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1 point

Exactly. Not using Bitcoin is avoiding the problem instead of trying to find a solution

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1 point

Monero is the solution to this specific problem though? Acceptance is a different problem and can be solved by asking the org to accept Monero.

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1 point

Could you explain how the man got caught? I still don’t understand how using bitcoin compromised him

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1 point

Imagine extorting $50k from someone, you can see the bitcoin move from the extortionists wallet to a non-kyc instant exchanger and 30 minutes later a non-kyc instant exchanger sends $50k minus transaction fees to a Binance account. Doesn’t exactly require breaking encryption that’s been around for years to make the connection.

Doesn’t really matter though. If he had held onto the Monero, he would have still gotten caught because he accidentally uploaded his /home directory with personal info and published it with his extortion-account when trying to upload stolen data.

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