Topic: Can Bitcoin also lead to corruption ? - page 37. (Read 51285 times)
It is considered that it will be possible to get rid of corruption and theft only by changing society and institutions. However, it can be done much easier - with the help of computer technology, from which it will be impossible to hide. I believe that bitcoin in some part struggles with corruption.
it is us people that will lead Bitcoin to corruption if we abuse it. Especially in politics. Tracking laundered money would be hard if it would be converted to bitcoin or any other cyrptocurrency.
Lol, I kept on laughing after reading this. Yes, we are the ones that’s corrupt, but we can’t just be corrupt without any reason (though there are some people who are naturally evil) there are things that pushes most of us to do what we don’t want to do and that is money. Bitcoin is money, Gold is also money, and when we seek these things, those of us who don’t achieve them tends to do so by going through the evils means of getting it.Are you saying it's that thing's fault that people can't control their urges? That thing deserves to be punished because it causes people to misbehave?
it is us people that will lead Bitcoin to corruption if we abuse it. Especially in politics. Tracking laundered money would be hard if it would be converted to bitcoin or any other cyrptocurrency.
Lol, I kept on laughing after reading this. Yes, we are the ones that’s corrupt, but we can’t just be corrupt without any reason (though there are some people who are naturally evil) there are things that pushes most of us to do what we don’t want to do and that is money. Bitcoin is money, Gold is also money, and when we seek these things, those of us who don’t achieve them tends to do so by going through the evils means of getting it. 
Wrong doing like corruption is not about the tool they use its about the person who wants to do the act. Anything that involves money can be used in corruption or anything you want it to be used.
Power corrupts, bitcoin is power, so of cours bitcoin cand corrupt, especially if that person has some attraction for extra incomes.
In my opinion, there is nothing either good or bad which bitcoin can actually do. It is we, the owners of bitcoin which have to decide this thing that either bitcoin will be used in some good things or in some kind of illegal activities. The point is we cannot stop bitcoin from being used in corruption and other kind of illegal activities if the major stakeholders of bitcoin want to use it for such purpose.
You can not blame any currency is the evil and makes the people used that currency for their crime.
We created the currency and this payment system => We are the evil if that currency used for crime.
Power corrupts, bitcoin is power, so of cours bitcoin cand corrupt, especially if that person has some attraction for extra incomes.
In my opinion, there is nothing either good or bad which bitcoin can actually do. It is we, the owners of bitcoin which have to decide this thing that either bitcoin will be used in some good things or in some kind of illegal activities. The point is we cannot stop bitcoin from being used in corruption and other kind of illegal activities if the major stakeholders of bitcoin want to use it for such purpose.
it is us people that will lead Bitcoin to corruption if we abuse it. Especially in politics. Tracking laundered money would be hard if it would be converted to bitcoin or any other cyrptocurrency.
I think corruption is no longer alien to our ears, many people out there are corrupt.
But in this case I think bitcoin has nothing to do with people who do corruption because corruption is all pure in their hearts to start corruption,bitcoin could be a tool to save corrupt people.
With its system using technology it is now possible making it difficult for us to know and catch people who are corrupt or not.
But in this case I think bitcoin has nothing to do with people who do corruption because corruption is all pure in their hearts to start corruption,bitcoin could be a tool to save corrupt people.
With its system using technology it is now possible making it difficult for us to know and catch people who are corrupt or not.
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 that it will, In my own opinion government are stealing money from tax without being noticed and if bitcoins will be manipulated by our government then the value will decrease and they will use the money for their own purpose.
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 can lead to corruption when the government will include on it. Because money are involved corruption is not possible in every economy.
Bitcoin is just a payment system and it would not function if we will not use it, in short it's a tool so if we make illegal transactions using bitcoin, that is our fault and not on the system.
In addition to this, bitcoin is a savior. It has given freedom to common people. Nobody can snatch public’s money by heavy taxing.
Bitcoin is just like other currencies and even before bitcoin, corruption was there and people do corruption even with paper 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?
I think it can lead to corruption when the government will include on it. Because money are involved corruption is not possible in every economy.
Bitcoin is just a payment system and it would not function if we will not use it, in short it's a tool so if we make illegal transactions using bitcoin, that is our fault and not on the system.
In addition to this, bitcoin is a savior. It has given freedom to common people. Nobody can snatch public’s money by heavy taxing.
Bitcoin is just like other currencies and even before bitcoin, corruption was there and people do corruption even with paper money.
Anything with a big value can lead to corruption, but we have to control our selves in order to keep us away from that.
You can just earn your money with a legal way because crime money will not last long and as the quote say : "Easy come easy go".
There is corruption even in the IT world which can cause very serious problems (like Wanna Cry).
You can just earn your money with a legal way because crime money will not last long and as the quote say : "Easy come easy go".
There is corruption even in the IT world which can cause very serious problems (like Wanna Cry).
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?
Obviously yes, if bitcoin in every country will be handled by government then they will place tax rate on it and they will manipulate the price's and that is the time consumers will lose their interest.
The more corrupt the type of corruption, corruptors will try to secure the money of corruption, I think corruptors understand that saving money in bitcoin is very risky because the value can drop so he loses. corruptors prefer to keep money to foreign banks rather than 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 is considered as money because it has a value but no one holds bitcoin because its decentralize unlike money that is hold by governments so theres no way that bitcoin can lead to corruption not unless they will legalize it to a country and banks and governments will hold it then it would likely lead to corruption soon and governments will more likely to add law to it like putting tax on bitcoins which is i find unfair.
Due to the fact that Bitcoin transactions are untraceable and no one knows which transaction is used to pay a criminal activity or for a money laundry, we can say that Bitcoin can help corrupted people.In the other hand Bitcoin can be used to fund charitable works or supporting good causes. Therefore, we can not blame Bitcoin network because of people misusing it.
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 can lead to corruption when the government will include on it. Because money are involved corruption is not possible in every economy.
Bitcoin is just a payment system and it would not function if we will not use it, in short it's a tool so if we make illegal transactions using bitcoin, that is our fault and not on the system.
In addition to this, bitcoin is a savior. It has given freedom to common people. Nobody can snatch public’s money by heavy taxing.
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?
Maybe you are taking about greed? I dont see where to apply corruption here. Are you trying to say those who manage campaigns or those who've been entrusted with huge amount of coins to be distributed? I think they are accountable for all the accountings of every penny they distribute.
Corruption is to Bitcoin like air is to a bird. It's the natural environment. Greed, lack of regulation, possible anonymity, irreversible transactions. It's a perfect formula.
As an actual ledger it can't be corrupted and that may well help reduce overall corruption elsewhere. Many things surrounding it carry a fairly nasty smell.
As an actual ledger it can't be corrupted and that may well help reduce overall corruption elsewhere. Many things surrounding it carry a fairly nasty smell.
Corruption is in everywhere. In school, market, home and specially in government. For example in school, getting a high grades and you were desperate with it, you chose to cheat and do the wrong way, this is a kind of corrupting a grades to get something. And I would not be shock if there will be no corruption here but if it isnt thanks to God. So let us be a good steward to stop corruption.
the corruption and the bitcoin are two separate things. bitcoin is the way in which we can earn. in bitcoin there is very low level of chances of corruption. bitcoin help to those people which are unemployed and it is better thing.
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