Re: Bye Bye BitCoin
Bitcoin is not untraceable. It's perfectly traceable for all time: that's what the blockchain is! trouble is, it would take someone with the resources of a whole nation to actually follow the trail (and then it would probably dead-end at a corrupt exchange where the traceable bitcoins were turned into untraceable cash).
Personally, I think that we should impose consecutive sentences on anyone proved to be responsible for deliberately destructive malware. Let's be generous, say just one day per victim of extortion. Destroy 36500 or more computers with your malware, and go to jail for life. Other countries might prefer to hang them, and I'd not be particularly bothered if they do. Less so than about many murderers. There are people losing their livelyhoods by the thousands because of acts like these, and I'd bet that there will have been suicides (plural, probably tens of) as a consequence. Yes I know that everything should be stored on servers run by professionals who make nightly or hourly read-only snapshots of their filesystems, but in the real world there are very many small businesses who don't have any IT staff at all (but still rely on a few PCs).
Yes, I'm ranting, so I'll stop.