Can Bitcoin also lead to corruption ?

[gamalzour]

yes i agree that bitcoin is capable of solving the difficulty of our country bitcoin because it is for everyone whatever it is that you do not have a job to be able to bitcoin and pay a big amount of money so our country can not progress through bitcoin so for me I believe I can afford bitcoin to take the poverty of our country ..

Yes, we all have to accept the fact. Majority of the peoples here who work for bitcoins have all legal money with all audits done so we won't bother about them. Corruption is also been like bitcoin that is "Unstoppable". All the ways to stops corruption are being failed. Corrupted money can be surely be stored in bitcoins but revealing it would endanger bitcoins. It won't really bother us so it is better to leave it.

[atjiat]

yes i agree that bitcoin is capable of solving the difficulty of our country bitcoin because it is for everyone whatever it is that you do not have a job to be able to bitcoin and pay a big amount of money so our country can not progress through bitcoin so for me I believe I can afford bitcoin to take the poverty of our country ..

Yes, we all have to accept the fact. Majority of the peoples here who work for bitcoins have all legal money with all audits done so we won't bother about them. Corruption is also been like bitcoin that is "Unstoppable". All the ways to stops corruption are being failed. Corrupted money can be surely be stored in bitcoins but revealing it would endanger bitcoins. It won't really bother us so it is better to leave it.

I would like to learn about really real prospects of economic development any of the countries. how it is all will be carried out? today only officials have become more attentive to кpиптoвaлютe and tied all to corruption. I think that this is a very bad indicator.

[perfect999]

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 especially to people who is not contented with what they have and still want more. Corruption Is always been a problem even before and now that they can see the potential of virtual currency and what bitcoin can do, people will find a way to make use of it in illegal way like money laundering, drugs, terrorism.

What you've said is not a part of corruption because corruption is not making money laundering, drugs or terrorism. It is in the way that people act how he can make money without doing anything in short just like stealing money from people and with bitcoins corruption will going to decrease.

For every pro there is a con standing right here. Bitcoin is so amazing and fantastic creature we all are discussing this from long time but there are bad aspects of bitcoin too. We can’t say them bitcoin’s disadvantage but bitcoins are anonymous and this feature is being used by all the hackers and drug dealers right there hidden behind their screens at some anonymous place.

[bozo333]

As the transactions in Bitcoin is anonymous. It really can lead to corruption. There really should be a way in which one can track the transactions only if necessary!

As you said the bitcoin is one of the easiest for for doing corruption.If someone have black money he can easily convert it into bitcoins by local tradings like give money to someone and buythe bitcoins from him.If he bought the bitcoin no one can track him.
So it is highly possible for corruption.But if the whole world started to use digital currency then we can stop corruption.

I think you are quite right on the possibility of bitcoin still leading to corruption because human beings are naturally greedy. They will always find a means to break either into code or engineer fake wallets which I'm already having the information. Meanwhile, the other aspect you said if it started to be used, corruption will stop -I might not agree to that, because it is still the same thing. Bitcoin won't take away corruption.

I think is use the bitcoin for future. If need to improve company it will use for the future improvement and investment process devalament. So it will use to star bitcoin will be increase the price value and some company it use to scam. it will use properly for the country and other people growth. company learn more information from bitcoin for the company growth.

[cr_liev]

Why do you think money lead to corruption? Money is just a mean of exchange... It's people who really lead to corruption and bribary

[ivanst776]

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 is a high possibility that bitcoin can lead to corruption, what attracts it to corruption is it's value is so high that many people want more of it. It is in nature to be greedy, that is why they like to have more.

Great possibility to be used in corruption, bitcoin can be transfer easily without any details, that is what the corrupt official realy want to do, to transfer funds without any trace where does it came from.

If bitcoin can be greatly used in corruption then I don’t think so that it is the fault of bitcoin. Those people who misuse such great technologies must be punished severely. No doubt that bitcoin has been used a lot in the underworld because of its anonymity and it is a very sad fact that humans can never live in peace. Some people just think about themselves and they will crush anything beneath their feet to get what they want.

Exactly. There is always punishment for every illegal activities has it has always been.

Anyone thinking of using bitcoin for illegal activities has definitely been doing illegal activities somehow before and has been succeeding with it. While some people get nabbed, some still always find a way to escape. Bitcoin is a tool for payment just as we have USD, gold, diamond etc and it is never the cause of corruption or illegal activity if being used.

[jaocoincrypto18]

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 because the only different between money and bitcoin is the appearance but still both are currency that can be spend but i think if a certain official will going to corrupt using the bitcoin, i think it is more difficult because of regulations in which applied to all countries adopting bitcoin that every time we change bitcoin to fiat thru exchange you could be interrogated for where did you find your bitcoin stocks.

[xanxus.kun]

its decentralized so it can't be, one may use it for his own benefit and interest but generalizing Bitcoin, i doubt that it can lead to such thing called corruption, you can and you may use  Bitcoin to such thing, but generalizing it is not justifiable.

[The Alchemlst]

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 just like any other things of value tends to be used as a tool for corruption ever since the dawn of man began from food like wheat to minerals and gems history has records of how corruption of man started from different needs and I doubt bitcoin would be an exemption specially given its high value and anonymity in its transactions. Bitcoin is like a double edge sword in terms of morality in investments, people can see it as an opportunity to finally achieve their dreams or help other people and some use it for their personal dark secrets.

[BaeNaNa]

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 but it's not only bitcoin, other things that have value can lead into corruption, it's always depends on the person himself. If the person is clean and he doesn't want to do it, even if he know about bitcoin he won't do it. It's greed that force people into corruption and not bitcoin itself.

[Asmonist]

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?

I think its minimal compared to our local currencies. As for my opinion, transacting or investing it bitcoin is individual's career. There are maybe corruption but I guess its more on the  fear of someone who can manipulate its processes. As I've said bitcoin is somehow an individual career or personal achievement to do greater to gain more rather than corrupting money to anybody else's income. Every user monitors his/her bitcoin account movements and its so transparent. Unlike in our paid taxes and other government fees that we don't know the whereabouts other than the usual projects we see. Corruption is a dishonest or illegal behavior especially for the powerful people.

[swordling143]

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?

Of course it can. I believe that what it ever it is as long as it has a high value, people tend to want to acquire all of it or at least many. Greed is in the nature of man I guess. So, that leads to corruption of bitcoin, of course.

[pelipurlara]

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?

corruption can happen anywhere and anytime, especially if in terms of money, everything is in the individual

[Webetcoins]

Power corrupts, bitcoin is power, so of cours bitcoin cand corrupt, especially if that person has some attraction for extra incomes.

Yeah if you are getting the extra income from the bitcoin then you should buy the bitcoin and the private value of the money as much you will invest you will be able to have the future of the money. It is the time to have the bitcoin and in the coin so if all the people will hold the bitcoin and that will buy he a lot of the profit at the same time so for me it is increasing the value and the price of the bitcoin for sure.

[man1996]

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?

I think its minimal compared to our local currencies. As for my opinion, transacting or investing it bitcoin is individual's career. There are maybe corruption but I guess its more on the  fear of someone who can manipulate its processes. As I've said bitcoin is somehow an individual career or personal achievement to do greater to gain more rather than corrupting money to anybody else's income. Every user monitors his/her bitcoin account movements and its so transparent. Unlike in our paid taxes and other government fees that we don't know the whereabouts other than the usual projects we see. Corruption is a dishonest or illegal behavior especially for the powerful people.

Yes definitely bitcoin will lead to corruption.Since no taxes can be applied on bitcoin,there can be cases of fraud.Also no government or any central bank has any control over bitcoin,so the criminals can use bitcoin to pay for their deeds.It can be used by many politicians too for circulating their black money.No one can track your money in bitcoin.Details are only knwon bt the donor and receiver.

[Swopon]

Yeah i think bitcoin also lead us to corruption.There is no other things which don't have corruption.And in currency or money there's too much corruption we can see.And since bitcoin is growing high to the moon it can be corrupted

[rxtwo]

i wonder why bitcoin always be linked with things that are not good such as corruption, money laundering or drugs but in this case in my point of view bitcoin cannot lead people to corruption because it all pure from the bottom of their heart to starting corruption but indeed bitcoin could be the tool to storing corruption money

[Mobshady24]

Why do you think money lead to corruption? Money is just a mean of exchange... It's people who really lead to corruption and bribary

It is because of human nature, we are greedy by nature and it is proven from our history because time and time again people will make corruption in any sorts of thing specially physical things like money as well as power.

[Genamant]

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?

lets accept the fact that bitcoin is being used in illegal transactions
and scammers are everywhere
when there is greed ,there is corruption

[HalfDeck]

Why do you think money lead to corruption? Money is just a mean of exchange... It's people who really lead to corruption and bribary

It is because of human nature, we are greedy by nature and it is proven from our history because time and time again people will make corruption in any sorts of thing specially physical things like money as well as power.

How to change this nature? That is the issue you need to change your nature, no one can helps you change your nature. To be honest, change my habits of life is so hard, I can not change my habits to wake up early like others and focus to work in 8 hours/day. I always lazy