Hacker with Outcast ID? If it was just hacker, I wouldn't be surprised if he demanded all cargo from a Liberty corporation ship - they really don't like them (in RP). Of course, I don't know what ship you're flying.
Less whining, please. If you don't like the demands, you can barter. Of course, under the nose of escorts and navy the pirate isn't likely to give you much time for that. On the other hand, if the opposition is strong enough, he may choose to take the quick lower offer. Oh, and nobody forces you to obey him. If there are escorts and navy patrols, you can try fighting off the pirate. So many choices on your side ...
Oh, and good job to the pirate! A bold move, which paid off.