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reg (OP)
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November 18, 2013, 03:33:06 AM
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Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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November 18, 2013, 03:35:40 AM
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Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.
markjamrobin
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November 18, 2013, 03:38:13 AM
 #3

Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

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November 18, 2013, 03:42:36 AM
 #4

Quote

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

I agree with this ^^ .


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reg (OP)
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November 18, 2013, 03:48:42 AM
 #5

Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

tens of millions of windows systems+some people have apparently paid the ransom without having their files restored. reg
markjamrobin
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November 18, 2013, 03:50:19 AM
 #6

Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

tens of millions of windows systems+some people have apparently paid the ransom without having their files restored. reg

Did you see they have video tutorials, and a customer service site up. It seems sophisticated, and even grandma friendly. I've noticed media has only focused on BTC as an option, ignoring MoneyPak.

reg (OP)
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November 18, 2013, 03:58:40 AM
 #7

Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

tens of millions of windows systems+some people have apparently paid the ransom without having their files restored. reg

Did you see they have video tutorials, and a customer service site up. It seems sophisticated, and even grandma friendly. I've noticed media has only focused on BTC as an option, ignoring MoneyPak.

generally I am against tainting coins as this affects fungibility however it would make this sort of thing difficult if the coins paid could not be used or mixed? its a toughie. reg good point about MoneyPak- I hope the New York legislature considering bitcoin transmission imposes the same restrictions on the largest funds transmitted on the internet and used for crime and terrorism eg USD, EURO,YEN etc.

markjamrobin
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November 18, 2013, 04:03:03 AM
 #8

Is it true "there is no such thing as bad publicity"? reg
Police warn of 'ransom' spam
from bbc news tech section.
http://www.bbc.co.uk/news/technology-24964426


Just depends on how bad.

There is definitely bad publicity, and this is certainly part of it. It will popularize bitcoin, and force some to buy, so it won't be too bad. It might even be part of what is moving the price.

tens of millions of windows systems+some people have apparently paid the ransom without having their files restored. reg

Did you see they have video tutorials, and a customer service site up. It seems sophisticated, and even grandma friendly. I've noticed media has only focused on BTC as an option, ignoring MoneyPak.

generally I am against tainting coins as this affects fungibility however it would make this sort of thing difficult if the coins paid could not be used or mixed? its a toughie. reg

I'm not sure blacklisting coins would really be effective for this anyway. I'm sure these people are sophisticated enough to move black coins, and if they can't, someone will be able to.

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