The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > Ensuring the law is not bitten by Bitcoin > Comments

Ensuring the law is not bitten by Bitcoin : Comments

By David Balaban, published 21/10/2016

Bitcoin can't continue to be the criminal currency, particularly for monetizing ransomware viruses. It's crucial that the Blockchain becomes a place criminals don't feel secure.

  1. Pages:
  2. Page 1
  3. All
More than enough evidence for a return to non electronic secure banking, replete with cheque accounts and overnight couriers, which could be replaced by old fashioned vacuum assisted transfer pipelines?

And although not completely failsafe, not like a, please do step in open door, that is today's high tech banking and or cash transfers?

Which can and do take far longer than the back to the future, old antiquated money and data transfers?

Other than that, smartcards with encrypted, regularly rotated secret words, pin numbers and complementary biometrics, which might even include DNA?

And just to make the cost of cyber theft incomprehensibly expensive, and take long enough to raise a red flag and automatic tracing, followed by automatic blocking, plug pulling/link shutdowns?

Computer programs that are fast and threaten security, can be more than matched by far faster, more secure quantum mechanics? Crime that pays ought to be replaced by crime that costs and big time!
Alan B.
Posted by Alan B., Friday, 21 October 2016 10:12:41 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy