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Comment by bronson

4 months ago

So why is basically all ransomware paid in Bitcoin?

That's not laundering. That's getting paid.

If you want to transfer money in a way that's unblockable, unceasable, and pseudonomic, Bitcoin is a good system.

If you want to then convert that into dollars, it's not.

Ransomware is paid in Bitcoin despite it being terrible to launder.