2min chapter

The Changelog: Software Development, Open Source cover image

Schneier on security for tomorrow’s software (Interview)

The Changelog: Software Development, Open Source

CHAPTER

Bitcoin and Cryptocurrency

The only way for me to pay a ransom is through a crypt currency. You go to your bank and try to wire 50 thousand dollars to a russian account an just try. There are a lot of banking rags to stop you from doing that. If ve ransom were t didn't exist, bitkin would still be stupid and useless and idiotic. And we hope it dies in a fire as soon as possible. Who's we? Everybody who does security, basically. Why do they have that feeling? Because it doesn't solve any actual problems anybody has. It isn't decentralized, it isn't secure. It causes all sorts of other problems and has absolutely no at all. Plus

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