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Topic: Can Bitcoin also lead to corruption ? - page 79. (Read 51258 times)

legendary
Activity: 3010
Merit: 1028
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In any system where there is a dependence on consensus among humans, there will be such a possibility, but in Bitcoin this would be very unlikely to happen, since miners would be harming themselves.
Bitcoin or other crypto can just help to corruption to spread, by my opinion. Today there is currencies and technologies where you can't see the money road. it's hidden where from it sent and where it taken. In today's world in many countries the judgement for corruption is very easy, I live in Russia and I can guarantee you that with those people the government doesn't use something serious, all that makes to corruption to bloom.
Tell me why the majority of cryptocurrency can be traced through blockchain explorer which provided by their own developers while the real money in which often used for currency can't and you're already thinking that these cryptocurrencies could spread the corruption? Which financial system that shows transparently to the public without the need of permission except the blockchain? there's none.
Probably people who said that bitcoin could get the corruption worse is those who know nothing, it's really clear that every transaction will be saved up in the blockchain forever, blockchain(in this case used by bitcoin) is actually more transparent than any existed financial system.
sr. member
Activity: 448
Merit: 250
Wealth can very much lead to corruption. Provided that Bitcoin favors anonymity it is quite easy for people that are not ethical to slip into corrupted or at least non legal practices.
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, why not its have a value same as money. The government will also used this in corruption because of the price and the uses of this cryto currency. It has an advatages compare to cash/credit card, not only on our country but around the world. This will be the reason why government use in corruption they will make a money from the society and use to invest in bitcoin because of big profit using a bitcoin.
hero member
Activity: 588
Merit: 500
In any system where there is a dependence on consensus among humans, there will be such a possibility, but in Bitcoin this would be very unlikely to happen, since miners would be harming themselves.
Bitcoin or other crypto can just help to corruption to spread, by my opinion. Today there is currencies and technologies where you can't see the money road. it's hidden where from it sent and where it taken. In today's world in many countries the judgement for corruption is very easy, I live in Russia and I can guarantee you that with those people the government doesn't use something serious, all that makes to corruption to bloom.
sr. member
Activity: 524
Merit: 250
The chances is very big, bitcoin is anonymous so it could be used to hide the money. Maybe the price increase because many corruptor switch their money to bitcoin. Cheesy
sr. member
Activity: 742
Merit: 329
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Any money, currency or anything can be used in bad way that really depends on that person whether to use it for goodness or the other way around that is including Bitcoin. It really is a question of the values, principles, and manners of that persom really.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
In a real life,  we are experienced in the corruption. It's happening everywhere.
So in a virtual world, it would be easier to run such type of activity. Some greedy people who are always and all the ways to make their money through corruption.
So bitcoin is not out of this.
I think despite the absence of bitcoin though, corruption will still happen because it is the greedy nature of some people. So do not blame the bitcoin. Blame those who are too greedy

Basically all of the kind of currency is ever used for the illegal activities. The dumb person just try to blame the bitcoin without trying to get about the fact.

The greedy person will always be finding a way to do illegal activity. In this case it's not bitcoin's fault.
hero member
Activity: 1148
Merit: 504
In a real life,  we are experienced in the corruption. It's happening everywhere.
So in a virtual world, it would be easier to run such type of activity. Some greedy people who are always and all the ways to make their money through corruption.
So bitcoin is not out of this.
I think despite the absence of bitcoin though, corruption will still happen because it is the greedy nature of some people. So do not blame the bitcoin. Blame those who are too greedy
legendary
Activity: 1274
Merit: 1004
yes it can happen but I see a wonderful option here, its that we can include comments and notes in the transactions which are going to be recorded and stored in the network forever. so if anyone tried to corrupt the network all we need to do is just place a note in that corrupt money txd. and he will be spotted everywhere and also I think most transactions should use the notes features to minimize the chances of being corrupt
hero member
Activity: 2170
Merit: 528
Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
Are we living on the same planet? I think you overestimate goodness and altruism level in people. Governments were created to serve but this is no longer the case.
Most politicians I see are crooked greedy bastards, even, or especially world elites. Money rules over everything, corporations and business own politicians.

There is so much dirt behind the scenes, more that we can even imagine. Corruption will never be fully deleted it will only evolve.
Lets not judge all politicians to be all bad persons. If they do than there is no country in this world that is progressing. Right now you can see that some governments of their own countries have the right way on how to run a country and how they make it develop more. Its not always the governments fault, in fact some of us have the right to vote our own bets for who will run our country making it also our fault why some of our officials are crooked

Countries are evolving despite politicians, not thanks to them

It is really bordering on ridiculous to claim that an overall progress is due to some government intervention. Personally, I keep to the opinion that the best a government can do is not to hinder too much or interfere too deep with the development of society. In other words, they can make things terribly worse but they can hardly make them a lot better. It is like today's miners, while many if not all of them may be nice guys individually, but together, as a system, they are as rogue and ruthless as any other capitalist out there hell-bent on sucking in profits
Lincoln would be proud.

I agree with this, the government should be there to make alliances  and pacts in times of peace and command in times of war. It's there to observe and guide people.
Unfortunately almost every government abuses the trust given to it and oppresses the people instead of giving them freedom. Too high taxes, too high wages of politicians, corruption... these are just a few things governments have in common.
legendary
Activity: 3486
Merit: 1280
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Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
Are we living on the same planet? I think you overestimate goodness and altruism level in people. Governments were created to serve but this is no longer the case.
Most politicians I see are crooked greedy bastards, even, or especially world elites. Money rules over everything, corporations and business own politicians.

There is so much dirt behind the scenes, more that we can even imagine. Corruption will never be fully deleted it will only evolve.
Lets not judge all politicians to be all bad persons. If they do than there is no country in this world that is progressing. Right now you can see that some governments of their own countries have the right way on how to run a country and how they make it develop more. Its not always the governments fault, in fact some of us have the right to vote our own bets for who will run our country making it also our fault why some of our officials are crooked

Countries are evolving despite politicians, not thanks to them

It is really bordering on ridiculous to claim that an overall progress is due to some government intervention. Personally, I keep to the opinion that the best a government can do is not to hinder too much or interfere too deep with the development of society. In other words, they can make things terribly worse but they can hardly make them a lot better. It is like today's miners, while many if not all of them may be nice guys individually, but together, as a system, they are as rogue and ruthless as any other capitalist out there hell-bent on sucking in profits
full member
Activity: 238
Merit: 250
In any system where there is a dependence on consensus among humans, there will be such a possibility, but in Bitcoin this would be very unlikely to happen, since miners would be harming themselves.
hero member
Activity: 1680
Merit: 655
Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
Are we living on the same planet? I think you overestimate goodness and altruism level in people. Governments were created to serve but this is no longer the case.
Most politicians I see are crooked greedy bastards, even, or especially world elites. Money rules over everything, corporations and business own politicians.

There is so much dirt behind the scenes, more that we can even imagine. Corruption will never be fully deleted it will only evolve.
Lets not judge all politicians to be all bad persons. If they do than there is no country in this world that is progressing. Right now you can see that some governments of their own countries have the right way on how to run a country and how they make it develop more. Its not always the governments fault, in fact some of us have the right to vote our own bets for who will run our country making it also our fault why some of our officials are crooked.
legendary
Activity: 1596
Merit: 1005
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Governments aren't greedy, government exists to keep country alive and existent, what makes the government corrupt is people inside it, some are greedy and pathetic while there's still good people exist inside the government. It's wrong to say that government is greedy and corrupt if without it, a country will never hold on and the whole country will be destroyed then.
Are we living on the same planet? I think you overestimate goodness and altruism level in people. Governments were created to serve but this is no longer the case.
Most politicians I see are crooked greedy bastards, even, or especially world elites. Money rules over everything, corporations and business own politicians.

There is so much dirt behind the scenes, more that we can even imagine. Corruption will never be fully deleted it will only evolve.
sr. member
Activity: 882
Merit: 258
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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, it can lead to corruption. It is possible to happen because as what you said when it comes to money there are people who become greedy just to have it. But if everyone use it well this cant be happen. i hope that no one will be greedy in this forum so that we will not experience that corruption here.
sr. member
Activity: 546
Merit: 255
In a real life,  we are experienced in the corruption. It's happening everywhere.
So in a virtual world, it would be easier to run such type of activity. Some greedy people who are always and all the ways to make their money through corruption.
So bitcoin is not out of this.
Yeah this (corruption) has happened anywhere and before bitcoin is there though. So I think when there is corruption in your country. Do not blame the bitcoin. Because previously corruption also existed


It's not that we're blaming bitcoin over corruption, Yes we know that in almost every place or country there is corruption and those greedy people are doing it in almost exactly the same. Sometimes they get easily caught because we all know that they're doing it with some investigation on their 'transactions. The point here is that due to the features of bitcoin like its anonymity, we really can't track their transaction so this can be used as a way to hide their corrupted money.
sr. member
Activity: 317
Merit: 251
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 own personal point of view it might lead to corruption because it involves money anything that involves money can lead to corruption however if people who organize bitcoin have a dedication to straight business with no monkey business corruption can be avoided and there will be no room for corruption to be evolved in bitcoin.
sr. member
Activity: 476
Merit: 250
In a real life,  we are experienced in the corruption. It's happening everywhere.
So in a virtual world, it would be easier to run such type of activity. Some greedy people who are always and all the ways to make their money through corruption.
So bitcoin is not out of this.
Yeah this (corruption) has happened anywhere and before bitcoin is there though. So I think when there is corruption in your country. Do not blame the bitcoin. Because previously corruption also existed

legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
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 currently many people are abusing the use of bitcoin. They only do activities that are negative. See from the way it works, of course bitcoin can make it easy to do various financial transactions. This can facilitate the perpetrators of corruption to hide their wealth. This is what we have to think about, there must be a rule that regulates the use of bitcoin. There must be an active role of government to support the use of bitcoin in the community

And how are you going to implement this rule?

As well as how many people are abusing the use of bitcoin exactly and in which way precisely? It seems like a loaded post, so to speak. In every sentence of your post (save, maybe, just for one sentence), you say something negative about Bitcoin, and then you proceed to assume that without government Bitcoin use cannot be supported. Should we thus conclude that without government all Bitcoin use is in fact abuse? What is your agenda here and how much does the government (or whoever) pay you for spreading this trash about Bitcoin?
hero member
Activity: 952
Merit: 500
Yes, if government already adopt bitcoin as centralized currency because most of the government official are currupt.
And also it may lead on stafa or scam as of now there are lot of people do scamming other users and that is their way to earn bitcoin.

Bitcoin is just a tool, a currency just like our local currencies does. Corruption does not come from the currency itself but corruption is a state resulting from an act of greediness of a person. As long as there are greedy and corrupt personalities we can never be freed from it and thus it may be bitcoin or traditional currency it is still prone to corruption.
I completely agree with you, it's the users who made decision and the tool or bitcoin would
not be useful if it is not use properly or will not be used.
sr. member
Activity: 546
Merit: 255
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?
There must be an active role of government to support the use of bitcoin in the community.
I got lost in here pal, but what do you mean by this? Do you want the government to somehow have a control over bitcoin so that they can also monitor transaction of their employees that they think are doing something bad? If this is the case, I doubt it will ever happen, because even the government are rejecting or accepting the use of bitcoin in other countries.
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