Can Bitcoin also lead to corruption ? - page 80.

speem28

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Quote from: MingLee on May 10, 2017, 11:30:25 PM

Quote from: Karloff on May 10, 2017, 06:15:00 AM

Quote from: Xester on May 10, 2017, 06:11:58 AM

Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.

There are a lot of governments that are greedy and open to bribes, but there are some more decent governments that won't go and accept bribes without some decent convincing. Am I trying to say that all governments are incorruptible? No, but there are some decent governments and there can be a little more trust in officials assuming you don't live in most of the third world.

Well it is not really the actual government as a whole that I'm saying is corrupt, It's the people that are within it. Those greedy people that get easily driven to do bad things for money. There is always a person in every form of government or organization that can get easily swayed by money resulting to corruption.

iqlimasyadiqa

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Quote from: speem28 on April 11, 2017, 12:02:34 PM

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.

lienfaye

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Corruption is really happening when there is money involve, bicoin is a virtual currency hence its not exempted for that. it depends on the person who are using it, if he's a government employee then expect the possibility, im not saying all but most of them are corrupt and if they adopt to use btc it would be easier for them to do the deed.

TastyChillySauce00

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Quote from: Karloff on May 10, 2017, 06:15:00 AM

Quote from: Xester on May 10, 2017, 06:11:58 AM

Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.

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.

MingLee

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Quote from: Karloff on May 10, 2017, 06:15:00 AM

Quote from: Xester on May 10, 2017, 06:11:58 AM

Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.

There are a lot of governments that are greedy and open to bribes, but there are some more decent governments that won't go and accept bribes without some decent convincing. Am I trying to say that all governments are incorruptible? No, but there are some decent governments and there can be a little more trust in officials assuming you don't live in most of the third world.

uneng

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Quote from: Karloff on May 10, 2017, 06:15:00 AM

Quote from: Xester on May 10, 2017, 06:11:58 AM

Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.

Governments are always greedy because citizens are greedy and corrupt as well, otherwise they would elect decent governments. The only problem here is that the good citizens suffer because the most.
Because of this the individual right should be respected very much, so we minimize the suffering because thirds. Bitcoin helps this way, it doesn't lead us to corruption, but to the valorization individual persons.

litaf

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bitcoin will definitely lead to corruption. If you can buy drugs with bitcoin, you can definitely pay off some state officials with bitcoins.

Karloff

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Quote from: Xester on May 10, 2017, 06:11:58 AM

Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

Governments are always greedy people and thus corruption will always exist with real money or a crypto currency.

Xester

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Quote from: SamsungBitcoin on May 10, 2017, 05:57:03 AM

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.

SamsungBitcoin

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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.

kpcian

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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.

Wesimon

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Quote from: speem28 on April 11, 2017, 12:02:34 PM

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 what you have said, corruption is everywhere. Bitcoin can possibly be used in corruption since it is anonymous. We know the fact that bitcoin is really doing well ever since it started. So many people would have so much interest in its ability. There are also so much opportunity in bitcoin, so I wouldn't b shocked if bitcoin has been used in corruption.

Vikingr

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Quote from: ValeryBark on May 08, 2017, 12:51:16 PM

Corruption does not depend on money. Bitcoin nothing to do with. What corrupt officials do not take bribes in dollars? Even if the money is not at all they will take bribes of gold and products. It seems to me that it's just a reason to fight bitcoin.

Yeah that is also a good idea that corruption do not depend on money. Suppose there is a corrupt person then he will do corruption in any way no matter that what the currency is in his country or in what currency he is working he will know that this currency is convertible and then he will convert it to his desired currency. So corruption depend on the people and not on the type of currency.

BitcoinGirl.Club

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Quote from: chrisivl on May 09, 2017, 01:30:04 PM

Quote from: djordjamayna on May 09, 2017, 06:46:40 AM

It can lead actually since it is full anonymous

Yes, it will be much more convenient due to anonymity. Bitcoin will bring corruption to a new level Cheesy

I say Bitcoin only has partial anonymity it does not have that feature like other alts do and if you chose to bribe someone using bitcoin it would be easy for somebody to link a transaction to you which is evidence on its own, so using bitcoin for corrupt practices might be a bad idea because bitcoin is an open book. Am confident that bitcoin can not lead to corruption

chrisivl

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Quote from: djordjamayna on May 09, 2017, 06:46:40 AM

It can lead actually since it is full anonymous

Yes, it will be much more convenient due to anonymity. Bitcoin will bring corruption to a new level Cheesy

crypto.classroom

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Quote from: solitare on May 09, 2017, 05:27:47 AM

Money and Bitcoin don't lead to corruption.
Corrupt people would still be corrupt regardless of the type of currency used.

The current method of capital and money was invented at the advent of the first cities. Ancient Babylon worked out all the particulars of money in order to control the people and more efficiently profit from enslaving them. It also has many secondary benefits but the entire reason it as first created was to create a system under which the people would be compelled to accept.

Thousands of years later the same people that created money in the first place are still in power. They are the people behind the rulers we never see and few know about. The original money changers.

With the advent of Bitcoin and cryptocurrency, there is a chance for the people to break the chains of thousands of years servitude to "the machine"

djordjamayna

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It can lead actually since it is full anonymous

solitare

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Money and Bitcoin don't lead to corruption.
Corrupt people would still be corrupt regardless of the type of currency used.

deisik

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Quote from: Marma Kalari on May 08, 2017, 03:31:03 PM

Quote from: deisik on May 08, 2017, 01:12:39 PM

That is going to change in the future
Especially, if 1 bitcoin would be worth dozens of thousand of dollars (if not hundreds). Further, we should not forget about physical bitcoins like Casascius coins or OpenDime devices. These make Bitcoin a perfect tool for bribery. You can literally pack millions of dollars in just one flash stick and give it almost unnoticed. Even if something goes awry and you get caught red-handed, you can claim that this is just a USB stick with some insignificant reports

If someone is adamant to do something they will find a solution even if there are many restriction involved.Yes it is possible that millions of dollars can be transferred with the help of a USB stick but it is hard to acquire these kind of money and convert it to bitcoin without the help of a bank,if not you have to be a big time miner or with the help of a miner group .So i cannot consider this as a realistic situation

What exactly don't you consider as a realistic situation?

Have you missed to read even the first sentence of my post and actually read the whole post backwards? You don't have to buy million dollars worth of bitcoins and still less mine them. You have just sit and wait patiently until Bitcoin appreciates to these figures on its own. Then you already have million dollars as bitcoins in your hands "without the help of a bank". You are your own bank, don't forget that

goldcoinminer

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Quote from: grermezter on May 08, 2017, 05:10:48 PM

First and foremost, i have my doubts on how bitcoins can lead to corruption, i can know that people can use bitcoins as a means of corrupting people.

It will not lead to corruption if it will be controlled by the government, they have regulations
to impose on proper handing of bitcoins and it should be followed.

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