if xkcd is wiling to say "yeah it won't go like that" it's just a matter of time, and lo and behold
Timeline
Post
Remote status
Context
6
That attack model can be reconfigured a little bit into kidnap-and-ransom and it becomes effective against ANY asset holder, crypto or otherwise.
It's pretty incumbent on a government to get out in front of that if they're going to remain sovereign. But clearly California is not the shining example of a sovereign government...
It's pretty incumbent on a government to get out in front of that if they're going to remain sovereign. But clearly California is not the shining example of a sovereign government...
it's usually a bit trickier to do that with say, a bank transfer
> Buy crypto, send it here, or else you start getting body parts, no excuses
sure, but the point is that crypto is the one where you can transfer 13 million dollars and no-one blinks an eye.
I've never transferred 13 million, but my understanding is that banks usually want you to come into a branch or wait for authorization to transfer that out, partially because of banking laws.
I've never transferred 13 million, but my understanding is that banks usually want you to come into a branch or wait for authorization to transfer that out, partially because of banking laws.
Generally yes, so it takes a couple more days. But if you've got a hostage, you can PROBABLY afford wait a couple more days - maybe a week. That's why I said it would have to be reconfigured as a kidnap-and-ransom attack, because you can't stand in their house waiting.
It's a bit more complex, but not massively, and it opens up potential targets to ~everyone.
However, what is perhaps the scariest part of the whole thing is that there was some local thugs being controlled by a remote person on a phone... The mastermind here might as well be in Russia, NK, or Iran.
Think about what kind of crime becomes possible if you can basically hire muscle on fiverr....
It's a bit more complex, but not massively, and it opens up potential targets to ~everyone.
However, what is perhaps the scariest part of the whole thing is that there was some local thugs being controlled by a remote person on a phone... The mastermind here might as well be in Russia, NK, or Iran.
Think about what kind of crime becomes possible if you can basically hire muscle on fiverr....
>Gig economy crime
This is how the criminally minded in Japan got around the crackdowns on the Yakuza.
Decentralization is the way to get around an overbearing system.
This is how the criminally minded in Japan got around the crackdowns on the Yakuza.
Decentralization is the way to get around an overbearing system.
Replies
0Fetching replies…