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Author Topic: Is bribing via bitcoin a good idea?  (Read 96831 times)
aso118
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February 12, 2017, 01:34:11 AM
 #61

With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.

Why would any one need to give a bribe in the first instance if you didnt even engage in something of illegal ends. And even if that is the case, I want to believe that the person who is to collect the bribe will be the one to determine the currency of acceptance and if he or she has agreed to collect bitcoin then I dont see any problem since it is money and even if it is fiat, he will still collect.

Sometimes, (especially in third world countries), you need to give people bribes to make them do their job. It is a social evil, but it exists.
Bitcoin will just make it harder for those people to get outed.  Sad


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February 12, 2017, 01:48:09 AM
 #62

With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.
it is action that is not commendable. bitcoin created to make our financial life for the better. rather than as a tool for negative actions.
I suggest to use bitcoin only for positive activities.
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February 12, 2017, 02:03:57 AM
 #63

It's too hard to quickly verify for the bribee.
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February 12, 2017, 02:04:32 AM
 #64

Yes, from the aspects of privacy and escaping investigation from anti corruption authorities, it is a good idea. But it shouldn't be promoted and will destroy the purpose of Bitcoin. Otherwise it will give the Chinese authorities another reasons to talk to the Bitcoin exchanges and cause the fluctuations of price.

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Shiroslullaby
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February 12, 2017, 02:09:34 AM
 #65

I would say you actually have a greater chance of getting caught, since the person will probably try to convert the Bitcoin to fiat at some point.
If they are under suspicion of anything, anyone watching them may catch them trying to cash out their coins.
Paper currency is much easier to hide as long as you don't try to put it into a bank account or something like that.

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February 12, 2017, 08:27:52 AM
 #66

Let us use an example for those officials had been caught in the act using illegal drugs. What happens next? They will bribe to not be in jail. So, bribing is not a good idea anyway. They use it to bad intentions to cover up of one's fault. Bitcoin couldn't control by anybody so utilize our bitcoin in a good way.













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February 12, 2017, 08:41:43 AM
 #67

With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.
I would advice you not to do it because in any angle,currency or ways bribery will always be a bad idea ! Even tho bitcoin has the capacity to  clean and make you look like clean because bitcoin is anonymous on its nature ! it will not clean your conscience ! so please as early as now dont do it because as you ask it , it was a bad idea.

Bitcoin is not anonymous at all.. u got pseudonyms on the blockchain.. its pseudonymous..
But with a good Bitcoin Mixer you get near to fully anonymous.
I think bribing with BTC is more useful, safer and easier than with Fiat

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February 12, 2017, 08:46:41 AM
 #68

If you do this and if you got caught. This will be a sensationalized news for the bitcoin community. And this will have a negative impact to us. And if this ever happen, bitcoin will have a difficult to be adopted by many people.
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February 12, 2017, 09:11:47 AM
 #69

Seems like many of you are focusing on the whole bribes are bad thing and also that Bitcoin is not anonymous. I want to get a bit more technical. But first let me say, yes bribes a bad, but bad things happen on this world. I do not recommend it. Secondly if you want to stay anonymous, then buying anonymous and mixing the coins a couple of times before the bribe should be good enough in most cases.
What i do not get is the USB part. I just assume this has to be done in person, since it would be much safer to just send the keys per mail/email/text massage (of course encrypted). But even when meeting face to face, i see no need for the USB. The other party will have to make sure they get the money, so they will have to sweep the address provided by you. This is so you can not just have a copy of the keys and immediately "double spend" (technically it is not a double spend, if two persons have the key and one just spends them quicker then the other) before they can spend the coins. So there will have to be some kind of internet connection anyway, why not just use a paper wallet (you could swallow the evidence if the situations changes) then or do it with a wallet on your phone. For safety reasons it is not smart to use an unknown stick. The potential of malware, spyware and what not are just to big to take.

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February 12, 2017, 12:19:04 PM
 #70

no, this is crazy. why would you want to use Bitcoin to bribery. You are not a pure man. This is a bad idea, the money should be used reasonably and legally. you are not allowed to use it for your offense. this is a moral misconduct, Bitcoin is a clean coin, if you take advantage of it to do it, Bitcoin will be affected, the reputation of Bitcoin would be libelous. I advise you not to do it
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February 13, 2017, 10:17:12 AM
 #71

yes,then you will have to take this guy's e-mail to teach him how to convert his bitcoin bribe into fiat  Grin
like a  scene from a spy movie-two guys come to a park,one is reading a newspaper and leaves a usb drive on a bench or puts it into a rubbish bin
for the second guy to pick it up,the whole idea made me smile

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February 13, 2017, 10:38:36 AM
 #72

With 1000 dollars each, it seems that bribing with bitcoin would be a good idea.  One USB stick will do the job with no third party required.

Why would any one need to give a bribe in the first instance if you didnt even engage in something of illegal ends. And even if that is the case, I want to believe that the person who is to collect the bribe will be the one to determine the currency of acceptance and if he or she has agreed to collect bitcoin then I dont see any problem since it is money and even if it is fiat, he will still collect.

Sometimes, (especially in third world countries), you need to give people bribes to make them do their job. It is a social evil, but it exists.
Bitcoin will just make it harder for those people to get outed.  Sad

If you are going to use bitcoin to bribe the government officials and other person in authorities they will not accept bitcoin especially in third world countries. The reason is simple bitcoin is hard to exchange for local currencies and if they will exchange it to local currencies they cannot convert it unless they make a verification using their valid ids. So to make it simple they just want a direct bribe without passing to an escrow that requires you to submit valid id for verification.
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February 15, 2017, 02:00:09 AM
 #73

I’m not going to talk about the ethics and risks of bribery, like most of the replies that you are getting, but I don’t think that bitcoin is the ideal medium for bribery. Bitcoin is not a very common currency. You talk to the average person about it, and they’ll probably tell you that they don’t understand bitcoin. Of course, if you give anyone $1000 in bitcoin, they will still have the motivation to cash it in, but they’ll also have trouble doing so. If you are trying to bribe someone with a usb stick holding bitcoin, it is too slow for them to verify the amount of bitcoin on the usb. Bribery should be quick and discreet.
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February 15, 2017, 06:31:07 AM
 #74

If you do this and if you got caught. This will be a sensationalized news for the bitcoin community. And this will have a negative impact to us. And if this ever happen, bitcoin will have a difficult to be adopted by many people.
i do not think that it is such an easy job in my area, because bitcoin is still not use b to many people here. te sers of bitcoin are very little in number and most of the people are using fat therefore there are more chance of such things in fiat and not in bitcoin.
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February 15, 2017, 10:04:49 AM
 #75

I’m not going to talk about the ethics and risks of bribery, like most of the replies that you are getting, but I don’t think that bitcoin is the ideal medium for bribery. Bitcoin is not a very common currency. You talk to the average person about it, and they’ll probably tell you that they don’t understand bitcoin. Of course, if you give anyone $1000 in bitcoin, they will still have the motivation to cash it in, but they’ll also have trouble doing so. If you are trying to bribe someone with a usb stick holding bitcoin, it is too slow for them to verify the amount of bitcoin on the usb. Bribery should be quick and discreet.
Thanks for sharing your views. What if bitcoin is described as an P2P saving system?  Do you think they would hold them.

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February 15, 2017, 07:02:08 PM
 #76

if you are bribing it would be a good choice, since there is no evidence and it's not linked to a name etc... However the same is a downfall, you wouldn't be able to threaten the one bribed with it, therefore might not get anything for it..
Regarding it not being popular, it doesn't matter.. it has a USD value and can be exchanged easily, at the same time it would be clean money not something that can be linked like a bank transfer.
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February 16, 2017, 03:26:35 PM
 #77

From the ethical point of view bribing in whatever form is something that should be discouraged but there are some situations that you find yourself, you just have to bribe your way out so in this case, since bitcoin is money and the recipient is aware of that and also willing to accept it, then I say it should be used and the advantage with that is it can not be traced back to whoever is giving the bribe...
Aamir1
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February 16, 2017, 03:46:22 PM
 #78

Bitcoin, at the first place can get you done anything you want with it but it does not mean people should do every illegal things with it. Of course it can be more anonymous for bribing someone if it is done with bitcoins and no one can know if what is going on at all, but at the end, it is bribing and it is really not a good thing at all.
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February 16, 2017, 03:54:49 PM
 #79

Transacting through bitcoin for whatsoever reason is a good idea and but paying bribe is not. It will only encourage the scamstars to continue with their misdeeds as bitcoin transactions will not effect that person directly and he will be able to hide the trail of the payment as per his wish.

However, don't try to use bitcoin for illegal transactions. Because these kind of illegal transactions will block the progress of bitcoin to become an international currency. Governments will not trust this currency as a legal one due to money laundering claims and public trust will start to reduce. Use it for investment or shopping instead of paying bribe.

nkc007
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February 16, 2017, 04:26:03 PM
 #80

Not at all. But It definately reduces your chances of getting caught  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
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