this post was submitted on 24 Jul 2025
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Crypto also single-handedly invented ransomware. Like without Crypto, random Russian and North Korean hackers aren’t financially incentivized to target towns, hospitals, small businesses etc. There are legitimate payment processors other than just Visa.
I mean, ransomware as a thing has been around since the 90s. Crypto may have been the main factor in its skyrocketing prevalence, but it didnt "single-handedly invent" or facilitate the idea of ransomware.
Never thought about it before y'all's discussion, but how did they take payment before crypto? Gift cards like the phone scammers?
I shit you not, literally mailing money to a PO Box in Panama.