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Topic: A ransomware acts like a pyramid scheme and its effect in the Bitcoin market - page 2. (Read 894 times)

legendary
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Merit: 1823
I just read that there is a new kind of ransomware called "Popcorn Time", not related to the torrent client, that demands payment in Bitcoin. If you do not want to pay, you have the option to send a link to other people and if at least 2 of them install the ransomware and make the payment, the keys will be given to you to decrypt your files.

The interesting part is the victims become attackers themselves turning it into a self sustaining "collaboration" of different people all in the interest of obtaining the keys to unlock their files.

I believe this will have a positive effect on the price of Bitcoin if it infects enough computers with Bitcoin demands reaching over $1m worth of ransoms.

https://www.wired.com/2016/12/popcorn-time-ransomware/

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