Topic: Can Bitcoin also lead to corruption ? - page 33. (Read 51285 times)
Bitcoin cant be ignored from anybody, and with the big value achieved we can expect hackers and alot projects running away with our coins, it had happened in the past with some exchanges already, cloud companies, a lot projects getting live these days and the only purpose is to steal your coins, soo as fiat bitcoin can be used for any kind of purposes.
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 can happen anywhere and anytime, especially if in terms of money, everything is in the individual
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 can happen anywhere and anytime, especially if in terms of money, everything is in the individual
Bitcoin is mostly rated from the last of accountancy so that means the real problems we have faced from hundred years or maybe more are already being answered in the accountancy and now she is bitcoin have all those formulas and all the solutions so I don't think it is possible for Bitcoin to be corrupt. The block chain ledger keeps all the records of the transactions and nobody can corrupt in anyway (or at least till today).
No. I don't think so. No one controls Bitcoin even government. Bitcoin is a software, no one owns the authority of it. So corruption is very unlikely to happen. That is why many people are in to Bitcoin because of this characteristics.
well we all know that corruption is everywhere even in the known holy place which is church theres also corruption going on.so yes bitcoin can be an instrument in corruption.
The corruption in Bitcoin isn't the same corruptions in the church at all. It's the supertitive and the Bitcoin's corruption is about the economics, it could lead to a big problem , it can raise the food or supplies's price for sure.
What's annoying me is that high profile individuals are blaming Bitcoin for corruption.
Corruption comes from within.
Corruption is as old as any other vice, as old as the oldest religious book, and has been there even before the scriptures from that book were put on paper.
Corruption comes from within.
Corruption is as old as any other vice, as old as the oldest religious book, and has been there even before the scriptures from that book were put on paper.
well we all know that corruption is everywhere even in the known holy place which is church theres also corruption going on.so yes bitcoin can be an instrument 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?
This ought to be true. The problem is bitcoin has a very high value, and some people are way too greedy, so they end up wanting to acquire more bitcoin than normal. That is why it may lead 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?
This ought to be true. The problem is bitcoin has a very high value, and some people are way too greedy, so they end up wanting to acquire more bitcoin than normal. That is why it may lead to corruption.
I think bitcoin can be used as the instrument for corruption. Today bitcoin stays not so known and not so many people knoe about it. But in nearly future when bitcoin will be spreaded on our daily life and more people will talk about it politicians or businessmen can start to use bitcoin for their financial operations. The main factor here is that with bitcoin you can hide your indentity and such corruption money making can have place to be very often.
I agree with you, because I think corruption is a very dangerous disease, so sometimes we stay exposed to symptoms. And the perpetrators of corruption are thieves, just as tight as us, thieves will still look for our negligence. so we should be more vigilant with bitcoin security that we have 
With the anonymity of bitcoin, it can easily attract people to use it to corruption because they will have a clear and calm state of mind that they can easily hide from the other authorities because of the difficulties to track bitcoin down and that is why it is very open for corruption and can be abused by the people.
I don't think the word "corruption" can be used in this kind of ecosystem, why did I say so? because we all know cryptocurrency such as bitcoin works in a decentralized structure so no one is in control when you look at it in the bigger picture but if you look close to specific services then corruption might be use as a term but I bet to disagree I rather say its a tactical move to gain profit within a specific service offered to earn bitcoin and if you look at it is in a proper way because it is not compulsory taken out to anybody who holds bitcoin, it is more like a voluntarily move.
Maybe if government or having authority are going to be involved it's a big chance leading to corruption because it may become centralized form so the authority has a power control bitcoin or other type of cryptocurrencies. As long as the system does not change corruption will be prevented.
Maybe this will happen but it is all secret and I have never heard of corruption news ever. It could be the perfect tool for corrupt developers because of incognito, global, irreversible transactions, easy wallet creation, ...
However, it is difficult for you to explain the source of that money, no papers, no sender information, no reason to explain that source of money, they will not believe you.
However, it is difficult for you to explain the source of that money, no papers, no sender information, no reason to explain that source of money, they will not believe you.
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 can cause anyone's corruption if the abuse of bitcoin has been made. if the better understanding of these is made for any selfish motive. it all depends on the person and his intention.
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 can cause anyone's corruption if the abuse of bitcoin has been made. if the better understanding of these is made for any selfish motive. it all depends on the person and his intention.
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 can happen anywhere and anytime, especially if in terms of money, everything is in the individual
I don't think so. Because, bitcoin is the digital currency. Want corruption how? but what I fear is that hackers are hunting for bitcoin. I have never heard a hacker against bitcoin. I don't know whether the future hackers will be present or not.
no bitcoin cant lead to corruption. bitcoin uses decentralised blockchain as a form exchange. also, government does no hold or control any cryptocurrency that can be corrupted.
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