alt Hacker NewsIsn't this bad for bitcoin? I expect the US will immediately say "No don't pay that" and start prosecuting people that pay via bitcoin, because of course it's traceable. Am I missing something?
Isn't this bad for bitcoin? I expect the US will immediately say "No don't pay that" and start prosecuting people that pay via bitcoin, because of course it's traceable. Am I missing something?
How is this a change from status quo? Bitcoin has been the currency of crime since soon after its inception. Back when you could mine on a CPU it was the way to monetize stolen compute. It was the way to buy illegal things on the now-pardoned silk road. It was the way to pay off ransomware. It is now the currency of dark influence money.
Using it to pay off a shipping protection racket is prettymuch par for the course.