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Topic: Politicians fear cryptocurrency because it will stop corruption. - page 6. (Read 2438 times)

member
Activity: 490
Merit: 14
Ane rasa hanya koruptor yg tidak memahami criptoccurency yg merasa khawatir akan sistim ini..karena yg bisa melakukan korupsi di dinas dinas kebanyakan kurang faham cripto ataupun sistem 💰 digital.. menurut pendapat ane uang fisik lebih mudah di korup di bandingkan 💰 digital.
newbie
Activity: 106
Merit: 0
Bitcoin's excellent security and anonymity is a good thing, but it is also a negative thing. If Bitcoin is used in legitimate activities, it is very useful and convenient for the user. But if it is for bad intentions, the corruption money will be "washed away" by Bitcoin. And the government can not trace the corrupt money launderers. The government is concerned that Bitcoin may be a tool for money laundering.
full member
Activity: 560
Merit: 217
That is the big yes from me. Politicians affraid that the money can be traced by all citizen. And if one country using crypto for their money its done to all politicians in that country. But the crypto must be like bitcoin and no privacy features like monero or zcash. If there are privacy features like monero that cpuntry's money will be gone forever.
member
Activity: 700
Merit: 10
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

I dont think politician afraid on bitcoin because they can not corrupt. Most government afraid on bitcoin because bitcoin can used for money laundering and most for hiding dirty assets. Dirty politician must be happy with bitcoin because they can transfer their assets easily and untraceable. Bitcoin is just a tool
full member
Activity: 1750
Merit: 118
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Politicians are not afraid that the crypto currency will be able to overcome corruption. I do not know who came up with such an idea, but it will not be able to win a crypto currency. It has been struggling with it for thousands of years, with the most stringent measures, and yet no one has been able to overcome it, so the crypto currency will not help here either. Politicians, as representatives of the authorities, simply fear the uncontrollability of the crypto currency, and therefore the loss of financial control over their citizens.


Quote
simply fear the uncontrollability of the crypto currency, and therefore the loss of financial control over their citizens.

the phrase that you said above is likely the same as politicians fear about cryptocurrency . politicians are indeed scare of cryptos because cryptos are uncontrollable which means they cannot possibly charged it by a tax and any other excess/hidden fees . cryptos can somehow minimize the corruption if more people will agree to use it but that cannt totally end the corruption and other crimes made by politicians because fiat money or regular currency will still be the mainstream currency and cryptos wil only remain as an alternative due to its complexity .
full member
Activity: 966
Merit: 104
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Politicians are not afraid that the crypto currency will be able to overcome corruption. I do not know who came up with such an idea, but it will not be able to win a crypto currency. It has been struggling with it for thousands of years, with the most stringent measures, and yet no one has been able to overcome it, so the crypto currency will not help here either. Politicians, as representatives of the authorities, simply fear the uncontrollability of the crypto currency, and therefore the loss of financial control over their citizens.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
How currencies can entirely delete corruption? Why they should fear cryptocurrencies, anyway?

Also, cryptocurrencies are not somekind of magical things. IN the end, they are just currencies. They just have adcvantages over the tradiational currencies. But removing corruption is not one of them.
I agree with this, cryptocurrencies will not stop corruption and in fact there is the chance that corruption goes up since once the corrupt public officer get his hands on bitcoin it will be impossible to recover the money he steals, fortunately bitcoin also has the capability to make that amount lower since the taxes that the governments can take out of the population will get lower once major adoption happens.
full member
Activity: 270
Merit: 103
Politicians don't fear crypto, because there's nothing to fear, and if there ever was, it would be probably long after they are dead. Like with everything politicians do things for votes. So if they come against cryptos, it would be to put enough fear into you to make you vote for them, so that they can protect you.

Anyway, I haven't seen many politicians talking about Bitcoin.
newbie
Activity: 140
Merit: 0
How currencies can entirely delete corruption? Why they should fear cryptocurrencies, anyway?

Also, cryptocurrencies are not somekind of magical things. IN the end, they are just currencies. They just have adcvantages over the tradiational currencies. But removing corruption is not one of them.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Yes! I agree with you. I support your opinion. I hate politicians. They are scammers. They just know how to steal money. Whatever they do, it is for themselves. They never think about people. First, vote for me and after go away. They are really corrupt. How do you want them to like cryptocurrency. They just cannot. They are afraid of it. It might change the whole world. But, no chance. Cryptocurrencies are our future.
Politicians are not there because they want to change their country or help it progress, they only want to get a steady paycheck and the opportunity to steal money out of the population that they should be helping, this is why people have a mistrust of politicians since they promise something and they never fulfill those promises but with bitcoin we will take a lot of power away from them and that is a good thing.

Have you heard of the theory of the "Post-truth" era? The politicans are lying and stealing, and we know the politicians are lying and stealing, and they know that we know, so they do it anyway. If we expect them to do it, they can go ahead and do it anyway. They make a vast range of sweeping promises before getting elected, knowing quite well that they will never be able to fulfull them anyway. Then they make several extreme statements to capture the ones on each extreme. Trump is a master of it. He says things just for the sake of the dramatic impact, knowing perfectly well that everybody knows he doesn't really mean it.
No I never heard of it, but after researching a little bit it was an interesting read, but to be honest this is nothing new but in the past things were a little bit different, in The Last Stand of the 300 there were 2 battles one in land and one in the sea and Themistocles was commanding the naval forces and years before the battle he was convinced that the war will find them again and he lied to the population so they constructed more ships to fight a rival city when in fact he wanted the ships for the upcoming war, but at least that lie was told for the greater good while politicians only lie now to benefit themselves.
jr. member
Activity: 124
Merit: 2
This is true that the cryptocurrencies will stop the corruption because there is no way that they can corrupt the money of the people because the cryptocurrencies are transparent and because of that opportunity to have a transparent kind of system then the citizens or the people under those politicians can just see the transactions and identity and impeach the corrupt politician.
Yeah we know it, transaction is transparent, bitcoin transactions can be seen on the blockchain network, but you know how easy it
is to create a new address and you can have hundreds of addresses and anyone will not know that? corruption can still be done from that gap..
Crypto currencies can surely bring a great revolution and that they can make this world much better place to live and that this is something which is creating a lot of confusions in mind of most of the politicians as introduction of the crypto currencies is a serious threat to all the illegal activities which are taking place and that they cannot be involved in any illegal activity once crypto coins will take over.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Yes, politicians and people in the government are not into crypto because of the transparancy in nature. Most of the politicians make transactions with taste of corruption one way or another. Bigger or smaller. They admitted or not, it is the culture of politics.
With every passing day, we are experiencing more advancement in the technology and that we are experiencing much better things which can then help us in having a better living. This introduction of the crypto currency is also one of the things which can serve us in the best possible manner to give us a chance to have much better life and that to get a chance to make more money.
It is indeed true that the cryptocurrency is making a good way for us to have a better type of source of income because with the cryptocurrencies in the internet, it is helping us to make more money by not going out from our home but just staying at home and doing our cryptocurrency work there.
full member
Activity: 406
Merit: 101
Yes, politicians and people in the government are not into crypto because of the transparancy in nature. Most of the politicians make transactions with taste of corruption one way or another. Bigger or smaller. They admitted or not, it is the culture of politics.
With every passing day, we are experiencing more advancement in the technology and that we are experiencing much better things which can then help us in having a better living. This introduction of the crypto currency is also one of the things which can serve us in the best possible manner to give us a chance to have much better life and that to get a chance to make more money.
member
Activity: 714
Merit: 11
BountyMarketCap
The blockchain ledger is very profitable. all incoming or outgoing transactions, all recorded there. if there is indeed a large transaction, there is certainly a special investigation for it. Is it money laundering, or corruption?
newbie
Activity: 33
Merit: 0
Politicians fear the cryptocurrency will increase corruption in their country because cryptocurrency is the kind of coin that can not be controlled by a bank or government so not only the Mafia but also the leaders in the country. You can take advantage of these to money laundering and corruption.
newbie
Activity: 18
Merit: 1
Yes! I agree with you. I support your opinion. I hate politicians. They are scammers. They just know how to steal money. Whatever they do, it is for themselves. They never think about people. First, vote for me and after go away. They are really corrupt. How do you want them to like cryptocurrency. They just cannot. They are afraid of it. It might change the whole world. But, no chance. Cryptocurrencies are our future.
Politicians are not there because they want to change their country or help it progress, they only want to get a steady paycheck and the opportunity to steal money out of the population that they should be helping, this is why people have a mistrust of politicians since they promise something and they never fulfill those promises but with bitcoin we will take a lot of power away from them and that is a good thing.

Have you heard of the theory of the "Post-truth" era? The politicans are lying and stealing, and we know the politicians are lying and stealing, and they know that we know, so they do it anyway. If we expect them to do it, they can go ahead and do it anyway. They make a vast range of sweeping promises before getting elected, knowing quite well that they will never be able to fulfull them anyway. Then they make several extreme statements to capture the ones on each extreme. Trump is a master of it. He says things just for the sake of the dramatic impact, knowing perfectly well that everybody knows he doesn't really mean it.
member
Activity: 350
Merit: 10
The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

in government institutions many are afraid of the strengthening of the currency crypto this is due to the government or politics can not control or regulate the currency movement crypto so they can not take profit from the user of the currency crypto
member
Activity: 165
Merit: 10
i think the blockchain system of cryptocurrency can used for corruption because the transaction on blockchain is unnamed. so blockchain can be a big opportunity for politicians to make money laundry
sr. member
Activity: 602
Merit: 252
Politicians no longer fear to cryptocurrency, all that fear is the regulations. Because unexpected inspections on politicians earnings and other assets were made. If it has got legal authorization, surely it'll make the inspection personal investigate upon the cryptocurrency holdings. Same time with the anonymous functioning it gives the ease on corruption.
jr. member
Activity: 322
Merit: 2
As for me, I don't think the politicians are afraid of cryptocurrency because it will necessarily stop corruption. Some of them may even take advantage of the fact that cryptocurrency transactions are not traceable, and you can have millions of untraced money without anyone knowing. Maybe they are only scared of the high volatility.
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