We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Actually it is happening right now but not many people know about this. By just simply selling drugs to those druglord with the use of bitcoin is actually a corruption especially when that person is working on the government. 
Topic: Can Bitcoin also lead to corruption ? - page 12. (Read 51258 times)
Possible scenario would be like this... bitcoin can be used to hide laundered money. No one will know as to who owns the account and who will question the source of money , because it is always possible to gain big profit if you really understand trading per se.
Corruption can make it anywhere..
Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. ...
In that meaning of corruption.
Maybe it will happen too in bitcoin industry by acquiring their personal interest are include in corruption.
The use of bitcoin for corruption is one of the major issues that governments are reluctant to accept using bitcoin in transactions and exchanges. It can be said that some countries in Asia have a lot of corruption in the state apparatus, so Asia has very few countries accepting bitcoins and other crypto coins, which is a disadvantage for early adopters private crypto in that country Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. ...
In that meaning of corruption.
Maybe it will happen too in bitcoin industry by acquiring their personal interest are include in corruption.
Corruption can make it anywhere..
Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. ...
In that meaning of corruption.
Maybe it will happen too in bitcoin industry by acquiring their personal interest are include in corruption.
Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. ...
In that meaning of corruption.
Maybe it will happen too in bitcoin industry by acquiring their personal interest are include in corruption.
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Yes i think some goverments if they didnt control this cryptocurrency and also bitcoin they will need to do is they entering the bix tax on some sites trading sites or wallet like coinbase and other transactions. 
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
If the government finds a solution how to control bitcoin, then corruption will begin. As long as the authorities do not know how to deal with all this, that is why they do not touch bitcoins with a ban, but once they understand what they need to do, they will immediately take the bitkoin to their hands. But I think they have nothing will turn out, bitcoin can not be taken under control.Next, I read a story of how a man arranged to meet up with a buyer who wanted to buy his Bitcoins from him, and unfortunately, without him knowing it was a criminal, he ended up having all his bitcoins stolen at gunpoint. Sad story.
I think this depends on the individual individual, as long as they have a mental corruption then without their bitcoin will corruption, it becomes an important issue for the government to be able to supervise the behavior of the people.
I'm pretty sure that there is already corruption in Bitcoin. Where there is money, there will also be corruption. For all you know, politicians might be using Bitcoin to receive bribes from companies and such. Privacy coins are also very likely to be used for corruption.
Well this can happen because most Bitcoin users will be anonymous and will not be known. This indirectly makes things like corruption, money laundering very easy and simple. And because Bitcoin does not identify any kind of people, even government employees can take bribes
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
The truth is bitcoin is a perfect tool for corruption and money laundering because one man's tool is another man's weapon. Bitcoin was invented to change the world and to free people from the banks and their financial greed, yet the criminals too also steps in to swim together with the rest of the people. Logically, you will always have less corruption with bitcoin as it can't be controlled by anyone or any government
yes actually bitcoin is controlled by any non party person i think hard if used as tool of corruption. 
Logically, you will always have less corruption with bitcoin as it can't be controlled by anyone or any government
Any currency can be bribed as corruption to make things happen in this world, likewise bitcoin may or may not be used for the same and it's up to the person who does it. Bitcoin or any cryptocurrency never entertains such thing but wrong hands and wrong brains utilize this kind of technology in their favor which is uncontrollable as of now.
I do not even know how bitcoin can fight corruption. I think that the anonymity of cryptocurrency can stimulate corruption and illegal actions with finances. Anonymity is a lack of crypto currency, not an advantage. Why would a law-abiding citizen hide his payments?
if bitcoin is corrupt I think it is very difficult, because corrupt bitcoin is also monitored by bitcoin board, not people who have no responsibility to overcome it, so until now bitcoin can develop, because the bitcoin board is honest person.
I do not even know how bitcoin can fight corruption. I think that the anonymity of cryptocurrency can stimulate corruption and illegal actions with finances. Anonymity is a lack of crypto currency, not an advantage. Why would a law-abiding citizen hide his payments?
Corruption is caused by the heart of greed, and the currency is just a carrier, he and gold, real estate, masonry is the only difference is the currency due to security level is very high, so I'll ensure that corrupt money in COINS, this is because if they save money in the bank can easily tracking, so they will keep the currency.
We all know that too much want of money is considered as greedy and greed leads to corruption it is because those people wasn't contented on what they have so they used to be one of the corrupt people present in the society especially in the government.I believe that Bitcoin has nothing to do with the corruption,but maybe yes it can because all the transactions of bitcoin are anonymous and the corrupt people needs such type of platform to save their black money and to transfer them anywhere without taxes and without government consideration. Everything can be use either in positive of negative way, this is the negative use of bitcoin to do corruption.. This is most of the time described as an issue by users who has the willingness to invest but fear and stay away because of the decentralized system paving path for such activities.
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
If the government finds a solution how to control bitcoin, then corruption will begin. As long as the authorities do not know how to deal with all this, that is why they do not touch bitcoins with a ban, but once they understand what they need to do, they will immediately take the bitkoin to their hands. But I think they have nothing will turn out, bitcoin can not be taken under control. 
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
We all know that bitcoin is very powerful right now so it is very possible that it can lead to corruption if ever the power is overused or abused. This is one of the reasons why we should be careful on spreading bitcoin knowledge, we should avoid these greedy people who only wants to benefit theirselves even if it's gonna harm other people. Carefully analayze whom you're sharing to always.once a corrupt person always finds a way to corrupt in any way real money or in bitcoins.... using bitcoins for bribe is easy because it is anonymous transactions...
They can't just use bitcoin to bribe also they can use it to corruption and as well as money laundering. Governments are warning us that not only good citizens are into bitcoin now but as well as those people that are getting themselves involved to such crimes such which I mentioned.
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