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Author Topic: Can Bitcoin also lead to corruption ?  (Read 50873 times)
jeaniferomambac
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March 19, 2018, 04:18:47 PM
 #1781

ofcourse can , corruption then buy bitcoin , its will clearly i think
but yeah bad people who do that , they just know money and never know about ppl

While there are greedy people theres a possibility that bitcoin can lead into corruption because most people want a bigger profit from bitcoin and it is good for them to have a huge profit and sometimes they are not satisfied with what they have thats why they will choose to do corruption even they know that many people will be affected because they are selfish and they only think their happiness and i think they can make corruption in trading so we need to be alert and observant for those bad people especially to all traders they must be observant all the time and i hope all traders is good and not do corruption.
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rolerVX
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March 19, 2018, 04:32:38 PM
 #1782

Money, money and money can make one person greedy. It makes the weak for money to become more greedy. Corruption is no ending at all while money existence can smell on the air of politics, company, business transactions or even person to person that money is evolve in the issue. There are so many people in the world that become rich from nothing. Then here in bitcoin I observed that more campaigns here. If we talk about campaign money is there. So wherever money is there will be corruption on it.
mininglegend1234
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March 19, 2018, 04:39:16 PM
 #1783

Yes, government corruption exists in any country. I think because of the anonymity of bitcoin, it has increased government corruption.

I found something that people like to link money laundering, black market, corruption and BTC.

The area connection technology has very good use, but is used by some bad people, do some bad things.
I think yes it can just like any currency in the world. Corruption comes when something is easy to store and without any limits. Moreover bitcoin is easy to save so people can store black money on online accounts without any identification, that is a corruption!! Likewise I believe many kinds of corruption can happen in the world of bitcoin
Andalusy
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March 19, 2018, 04:42:04 PM
 #1784

everything in this world is used by the corrupt people for illegal way , if you will go back in the year 2008 then you will found that without the Bitcoin many corrupted people were using the fiat money for the illegal purpose also , so so here we cannot say that Bitcoin will results into  the corrupted people to use the bad things with the Bitcoin .
But here I don't think that the corrupted people cannot use bitcoin for black money or any illegal thing because here in my opinion that many developed countries are accepting the Bitcoin as a legal way of payment so they are making some better rules for is the use of Bitcoins in the legal without any bad use .
BILGPS
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March 19, 2018, 04:44:46 PM
 #1785

I thin bitcoin is not lead to corruption but the digital currency is used with out the government control that's why the governments will try to ban this currency but bitcoin is good to the economy of many countries and i think that it will add more value to the country situation so bitcoin is the future currency for me and the corruption is something else and with this currency we are not doing any illegal activity but to make sure the usage of this currency while we should advised the bitcoin users to use this for the good purpose.

motoprose
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March 19, 2018, 04:47:04 PM
 #1786

Sure. As with anything in this world can lead you down this path.
There are so many vices in our world and temptation is waiting in the wings.
fiend91
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March 19, 2018, 04:52:51 PM
 #1787

Yes it could lead to the corruption especially if the government would be able to take hold of it. Everything that comes along the way that has the government holding it will always lead to corruption because they know there is money there.
plaintiff77
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March 19, 2018, 05:06:06 PM
 #1788

It can be a tool for corruption. We all can see how this crypto currency performs in the market. In this way, it could attract a lot more and more people becomes.very interrested to bitcoin. It can tempt anybody to do bad things because of the benefit someone can get through bitcoin.

Ayush rana
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March 19, 2018, 05:09:56 PM
 #1789

Yes Bitcoin can lead the corruption in world because as we all know that Bitcoin transactions are untraceable. So transactions for money laundering, drugs dealing. As people can hold coins in bulk.

madafaka69
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March 19, 2018, 05:54:26 PM
 #1790

Bitcoin has got good uses and it also has bad uses. Good people would use it in a good way, on the other hand bad people will use it in a bad way.

is that the answer to the question "can bitcoin also lead to corruption?". I barely can understand

In my opinion, it is possible because, 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. dont be suprised if you heard that some politician are laundry money via bitcoin. since its untraceable.  I guess some politicians have started doing it already.

yeah. this is what I'm thinking about. most of the politicians are really greed. the more they greed the more they try to find ways to laundry money.
EnricoGomez
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March 19, 2018, 06:45:34 PM
 #1791

Yes of course bitcoin can be a tool to start a fraud in other corruption. We all identify that bitcoin is a decentralize transaction we can see the transaction of every user of it so it might be used on gambling money laundering mostly on the corruption and other criminal activities.
Topaz72
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March 19, 2018, 06:50:41 PM
 #1792

Bitcoin has got good uses and it also has bad uses. Good people would use it in a good way, on the other hand bad people will use it in a bad way.
Yeah it is all about the user that how they want to use their bitcoin, if people will be positive thinker they will use bitcoin form some good thing but if they want to use it for bad they can use it, no one is going to say or ask you that how you are treating your bitcoin, today people are using bitcoin as an investment and they are getting fast profit from it, to be honest I think bitcoin does not have any connection to the corruption, as corruption is the internal disease of human being which has no connection with bitcoin l so think positive because bitcoin is not corruption at all.
weblaraveluser
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March 19, 2018, 07:09:20 PM
 #1793

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?

In my own opinion, if government will manipulate the value of cryptocurrency in different countries then that will be only time that bitcoin will really lead to corruption because there are a lot of people today who are leaving their job on the corporate world to focus on earning cryptocurrency because the salary is very low.
atjiat
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March 19, 2018, 08:15:51 PM
 #1794

Corruption is not a good work in our society. Generally, it depends on your mind which you want.If you want this,you will able to do corruption by using Bitcoin.Because, Bitcoin is like a sky and corruption is like a bird which is able to fly in this area.
I fully agree that Bitcoin can even be useful to corrupt people who have the strength of anonymity for crypto currency, can use it for their own purposes.

andrei214
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March 28, 2018, 12:00:49 PM
 #1795

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?
If bitcoin is used for own intentions and selfishness, it can still lead to corruption.And money becomes really a big temptation to anyone who wanted to be succesful in a very fast way.

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Requim
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March 28, 2018, 12:29:07 PM
 #1796

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 that anything that involves something valuable has a high chance of leading to corruption. I mean it is likely that people would lead to it because we are all naturally greedy or most of us are. Although, every transaction using bitcoin is actually transacted online, which may be difficult to incorporate corruption.


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alon_alon
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March 28, 2018, 01:30:19 PM
 #1797

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 want more money to them. Since bitcoin can be considered as money, can it also lead to corruption?
Yes, of course, this is very possible. Because many are also using Bitcoin for a negative thing. And of course, this greatly affects the good name of Bitcoin in the people all over the World. Those who think negative Bitcoin will continue to have such thoughts and do not see that Bitcoin has a positive impact on people who use it.
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March 28, 2018, 01:49:25 PM
 #1798

I think so bitcoin can fill the curoption in our country because if we think all of bitcoin is improving life so it means that bitcoin is all people around the world to grow and maybe no curoption here in our country so I bitcoin can assume the curoption

Ikay
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March 28, 2018, 01:56:18 PM
 #1799

It will.
Most of people now are greedy who wants to own a lot of money they want to be rich and surpassed others so definitely bitcoin will be lead too in any corruption to government or in a company that accept btc. All we can do is continue to be positive so that the bitcoin does not break.
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March 28, 2018, 01:59:05 PM
 #1800

Corruption is not a good work in our society. Generally, it depends on your mind which you want.If you want this,you will able to do corruption by using Bitcoin.Because, Bitcoin is like a sky and corruption is like a bird which is able to fly in this area.
I fully agree that Bitcoin can even be useful to corrupt people who have the strength of anonymity for crypto currency, can use it for their own purposes.
That is nothing compared to corruption made with paper money.
And if you think bitcoin is anonymous, you are only partially correct.

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