Crowds, wisdom, and becoming a Bitcoin blackmail authority

Crowds, wisdom, and becoming a Bitcoin blackmail authority

My knowledge of bitcoin is basic. I’m no expert on extortion, either. But Google is convinced I’m an authority on Bitcoin blackmail. This has made me wonder when crowds are, in fact, smarter than individuals. On April 10, I posted about the letter I received suggesting I should pay $8,350 in Bitcoin or have my secrets…

A second Bitcoin blackmail scam, based on hacked passwords
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A second Bitcoin blackmail scam, based on hacked passwords

There’s a new Bitcoin blackmail scam circulating — this time based on passwords from website breaches. This extortion email is likely to be less effective than the paper letters because it’s full of obvious errors. My post last April about the Bitcoin blackmail letter in my mailbox has become popular. It generates over 300 views…