Topic: Bitcoin as Ransom - page 3. (Read 3133 times)
Well life has no price. I will do it to get their freedom.
I thought This would be more hilarious if this is a true scenario..If the reansom would be just a bitcoin in Kidnapping case..I think there would be just a shoet time for the victim's family to save the ransom just in online and just pay it through online Just as easy..
This is a serious incident. And if it's going to happen I'd rather choose life than money. No matter who else is here. If I have that money of course. No matter who the person lives, why not do it all. You look around can see what's happier. Money or life.And if you know it, whatever wealth you give it it will only save your loved one
not a chance bitcoin can used as a ransom. why? because how can the kidnapper know that you have that amount of bitcoin? if you'll say he hacked your wallet, why dont he just transfered your bitcoin to his wallet? he wouldn't trouble himself to kidnap someone that is special to you if he can just hack you wallet.
How did the kidnapper that you use bitcoin and you have 5000 Bitcoins. Well the first move would be to secretly contact the authorities/law enforcer to secretly device a plan to capture this guy cause transferring the ransom through bitcoin is really a bad move once you've sent the bitcoin therw is no guarantee that the kidnapper will free your love ones or worst he might already kill him/her. So the best way is to convert into your fiat currency and meet up with the kidnapper for money and hostage transfer.
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
well that is a huge amount of bitcoin ,its really hard to let go of that
but when you come to think of it
life is still important specially when its someone dear to you
money doesnt matter at all without them anyways
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
What could be so important than holding the 5000 bitcoin with me? I'm already rich and there is nothing much valuable as equal to 5000 bitcoin.
You do realise what is the price for bitcoin right ? It's more than billion dude and why would I sell it for anything. I will literally have high level security around my house. lol,
With that kind money I can spend my life easily and my would be more important at that point. With 5K bitcoin in wallet I will also get 4-5% returns for long storage each month. Just imagine I will have the money making machine. :-)
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
Of course I would. Money can't be earned again, people can't be replaced
I agree. Bitcoin is actually irrelevant to the question here. If you have money, criminals and thugs will be after it. The government should work towards providing a safe environment to everybody.
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
Why not? Yes, I would give him to settle the situation.
Criminals are collecting ransom in any form both fiat and bitcoin.
So, you guys should stop using such examples, it's blackmail in such manner.
We want people to love bitcoin and use it for god-sake. So why with the negative thoughts anyway?
Get your mind right, and stop all these bullshit because bitcoin is beyond the imagination of all these criminals.
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
Of course I would. Money can't be earned again, people can't be replaced
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
I don't want to answer your question. lol
because I think it's a joke and I laugh reading what you say.such as soap operas on television. sorry buddy, you make me laugh.
I too thought of the same when I first read about it. It is funnier than we think if you try to imagine it.
The situation depends on lots of factors and a hack ransom is possible but a kidnap ransom is highly unlikely.
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
I don't want to answer your question. lol
because I think it's a joke and I laugh reading what you say.such as soap operas on television. sorry buddy, you make me laugh.
In many cases the kidnappers never receive their ransom and are either arrested if killed by a police force trying to free those kidnapped. I want to let the police handle it rather than pay the ransom because you are never sure they will drop the lover.
These are the old ways where you send the ransom physically and they free up your lover
and in between the police comes and arrest the kidnappers.
The times has changed. These days hackers attack the computer system and get the computer locked. Then the programmed system ask for ransomware in the form of bitcoin to unlock the computer. You pay the specific amount to the bitcoin address and your computer get unlocked. You never know whom you send the bitcoin, the police never came and neither do they know what happen and where the money went. 
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
It is a very hard to answer because 5000 bitcoins is not that small amount, and also the life of important to us is also priceless so this will be so hard for me to choose. But I'll still pick the latter because human live has more worth than bitcoin. Ill just work my ass of again.
Kidnapping in first world countries is a nearly dead crime. No one does it because they've almost always been caught and law enforcement descends en masse on that type of thing. And the kidnapper would have to be pretty stupid to ask for Bitcoin.
Law enforcement is getting cleverer all the time at tracing Bitcoin and someone somewhere trips up eventually.
Would I pay up? I wouldn't really have much alternative but I'd make sure I did everything I could to catch them out somehow. If there's a person involved then the kidnappers have a physical presence somewhere along the line unless they imprison them in their Japanese pod hotel and threaten to gas them remotely.
Law enforcement is getting cleverer all the time at tracing Bitcoin and someone somewhere trips up eventually.
Would I pay up? I wouldn't really have much alternative but I'd make sure I did everything I could to catch them out somehow. If there's a person involved then the kidnappers have a physical presence somewhere along the line unless they imprison them in their Japanese pod hotel and threaten to gas them remotely.
In many cases the kidnappers never receive their ransom and are either arrested if killed by a police force trying to free those kidnapped. I want to let the police handle it rather than pay the ransom because you are never sure they will drop the lover.
These are the old ways where you send the ransom physically and they free up your lover
and in between the police comes and arrest the kidnappers.
The times has changed. These days hackers attack the computer system and get the computer locked. Then the programmed system ask for ransomware in the form of bitcoin to unlock the computer. You pay the specific amount to the bitcoin address and your computer get unlocked. You never know whom you send the bitcoin, the police never came and neither do they know what happen and where the money went. What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
I think no one in their right mind would say that they would choose Bitcoin over someone that they loved or treasure as they would always choose that we save the person that is kidnapped. No amount of Bitcoin can ever replace that person that is just kidnapped or worse being tortured and the fact that you chose money over that person if you do choose Bitcoin is something that kills your conscience and morals.
Shh, stop posting like this. You are giving idea to evil guys. Nowadays thieves are not wearing masks anymore. They are posting their faces in video. And they create their scam icos.
This is the saddest part from Bitcoin where it can be use to pay for killing, kidnapping, software hijacking. etc.
This is the saddest part from Bitcoin where it can be use to pay for killing, kidnapping, software hijacking. etc.
What if you had, let's say....5000 Bitcoins in your custody and suddenly someone demanded it as a ransom in exchange for someone very important to you, would you make the exchange?
thats a huge amount of bitcoin well its really hard to let it go
but life vs money i would not dare take chances of losing someone dear to me
people we love are the reason why we do the things we are doing now
this is indeed very difficult, but it is true for you, because we can not possibly keep the money from letting someone go, we can ransom and lose all the bitcoin we have and reunite with our loved ones, this is the step where we can work harder to recover our lost assetsbut life vs money i would not dare take chances of losing someone dear to me
people we love are the reason why we do the things we are doing now
This is too alarming if this kind of idea will be present in crypto space. How did the culprit know that you have a lot of bitcoin? Unless he/she know you personally that you are a millionaire through bitcoin I think. 
But if the case that your family was involve here, then get my bitcoin for christ sake. I will trace you no matter what.
But if the case that your family was involve here, then get my bitcoin for christ sake. I will trace you no matter what.
how? Depends on what you do. most of my close friends and relatives know that i'm earning bitcoin so if it happens it must be one of them but i thibk there are
also people who are advertising bitcoin in their social medias which will be a difficult. although theres nothing wrong with advertising bitcoin on them but there
is always a right way to do that e.g if you have a pretty large amount of btc its not right to let people know its estimated or exact amount-- imean there are
other ways to spread advertise bitcoin if youre doing that you're merely boasting. i'm not encouraging you guys but having bitcoin as a ransom is actually
smart as it makes them difficult to trace
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