Why Ransom for Bitcoin

Bitcoin basically is digital money, although saying this, it doesn’t exist in the physical or the digital world.

There is a finite amount of ‘bitcoins’ in the world, according to bitcoin.org.

There are only 21 million bitcoins that exist but, this does not mean once they have all gone, there is no more. Bitcoins can be split into smaller sub units as there are 1,000,000 bits in each bitcoin.

Bitcoin is used a lot on the ‘Dark Web’ because they are untraceable.  This may be why criminals ask for Bitcoin as payment from ransomers?

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