Bitcoin as a way to avoid corruption - page 3.

mtnsaa

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Quote

I think in theory its still posible. Cheesy

But in reality it's impossible because of government corruption is inevitable, and with bitcoin anonymously will be more easily corruption.

Well in this case it won't be anonymous of course, that's the point. You would know each "account" and you can see how much it spends, maybe I didn't make myself too clear.

Bitcoinpro

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The governments (ie the people) want crypto while the rich elites who milk government dry where all against it

and where pulling very hard on the strings of the puppets they had in government, though the growing

strenght of Crypto and the weakening of Fiat has caused the Padagim to have already shifted.

Note: Impending First Cryptoccurency IPO on the Australian Stock Exchange

mtnsaa

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I think this is one of the most doable ideas really since we are not talking about companies or banks. And it can be just small to start, if I had a little charity I would definitely advertise this as a way to ensure safety and attract more donations. Once the ball starts rolling, this could be copied very fast by others if it works.

franky1

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in theory and in practice it is indeed possible.
but getting governments to implement it.. well good luck with that

mtnsaa

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I was watching a TED talk the other day that mentioned how Bitcoin or other cryptocurrencies could be used as a way to bring transparency to political campaigns, welfare, government/state expenses and other similar areas. We as tax payers will be able to know exactly how much money is allocated for each area and how it is used.

I was thinking also that this could also become the norm for donation centers, foundations and charities.

What do you guys think?

Topic: Bitcoin as a way to avoid corruption - page 3. (Read 1935 times)