturing people it doesn’t really seem like much more.
Oh for sure, that’s how ransomware works.
The difference with crypto is someone knows how much someone has and they know it’s quickly available for transfer. They don’t have to wait a few days for the money, too. Like for coinbase someone has to wait 7 days after a deposit before being able to send it to an external address.