“The anti-cashists are right about one thing. A briefcase full of paper cash is a dirty, inefficient way to move money around.
Upon hearing the news that a hacker had seized presidential nominee Mitt Romney’s prior year tax returns and was asking for $1,000,000 to destroy them, you could be excused for thinking that you had stumbled into a Dr. Evil film. But, this blackmailer was demanding payment to be made in the cryptocurrency bitcoin, not dollars. A bitcoin receiving address was provided so that the public could monitor the progress.”