Is anyone else concerned about the implications of the anonymity of bitcoins? There's basically no way to trace where a transaction is going if someone uses a cracked AP and Electrum on TAILS. This would make extortion incredibly easy, because there's no physical drop point for cash. Really the only way you could catch someone is if you convinced them to meet in person.
Someone could kidnap some CEO's daughter right now, send them videos of them torturing her, and demand the ransom in bitcoins and there would be no way to catch them. A bunch of letters went around recently to local businesses threatening to murder the owners' families around here, and a lot of them paid up. And I'm sure you all know about the Ashley Madison extortions; that guy got away with like 15k. There's nothing stopping ISIS from kidnapping you right now, extorting your family, and getting away with it.
The weak point would be the cashout, but you can get a bunch of Russians or Polacks to do that for you for like a 20% fee.
All i read was Fear Fear Fear Fear Fear Fear Fear Fear.