Indeed, this theory of money illuminates the role that ransomware plays in the cryptocurrency economy: ransomware is one of the few liabilities that can only be settled with cryptos. You can’t use dollars to pay the criminals who seize control of your family photos and accounts, or your small business’s files, or the gas pipeline control systems your region depends on. The criminals will only accept cryptos.


Ransomware and “Web3” are the only things capable of making “cryptocurrencies”, currencies.