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New Ransomware Business Cashing In On CryptoLocker's Name (csoonline.com)
itwbennett writes: A new service launched this week on a standalone Darknet website offering ransomware called CryptoLocker Service to anyone willing to pay a small fee and 10% of the collected ransom. The new venture is being run by a person using the handle Fakben, who was a former user of the Evolution (Evo) marketplace, writes CSO Online's Steve Ragan. Customers pay $50 to get the basic Ransomware payload. Once the victim pays the demanded ransom, the payment address will forward the funds – less a ten percent fee – to the Bitcoin wallet designated by the CryptoLocker Service customer. The ransom fee itself can be determined by the customer, but the recommended fee is $200. 'I prefer to be less expensive, more downloads and more infections,' Fakben said during a brief chat with Ragan.
Except that's not true. Fiat currency is also supported by the military, economic, and diplomatic might of its host nation. Bitcoin is supported by some zit covered anarchist angsty teenager living in his mom's basement. What's hilarious is that he thinks that if he could get enough OTHER people to call his "money", that he "earned" by leaving a PC turned on and masturbating to anime, "legit" that he'll never need to develop the social skills necessary to get a real job and he'll be able to stay home all day in his PJs and never bathing while pwning n00bs on CoD. That's the real difference and that's why Bitcoin will never be anything more than a cute fantasy.