[2017-02-27] Bitcoin Demand Rises as U.S. Corporations are Stocking Up

[tyz]

Bitcoin Demand Rises as U.S. Corporations are Stocking Up

Bitcoin has attracted a great deal of interest over the last couple of years, and mainstream investing has skyrocketed with the ever-growing Bitcoin price. Now, a new market sector is starting to emerge as American corporations are stocking up on digital currency to combat cybercrime.

http://bitcoinist.com/bitcoin-demand-corporations-ransomware/

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[Slow death]

Authorities say backing up all your computer files on a regular basis may be the best way to protect yourself.

I agree

 

Bitcoin Demand Rises as U.S. Corporations are Stocking Up

Bitcoin has attracted a great deal of interest over the last couple of years, and mainstream investing has skyrocketed with the ever-growing Bitcoin price. Now, a new market sector is starting to emerge as American corporations are stocking up on digital currency to combat cybercrime.

http://bitcoinist.com/bitcoin-demand-corporations-ransomware/

Bitcoin is growing a lot and I hope it stays that way

[1Referee]

Bitcoin is growing a lot and I hope it stays that way

Bitcoin is slowly starting to get some proper recognition throughout all layers of the economy. It will be interesting to see where all this will bring the price once things start to move in a serious manner. Chances are high that after a few years we will look back at current levels in the same way as we look at $100 right now. As Bitcoin keeps growing larger, we can expect governments to come up with all kinds of regulations. But then again, it's inevitable. We can't just expect from governments to sit back and not do anything.

[Karartma1]

From the article linked I read “They actually think they are on the moral high ground. They think the companies should have paid more for security.”
That's true but in the well hyperconnected Internet world to be secure is an everyday challenge. No matter how strong we believe our security measures are we see from time to time even the most "secure" sites get hacked.

"They’ll actually explore your system to see how much money they can squeeze from you"
That's because there is transparency by design in the bitcoin space.