- Bitcoin’s Dark Side Could Get Darker
Investors see riches in a cryptography-enabled technology called smart contracts–but it could also offer much to criminals.
Some of the earliest adopters of the digital currency Bitcoin were criminals, who have found it invaluable in online marketplaces for contraband and as payment extorted through lucrative “ransomware” that holds personal data hostage. A new Bitcoin-inspired technology that some investors believe will be much more useful and powerful may be set to unlock a new wave of criminal innovation.
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