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RE: The real casualty of the WannaCrypt cyberattacks is bitcoin

in #bitcoin7 years ago

Or we could blame the NSA for leaving these zero days in the wild and subsequent dump of said zero days by shadow brokers so any script kiddie can now deploy such things. We cant blame bitcoin. To quote Andreas Antonopoulos, " to blame bitcoin for these ransomware attacks is like blaming a dufflebag full of cash for a kidnapping". This will not kill bitcoin.

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Living-Freedom
The problem isn't the script kiddies, as most of these script kiddies only want to break into networks or nodes that are public facing, just to have bragging rights.. the patch for this "wanna cry" vulnerability has been around since the later part of last year, further more a lot of these banking systems are still running Windows XP, Windows Server 2003 & 2008 on critical components of their infrastructure, most ATMs are still running XP.. The problem here is that if enough BitCoin fall into one individuals hands .. they can manipulate the market to their advantage.. Pump and Dump... and after the Second, Third or even fourth bubble they are able to expand and then pop, most people will exit, because the market will be too volatile