Topic: Can Bitcoin also lead to corruption ? - page 3. (Read 51285 times)
Yes, they are possibilities that Bitcoin might lead to corruption. Because corruption is in everywhere. And we all know that Bitcoin is considered as a legal monay but still it can uses at illegal transactions. As long as they have people who are hunger to earn money and his only heart is at money, bitcoin can leads to corruption. And wont be shock with it, it is part of the diary of the world.
Every single one of those existed before bitcoin and they will exist after it. If bitcoin made being corrupted easier, so what? Internet also made so many crimes possible. People even can hire hitman from the internet.Bitcoin favors anonymity it is quite easy for people that are not ethical to slip into corrupted or at least non legal practices.
Bitcoin is for me a very good and convenient way to make online payments and it is very good in the present time to use this currency for online transactions and bitcoin is good for educated people and i have not heard any thing about bitcoin criminality and it is very useful that we can become the good investors in the crypto market and due to regular use of crypto we can successful.
Everyone to the government must be suspicious that bitcoin is used as a place to save money from corruption, of course this is reasonable because the bitcoin feature is anonymous so the owners of the bitcoin can not be known, but all of this back to someone, and I think it is not a matter of whether or not bitcoin corruption, but a person's mental problem.
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?
corruption is a bad character of humans, it can happen everywhere
Money laundering and criminals are sometimes in the crypto. some people take advantage of the weakness of crypto to be misused. this is obviously very much detrimental. community and bitcoin themselves become scapegoats for the behavior of these criminals.
Its conceivable I mean Bitcoin has the highlights that individuals need to undectected. It is near something what degenerate individuals need a case of it resembles a seaward bank in which you can send cash without other individuals realizing that it even existed. With Bitcoin nobody can commect you to a specific address not unless you are sufficiently reckless to give them your data which implies they can screen you starting now and into the foreseeable future.
I think that for bitcoin corruption is quite difficult because all forms of transactions are able to be tracked and someone will not be able to give a different opinion so bitcoin I think has a good system in the future.
maybe money from corruption can be bought coin. hopefully not happen.
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 is possible, corruption can always happen in every where.
I don't think so that it will happen into bitcoin or any altcoin as you of being corrupt. Only government only could do that because they control the whole area of their own country. Bitcoin can't control by anyone so I think it will happen into bitcoin.
Yes its all about government and they can control corruption but bitcoin is one of the best way to reduce poverty and provide to many of unemployed people best way for earning, so that's why corruption will never born in our society because they are very busy in earning of bitcoin.
I don't think so that it will happen into bitcoin or any altcoin as you of being corrupt. Only government only could do that because they control the whole area of their own country. Bitcoin can't control by anyone so I think it will happen into bitcoin.
Yes, bitcoin and other cryptocurrencies can lead to corruption. But it will not be hard to look at blockchain and realize who send BTC whom. And there are coins like Monero which more leads to corruption than bitcoin...
Yes, this is what makes all countries banned bitcoin and ICO, they think that crypto is a new way to hide money from corruption and other illegal transactions. but I think by making the regulation then everything becomes clear.
Yes, bitcoin and other cryptocurrencies can lead to corruption. But it will not be hard to look at blockchain and realize who send BTC whom. And there are coins like Monero which more leads to corruption than bitcoin...
This is what many countries fear, the presence of bitcoin into money laundering so that everyone is free to store in bitcoin unknowingly, but I think corruption is not a bitcoin problem, corruption is a person's evil mentality.
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.
I think it is not as long as bitcoin will not be holding by the government but corruption is everywhere and btc has prices and when there is money there is corruption because money leads to corruption.
Any type of money may lead to corruption. Bitcoin is not a currency as what the bank says, but it has a price and can be converted into fiat. Many people are making money from bitcoin, so it can also lead to corruption. Since transactions on btc is via peer to peer and we cannot directly identify the sender and receiver on every transaction, then anyone especially the powerful ones can act unethically. They can use btc on bribery, money laundering and other illegal activities.
Just like every other currency can lead to corruption so can bitcoin do with corrupt people are involved. Bitcoin can be used for money laundry, drug deal, arm purchase and other cyber crime related issues
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 wouldn’t lead to corruption, people will. The greed for money is just an unstoppable human nature. Bitcoin is probably the most powerful money as for now because its value is constantly changing. People’s lust for this power is just insane. But then again, bitcoin doesn’t have a centralized “government”, and that’s a good thing. It lessens the likeliness of monopoly and 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?
As far as Bitcoin can not be under full control of national authorities Bitcoin can lead to corruption. This is good instrument for making transactions. But Bitcoin has a lot of benefits at the same time.
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