Post
Topic
Board Bitcoin Discussion
Re: is Bitcoin used to extort people?
by
Urbexs
on 03/11/2018, 13:14:12 UTC
Because of the semi-anonymous nature of Bitcoin, it’s used in ransomware attacks. Hackers breach networks and hold them hostage until payment is made to them. Hospitals and schools have been victims of these types of attacks. However, unlike cash, which was favored by thieves in the past, Bitcoin always leaves a trail in the blockchain that investigators can follow.



it could be used as with any centralized currency