New technologies often come with a double-edged sword of benefits and risks. Just like pagers in the 80s, #bitcoin can be used for illegal activities such as ransomware attacks. However, it's critical to note that the technology itself is neutral; it's how people use it that matters. Rather than blaming the tool, we must hold individuals accountable for their actions. Instead of banning new technologies outright, regulation can help promote ethical practices and maximize social welfare while minimizing harm.
#Wbtm