Topic: Can Bitcoin also lead to corruption ? - page 14. (Read 51285 times)
The thing that many governments fear about the presence of bitcoin is used as money laundry, the anonymous feature of bitcoin makes everything perfect for burying money safely.
Bitcoin generally uses at online marketplace. If we use anything roughly then we can not blame about that. By the choice of people, bitcoin is the very popular and honest system till now. Nowadays very less people know about bitcoin but it is being famous day by day and people are knowing about it.
One day will come when people will use it to hide their black money because no one counts this sites money.Politicians can use it for their extra benefit because no one can get their identity and most of the politicians of every country are so much corrupted. If people start rough use of bitcoin it can be the tool of corruption though it is just a tool for payment.
One day will come when people will use it to hide their black money because no one counts this sites money.Politicians can use it for their extra benefit because no one can get their identity and most of the politicians of every country are so much corrupted. If people start rough use of bitcoin it can be the tool of corruption though it is just a tool for payment.
Maybe there are some ways of corruption, but it's probably woudn't be BTC fault. So i would say no
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?
Everything related to money and property can be corrupted, but the way is different. Each system has a gap.Yes, right. Where there is money, interests and human greed there is the possibility of corruption. That's why bitcoin can be used for corrupting.
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?
Everything related to money and property can be corrupted, but the way is different. Each system has a gap. 
for me it doesn't do. i mean bitcoin can't lead to corruption because the government itself cannot take some taxes in bitcoin and the government doesn't have a control over bitcoin. even though in the future the government can't use bitcoin in corruption.
corruption is for government official who wants to became millionare instant and they are the pollution in every country that has a corruption, it would not lead to the corruption because government has no power to control the bitcoin in all over the world, bitcoin can be use any people we don't know one of the member here is governement official and have an investment in bitcoin to grow his/her money
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?
Will in my own opinion corruption comes from government.Government cant acces bitcoin because its a international currency bitcoin will never go for it.If corruption excist maybe on a bounty like a bounty manager.I guess he can make here other account give big share than the other who work hard just to earn...
Corruption is everywhere, from underdeveloped to developed economies. Corrupt people and their greed for money led to corruption, not any currency. People can use money earned from corruption activity in bitcoin exchanges. Bitcoin is just a tool of investment. Use of any currency depends on the holder of that currency one can use it to help other or can use to do some corruot activity. Countries like Australia, Canada are banning bitcoin currency, because bitcoin is getting used in illegal activities. Bitcoin is a decentralised, autonomous currency; holder of the same can use it for any purpose of his choice.
Yes of course!!! There are two ways where it may lead to corruption! There may be a corruption on the side of the bitcoin developers pr the largest owners to always keep the bitcoin price at a certain level (just like in the case of diamonds where prices are artificially controlled to keep the demand high). The other corruption will be at the end of the regular bureaucrat who may ask donations or bribe in terms of bitcoin. We must remember that bitcoin in itself may be untrackaeable. It only becomes paper trail once someone monetizes it! So, there is still some years ahead of us to prove that it is actually better than the current system 
If you are talking to different countries and the status of corruption,maybe yes.For in my country corruption is so spread everywhere and every government agency have someone who is corrupt.Then there is a much possibility that bitcoins can be corrupted.
For me yes, there are possible that bitcoin lead to corruption using human. Actually not all people know about bitcoin, if a person do a corruption and convert all his money from corruption into bitcoin, their money will be save because it will be hard to trace where is the money goes. It is all about the Intension of people to do corruption using bitcoin.
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?
Bitcoin give help people to reduce poor people. Reduce to corruption that's people wants to be.
Speaking of corruption Corruption occurs because of money and the presence of greedy people who take the property of others. Bitcoin can be considered money, so I think bitcoin causes corruption. Because things including money will inevitably lead to corruption. Until now I still wonder why many people are that abusing bitcoin.
Yes, It can be used in corruption. Its anonimity can be results to use for corruption.. Everything that has a value like money and bitcoin can be used in corruption, but if our goverment can regulate bitcoin, it can prevent to 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?
It depends. As of now bitcoin cannot lead into corruption because bitcoin has not been taxed. If the government insert a tax on bitcoin I think that's the start of a corruption in bitcoin. But there are still good people that wants to use the money of people in good ways but there are also people out there that uses the money of people on just their own.
Stealing the bitcoin of the account of a person is a form of corruption since corruption is in a form of stealing the possession of not his/hers.
Anything of value can lead to corruption! Of course, with anonymity bitcoin offers some advantages, but so is it for cash, diamond, gold,...you name it.
So, don't blame bitcoin!
but to track it is not too difficult. to be able to detect a corruptor because of one of the benefits of the blockchain system. if the corruptor thinks the bitcoin is an escape it is an error So, don't blame bitcoin!
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...
Indeed and corrupt people will become more corrupt because bitcoin transaction is anonymous and decentralized. On top of that, bitcoin can be a perfect tool for criminals to commit crimes.
Anything of value can lead to corruption! Of course, with anonymity bitcoin offers some advantages, but so is it for cash, diamond, gold,...you name it.
So, don't blame bitcoin!
So, don't blame bitcoin!
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