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submitted 10 months ago by tinosaurier@feddit.org to c/technology@lemmy.world

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[–] explodicle@sh.itjust.works 3 points 10 months ago (1 children)

Why only the crypto rich? Any rich person can just buy crypto at an exchange at this point.

[–] Zenith@lemm.ee 2 points 10 months ago (1 children)

Those people don’t want crypto or they would do just that

[–] explodicle@sh.itjust.works 2 points 10 months ago (1 children)

Kidnappers don't want crypto? I thought the hard part about kidnapping was getting the money without getting caught.

[–] roofuskit@lemmy.world 1 points 10 months ago (1 children)

Yeah, crypto is the farthest thing from a solution to that problem.

[–] explodicle@sh.itjust.works 1 points 10 months ago (1 children)

Why do you think that?

[–] roofuskit@lemmy.world 1 points 10 months ago* (last edited 10 months ago) (1 children)

It's extremely traceable. There is a literal public ledger if every single transaction.

[–] explodicle@sh.itjust.works 1 points 10 months ago

What about mixers, onion routed payments, Monero, etc where that isn't the case?