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So by that token, the ability to pay off ransomware authors gives bitcoin value?


I think you're right in this case. The ransomware authors functioning similarly to the state. If i couldn't access my computer I would have to buy bitcoins with my other assets.


Interesting how this works once you go back to currency. This extortion money being "legally" worthless, being the proceeds of crime.

(Illegally obviously worth the picture on the front.)




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