>>1368788
>because they're fly by night scammers.
It's a good thing fiat currencies don't suffer from this issue, making this a crypto-only affair.

>how does the FBI manage to keep "recovering" all these ransoms
The blockchain is where it all happens. The blockchain is public record - everyone has a copy. This makes it very easy to follow the flow. It's a ledger after all. What happens generally is they don't seize the money as much as seize the account the money went into. Once they are in control of the wallet they move the funds. They cannot do this without said control and in a lot of cases the keys to the wallet are either provided as part of co-operation after being arrested or the keys are left somewehere they can get at them and 'just use them'.

If you doubt it's security, consider the "satoshi wallet". Before he went public with it he minted himself a shitload o coin, and they're all sat in that wallet. Everyone can see them. Considering what BTC is worth now, it's safe to assume that wallet is a target. People *are* trying.
The money still in there.

>>1368789
> was going to remortgage my house and life insurance policy and invest it all in bitcoin and then cash out quick and pay off my debts
Can work. Wouldn't suggest it. Trying to use it as a quick turnaround is a problem because that's not what a currency is for. You're trying to use it like the stock market but this isn't built on bullshit and speculation, it's built on math. Puttin' away 1k 'cause it'll be worth 10k in a few years - viable strategy. Throwing it all down for a rapid turn-around, at the peak of an artificially inflated raise? I wouldn't.

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