CNBC's "Power Lunch" team discusses the rise of cryptocurrencies and ransomware attacks with Lee Reiners, executive director of the Global Financial Markets Center at Duke Law School.
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Francisco Gimeno - BC Analyst Sometimes we despair of the general critical thinking of our fellow humans. Should we ban USD as it's being used by despots, drug lords and human traffickers? Should we ban knives are they are use also for crimes? Etc. Cryptology experts would probably laugh at this. However, ransomware is a very serious crime growing steadily, and who says state actors are not among them (North Korea, anyone?). We need new solutions which don't mean to kill all the sheep because in this way the wolf will die of hunger.