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Author Topic: Can Bitcoin also lead to corruption ?  (Read 51296 times)
Blackmet
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February 10, 2018, 05:03:28 PM
 #1701

Bitcoin or dollar or anything else doesn't matter because curruption is on people heads and any currency can't help. Bad people creating courruption not money.

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February 10, 2018, 05:28:38 PM
 #1702

this question we have to answer with our instincts as bitcoin users, corruption is discussed? whether bitcoin can cause corruption. for me bitcoin can not be used for corruption, but all can happen to bitcoin. it all depends on the users because the technology is present certainly the pros and cons.
So what is it your pointing out? You said Bitcoin cannot used to corruption then you contradict it with "but all can happen to bitcoin". It seems you don't have a solid stand on the matter being discussed. Also, you said that it depends to the user if he/she will use Bitcoin to do corruptive things, and using Bitcoin as a tool for it, also it is a factor in the corruption, thus we can say that it can lead to corruption
Bitcoin can helps the government use it to corruption, but you have to remember, if the goverment accept to use the Bitcoin technology - blockchain - to apply in ID card, ID wallet to receive salary ... and show all private asset related the economy of the country, can they earn money from corruption? What do you think about this situation? Cool

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King Sastro
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February 10, 2018, 05:52:03 PM
 #1703

Bitcoin or dollar or anything else doesn't matter because curruption is on people heads and any currency can't help. Bad people creating courruption not money.
Yes, corruption is not a dollar or bitcoin issue, as long as there is intention to corrupt anything can be corrupted, but we must understand that the presence of bitcoin can add to the convenience of people for corruption because they save money to bitcoin and never traced.


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Man From The Future
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February 10, 2018, 05:58:16 PM
 #1704

Not a chance. Bitcoin is effective as it will show where and whom to money goes. Besides all the transactions will be specified with the recipient. So, bitcoin can reduce or eliminate the corruption.

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February 11, 2018, 04:27:55 AM
Last edit: February 11, 2018, 12:58:04 PM by Kim Ji Won
 #1705

this question we have to answer with our instincts as bitcoin users, corruption is discussed? whether bitcoin can cause corruption. for me bitcoin can not be used for corruption, but all can happen to bitcoin. it all depends on the users because the technology is present certainly the pros and cons.
So what is it your pointing out? You said Bitcoin cannot used to corruption then you contradict it with "but all can happen to bitcoin". It seems you don't have a solid stand on the matter being discussed. Also, you said that it depends to the user if he/she will use Bitcoin to do corruptive things, and using Bitcoin as a tool for it, also it is a factor in the corruption, thus we can say that it can lead to corruption
Bitcoin can helps the government use it to corruption, but you have to remember, if the goverment accept to use the Bitcoin technology - blockchain - to apply in ID card, ID wallet to receive salary ... and show all private asset related the economy of the country, can they earn money from corruption? What do you think about this situation? Cool
It will be a different story if that happens. If the government started accepting the use of Bitcoin or Blockchain Technology, the purpose of Bitcoin which was Satoshi envisioned would be gone right? A decentralized currency where no other third-party entities can intervene. Also, if that happens, I doubt there will be many of us who would be willing to abide by the government's order.
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February 11, 2018, 05:30:20 AM
 #1706

Technology, without a doubt, is the leading distractor for all corrupt activities. Corruption is everywhere, even in the government or sometimes in a organization. Bitcoin is like money, so it will lead to corruption. I wish it will become harder to corrupt people.
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February 11, 2018, 06:57:39 AM
 #1707

I think yes it may lead to corruption if our government is full of greed and lust about money. But if they are well discipline d person it will not goes to a corruption that we are thinkind about
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February 11, 2018, 09:32:19 AM
 #1708

I don't think Btc will lead to corruption since I believe that it can be a key to stop it. Btc may raise scams, but not corruption I guess.
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February 11, 2018, 10:02:34 AM
 #1709

Corruption is not a matter of bicoin, dollars or money, it is a greedy human brain problem and wants shortcuts to earn money, with or without the bitcoin the corruptors will forever exist.
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February 11, 2018, 10:12:06 AM
 #1710

This can still happen because it is completely anonymous and is well suited to use for shady purposes. So, some people become bitter about Bitcoin because of this
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February 11, 2018, 10:13:51 AM
 #1711

It's much more easy to use Bitcoin corruptly as it's anonymous and the culprits can hide
their fingerprints more easily than for the normal currencies easily.
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February 11, 2018, 12:03:04 PM
 #1712

Ofcourse bitcoin can also lead to corruption, we cannot avoid corruption, corruption is everywhere as long as there is money involved and
we know that bitcoin is a big factor when it comes to monetary things. As we know greed of money can lead to corruption that is why corruption is everywhere but the thing is, when it comes to corrupting bitcoin, we can easily determine which wallet has the corrupted bitcoin because we can see the transactions of bitcoin, the problem is we can not easily distinguish the person who owns the wallet which the corrupted bitcoin stored.
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February 11, 2018, 12:23:23 PM
 #1713

Ofcourse bitcoin can also lead to corruption, we cannot avoid corruption, corruption is everywhere as long as there is money involved and
we know that bitcoin is a big factor when it comes to monetary things. As we know greed of money can lead to corruption that is why corruption is everywhere but the thing is, when it comes to corrupting bitcoin, we can easily determine which wallet has the corrupted bitcoin because we can see the transactions of bitcoin, the problem is we can not easily distinguish the person who owns the wallet which the corrupted bitcoin stored.
I disagree to you because bitcoin is transparent with the help of the blockchain explores and that is how we will be able to tell if there is a corruption that is happening or not. Bitcoin will not lead to corruption because for me, it will even be the way for a country to have a lesser amount of corruptions since their transaction will become transparent with bitcoin.
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February 15, 2018, 03:19:41 PM
 #1714

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February 17, 2018, 11:42:32 PM
 #1715

The main people of some countries are already transferring their stolen money to bitcoins, so that they will not be tracked. So bitcoin contributes to corruption.Sad
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February 18, 2018, 12:19:42 AM
 #1716

Scamming are a way  of corruption when those people feels not contented for what they got they using there knowledge in a wrong way making a bounty airdrop but they didn't give the sallary of who join the campaign

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February 18, 2018, 12:59:45 AM
 #1717

I think bitcoin can also be corrupted because corruption is not only with money, but corruption can be in any form. even I think corruption can also be done in intangible things like time. sometimes I get results from a bounty campaign not in accordance with the payment in the spreadsheet and I am sure it is a form of corruption.
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February 18, 2018, 01:18:54 AM
 #1718

You already answered your question, as long as there's money involved, anything can be corrupted, even bitcoins. As long as there are greedy people who always want to get what they wanted, they always do whatever it takes just to get these things, even if they do bad/illegal things.

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February 18, 2018, 01:48:33 AM
 #1719

This is the thing that many nations fear because the anonymous feature on bitcoin keeps everyone free to save money there, it will certainly make the corruptors free and safe to save money so the country will limit the use of bitcoin.


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February 18, 2018, 01:54:29 AM
 #1720

Bitcoin is 9 years old all ready. Have you seen any corruption? People trying to scam with it, steal them?
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