A horrible event has occurred in which the wife of a Norwegian billionaire was kidnapped. The kidnappers demand $10 million in Monero. The mainstream media is quick to point out how bad crypto is for the world. I strongly disagree, in fact, if Monero would be widely adopted this type of crime would be impossible.
Let’s dissect this situation on Good Morning Crypto! We will also discuss why it’s impossible to trace Monero transactions.
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DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make.
Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.
Ivan on Tech by Ivan Liljeqvist