Unexpectedly, a technology designed to escape any form of state regulation has allowed criminal activity to grow exponentially:
➡️ Millions of poor suckers have had their lives crushed in crypto-currency scams
➡️ #Bitcoin/crypto-currencies have fueled a multi-billion dollar criminal ransomware industry, targeting businesses, states, critical infrastructure, hospitals, ....
It's time to put an end to this madness and ban crypto-currencies permanently.
How would you ban cryptocurrency? Serious question
@ceresbzns
With a law ...
Exchange platforms would be illegal in most countries, crypto apps would be removed from official Google & Apple stores. No big company / bank / fund would be allowed to own any of it.
This would crash the price instantly.
OK. Now it's illegal. Do you think that the law enforcement capacities of each major government are sufficient to enforce such a decision?
Just because something is illegal doesn't mean that everyone actually obeys the law without serious threat of enforcement. I'll point out that money laundering and illicit drug use are illegal but there's still an awful lot of laundering and drugs out there (and, being made of atoms, drugs are a lot harder to move and conceal than bits).
@ceresbzns "Do you think that the law enforcement capacities of each major government are sufficient to enforce such a decision? "
It is enough to move away the vast majority of people away from it and thus to drive its price to zero and make it useless.
Majority of people would go away, but we're not talking about majorities, we're talking about utility for criminals.
As such, I'm skeptical of your claim it actually go to $0. BTC was used on Silk Road when it was a $1 and supported $MM in illicit commerce.
Peer to peer cash transaction marketplaces for crypto exchange exist.
So if you made cryptocurrency illegal, would it actually solve the ransomware problem?
How are you going to ban it? Would you make it illegal write code that implements a blockchain? Would you make it illegal to print a book that describes how it works?
@nullradix With a law ...
Exchange platforms would be illegal in most countries, crypto apps would be removed from official Google & Apple stores. No big company / bank / fund would be allowed to own any of it.
This would crash the price instantly.
@FranckLeroy no.
Instead force people to READ THE FUCKING DISCLAIMERS like #Sun does with their Licenses even prior to the acquisition by #Oracle.
Also there's a simple solution to #Ransomware:
REFUSE TO USE UNFIXABLE SHIT LIKE #WINDOWS!
Seriously: learn, #TechIlliterate!
https://mastodon.online/@FranckLeroy/109625458923088984
Attached: 1 image Unexpectedly, a technology designed to escape any form of state regulation has allowed criminal activity to grow exponentially: ➡️ Millions of poor suckers have had their lives crushed in crypto-currency scams ➡️ #Bitcoin/crypto-currencies have fueled a multi-billion dollar criminal ransomware industry, targeting businesses, states, critical infrastructure, hospitals, .... It's time to put an end to this madness and ban crypto-currencies permanently. https://cybersecurityventures.com/global-ransomware-damage-costs-predicted-to-reach-250-billion-usd-by-2031/
@FranckLeroy no, but refusing to take actual #consequences yet expecting shit to change seems insane to me.
@FranckLeroy
How many times must people burn their hands to realize "fire is hot"?
How often must someone get hacked to accept the inconvenient truth that #Windows is a #Govware that is #InsecureAtAnyConfiguration??
How much pain and suffering will people accept till they say: "Fuck this shit, I'm gonna switch to #Linux!" ???
https://mastodon.online/@FranckLeroy/109626462804554251
@[email protected] Are you seriously blaming ransomwares on the victims ?
@FranckLeroy I mean we're not in the early 2000s where Linux was some 1337hax0r elite shit and only the most skilled nerds were able to enjoy a fancy #KDE4 Plasma Desktop with hardware-acceleration and rock-solid 60+ fps.
Or are #TechIlliterates really that decoupled that they've basically given up and accepted #malware & #ransomware ruining their day and work as a fact of life?
If so then making PCs accessible to these ignorants was a horrble mistake!
Banning #Cryptocurrency is just a shitty form of "#VirtueSignallimg" just like banning #PlasticStraws yet keeping plastic cup lids is.
It won't change jack shit and it's a horrible excuse to let most people suffer due to a minority of antisocial assholes that use #SueHaply instead of choosing with their wallet to do meaningful investments instead.
@[email protected] no. Instead force people to READ THE FUCKING DISCLAIMERS like #Sun does with their Licenses even prior to the acquisition by #Oracle. Also there's a simple solution to #Ransomware: REFUSE TO USE UNFIXABLE SHIT LIKE #WINDOWS! Seriously: learn, #TechIlliterate! https://mastodon.online/@FranckLeroy/109625458923088984
@FranckLeroy not that I'm defending any of those shitty #CryptoBros and #NFT-based #Scammers - far from it.
I personally think that #Monero is the "least worst" #cryptocurrency because aside from it's #privacy features it is purposefully incompatible with #NFTs and it's the closest to an actually useable, digital currency that isn't a #SingleVendor / #SingleProvider grift...
@FranckLeroy so yes, I do blame those that are paying ransom.
LEARN TO BACKUP YOUR SHIT, PEOPLE!
https://mastodon.online/@FranckLeroy/109626462804554251
@[email protected] Are you seriously blaming ransomwares on the victims ?
@FranckLeroy that argument is invalid.
1. It's the users' responsibility to learn. After al, you do expect car drivers to learn changes in traffic code even after they got their license.
2. Such risks can be mitigated by proper segmentation and lifecycle-managing the IT.
3. What are IT-Sysadmins being paid for in hospitals? Playing Crysis whilst doing 1st level tecg support.
4. Only honorless hack hospitals.
5. Windows is unsafe - get rid of it!
https://www.youtube.com/watch?v=duaYLW7LQvg
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@FranckLeroy I know enough complex systems to say that having a full backup and properly segmented networks and tech is so elemental that it should not need mentioning...
Even the small payment processor I worked for had their IT documented to tue point that the entire bacjend was reproducible within minutes - including data and database restores!
https://mastodon.online/@FranckLeroy/109626544343056257
@[email protected] Some organizations simply don't have the resources to do this. Take hospitals for instance : they are running dozen of heregeneous private legacy systems, developped by companies that don't exist anymore for some, all running on windows. It take decades and hard training of users to migrate complex / old systems like this. Hackers know it. That's why those dipshits target hospitals
@FranckLeroy considering the price for medical devices and #lifetime, I think hospitals should demand #LongTermSupport, #interoperability and #accountability from manufacturers.
#Repairability and #Maintainability isn't just about #Laptops, #Smartphones but should be considered espechally in #CriticalInfrastructure like Hospitals.
And that means not allowing toxic relationships & dependencies to exist - or at least not be uncontested.
https://www.youtube.com/watch?v=PsJG2ODOcXA
Franck Leroy
serious business
null_radix
Kevin Karhan 
Laura Sykes #Greeneralia