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Topic: Can Bitcoin reduce corruption in governance? - page 2. (Read 221 times)

legendary
Activity: 2828
Merit: 1515
The biggest corruption of modern, so called "democratic," government are culpable for are the theft of economic liberty from their constituency. Serving nothing but their own greed. I don't think it's possible to achieve a corrupt free society. Putting yourself in a position unreliant on the corrupt systems is a better solution.

If you start with the notion that economic systems are inherently corrupt, you would find that Bitcoin relieves dependency of the traditional economic systems ran by the government. Of course that's not fair presumption to make, but seeing as nearly every major currency is a sinking ship, self inflicted no less, it may be a prudent one (perhaps the system is not responsible, but individuals  Shocked)

sr. member
Activity: 574
Merit: 290
Bitcoin in Niger State💯
My interest in politics and governance has driven me into wondering and asking if Blockchain technologies can be used to eliminate or reduce corruption in governance?

I believe that the invention of new technologies, in most occasions, do come along with opportunities to both efficiency and fairness. Therefore, Bitcoin should be able to offer some opportunities for the Government, to reduce corruption, for instance, in terms of transparency in Public Procurements and tracking of Land registries, amongst many others.

I wish to leave the discussion open so that I can get a birds eye-view from experts on this forum, who will bring in purposeful elucidations that can expand the scope of discussion.

Bitcoin should be able to proffer solutions to some of the inefficiencies and leakages in our government (tax authorities) including in the tax system. How can we take advantages of this fine Blockchain technology to achieve a corrupt-free society?
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