Conversation
Notices
-
Hypolite Petovan (hypolite@friendica.mrpetovan.com)'s status on Monday, 31-May-2021 12:18:32 EDT
Hypolite Petovan
Scammers use cryptocurrencies because it is worth it to do so. A ban would be difficult to enforce completely but it would make them less worth it. For the US, a simple way would be to make commercial exchanges in US dollars like Coinbase illegal. With fewer opportunities for ransomware targets to buy cryptocurrencies and for scammers to retrieve their ill-gotten gains in fiat, it would put a damp on the practice.