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(CNN)   U.S. seizes $30 million in stolen crypto from North Korean hackers. Will be worth about $27.23 in a day or two   (cnn.com) divider line
    More: Interesting, Federal Bureau of Investigation, North Korean's nuclear weapons programs, North Korean hackers, Pyongyang, North Korea, Pyongyang's hackers, Korean language, South Korea  
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1040 clicks; posted to Main » on 08 Sep 2022 at 11:38 PM (27 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2022-09-09 12:03:54 AM  
4 votes:
Who would do something like that, and why?

/Sorry, I had to link it
//Never fails to make me laugh
 
2022-09-09 3:54:29 AM  
4 votes:
I don't get all the hate on bitcoin and cryptocurrency in general. For most people their money already is digital. Only Luddites and crack dealers still walk around with wallets full of paper. The difference is that dollars, physical or otherwise, are guaranteed to lose value through inflation and dilution. On top of that we give banks a king's ransom in fees for moving and storing this depreciating asset.

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Flaws and all crypto is an antidote to this problem. Other than gold (which isn't very practical) I can't think of a viable alternative.
 
2022-09-09 12:34:44 AM  
2 votes:
"U.S. seizes $30 million in stolen crypto from North Korean hackers. Will be worth about $27.23 in a day or two"

Or pay off the national debt and fund the military for 30 years.
 
2022-09-09 12:02:41 AM  
1 vote:
That's about 1% of their entire GDP.

Someone and his family is going to disappear for this mistake.
 
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