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?
Of course it is going to happen but I do not care, corruption already happens everywhere it is just the reality of life and you need to accept it and move on, that does not mean you need to corrupt yourself but accept the fact that corruption is inevitable. 
Topic: Can Bitcoin also lead to corruption ? - page 58. (Read 51258 times)
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?
For me it is a no because we all know that bitcoin isn't under the government hands so that they didn't able to manipulate it or even get some of it. Bitcoin is a digital cryptocurrency that is online or with technology that is depend on the people if it will be gone or not. So if it corrupted it is because the people who are using it.
It seems to me that bitcoin is already very widely used in corruption because of human greed. As long as people are greedy, they will use everything that has value for corruption.
Bitcoin is not meant to be used in corruption, but as you know human are so intelligent, they always find ways to make every good thing and profitable thing into illegal way, yes you are tight bitcoin is used in corruption but look it is bitcoin’s fault, if bitcoin is become legal in any country then it is also the loss of its users so it is good for bitcoin to work exactly the same way as it is. 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, but what it is today is very different from the government.There is lesser percentage compared to the corruption in the government bacause the money they corrupt comes from the taxes where people mandatoryly needs to pay but here no one collects money. It depends on the person who use a bitcoin, but i don't think so that people can corrupt through bitcoin, i mean how people do that? Bitcoin is not in there hand, it is in the wallet so i think it is hard to corrupt their bitcoin.
yes you are right bitcoin is being use by thousands of the people now and they are using bitcoin for different purposes not only for trading and investing so anything can happen in it. Corruption is a big problem today in a lot of countries and they are trying to overtake this issue and one more thing bitcoin is a secure but a private currency anything can happen through it and we cannot blame the innocent bitcoin for this evil. 
What kind of corruptions you are talking about? Bribes? Money laundering? Insider trading? 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 hitmen from the internet. Do we blame the internet for that? No. Every technological advancement comes with pros&cons.
Exactly once, it's all back to the user again, if used for good then it will be good, but when used for bad things it will also be able to ruin it all this tergantuing from the purpose of bitcoin users themselves
Yes even crypto currencies can be affected by corruption after all it is just a currency and it all depends on the user on how or what do they use it. There are even lots of scam that is occuring with bitcoin like for example ponzi schemes suck ws cloud mining, hyip an other pyramid schemes that offers you to earn big amount of bitcoin that is to good to be true. Even fiat currencies can be used for corruption so its also the same with crypto currencies as long as there are users good or bad they can use their money however they like.
Yes. Absolutely possible. In my opinion it is in human nature. It is inevitable. Every circumstances has the possibility to be place on a situation that everyone states here. As long as someone would take advantage of something or someone for their own good , which i pressume is typical and known in every business, then curruption will always be there. Again it is inevitable may it be a small time or big time it always happens in everyday living and so could happen in bitcoin industry.
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?
In my opinion yes, very possible for bitcoin lead to corruption. Actually not all people know about bitcoin, if a person do a corruption and convert all his money from corruption into bitcoin, his money will be save because it will be hard to trace where is the money goes. Bitcoin is a perfect way to money laundry thpugh, but i hope no one use bitcoin as a crime.
It seems to me that bitcoin is already very widely used in corruption because of human greed. As long as people are greedy, they will use everything that has value for corruption.
Yes. I also believe that human greed can be one of the reasons to become corrupt because many people will be temp to perform negative actions as well as plunder or scamming because of the greediness. But I can say that this corruption that is arising will be healed or will be aid because different people are moving into it.
Well, we see where is corruption than definitely corruption is depend on money, and as you said in this thread, Bitcoin is also name of money, than if bitcoin is use for bad thing like corruption, than it is not mistake of bitcoin, it is our mistake where we use bitcoin for corruption.
yes that is right and bitcoin is money, so it can lead corruption but i think we cannot blame bitcoin for that, as if bitcoin was not introduce they will then find other ways for corruption. but they are not going to stop corruption, as corruption is in their nature. It's not bitcoins fault, corruption has been with mankind thousand of years and I don't think using bitcoin is an exception to that. As you have said, bitcoin is money, so if greed takes over from someone's mind, people are more willing to act dishonest in return of bitcoin for personal gain.
Yes, corruption will exist with any currency as long as there is demand and greed. Few can refuse from temptation.
I think yes it will cause us soke corruption because of the people that is very greedy in bitcoin. Many people that is overcome by their greed cause it because of playing gambling and very addicted. I think the addict ones are can be the main reasons or can be one of the reason of being corrupt.
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?
For me it is a no because we all know that bitcoin isn't under the government hands so that they didn't able to manipulate it or even get some of it. Bitcoin is a digital cryptocurrency that is online or with technology that is depend on the people if it will be gone or not. So if it corrupted it is because the people who are using 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?
Maybe it can lead to corruption if and only if a greedy person will be involved in this like the government fpr example. The good thing about bitcoin is they are decentralized which means we are the one who controls our money, even if we are greedy to gain it we are the one who will be damaged no harm done to other people. And so far I do not heard some gossips that there is a corruption happeningin this business and I know as long as we are contented to it, it will be successful in the future.
i wonder why bitcoin always be linked with things that are not good such as corruption, money laundering or drugs but in this case in my point of view bitcoin cannot lead people to corruption because it all pure from the bottom of their heart to starting corruption but indeed bitcoin could be the tool to storing corruption money
Maybe yes. Because if its become legal the government will take hold of bitcoin. But if many people using it instead of stsying in social media. Stay in bitcoi to earn money so that you can earn and it can help you especially in financial aspect.
as far as now,i think blockchain can not change our humanity and our social system
Yes it could lead to the corruption especially if the government would be able to take hold of it. Everything that comes along the way that has the government holding it will always lead to corruption because they know there is money there.
It can be used in corruption practices. Its anonimity results to easier use for corruption. A disadvantage that depends on the user of the bitcoin. Everything that has a value like bitcoin can be used in corruption, there are greedy people everywhere we just need to be responsible users of bitcoin.
It depends on the person who use a bitcoin, but i don't think so that people can corrupt through bitcoin, i mean how people do that? Bitcoin is not in there hand, it is in the wallet so i think it is hard to corrupt their bitcoin.
It seems to me that bitcoin is already very widely used in corruption because of human greed. As long as people are greedy, they will use everything that has value for 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?
I think it's more difficult to corrupt if the money is in the form of Bitcoin, because the bitcoin transaction is transparent and can be seen by the public. So we can know to which address the money is sent. If we are still using paper money then we will be more difficult to trace the transaction. Because most of transactions using fiat are not recorded. Jump to: