Can Bitcoin also lead to corruption ?

[Demughni]

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?

it is possible, corruption can always happen in every where.

[1713872378]

1713872378

[Levin23]

maybe money from corruption can be bought coin. hopefully not happen.

[ngefek berat]

I think that for bitcoin corruption is quite difficult because all forms of transactions are able to be tracked and someone will not be able to give a different opinion so bitcoin I think has a good system in the future.

[AH_Robin]

Its conceivable I mean Bitcoin has the highlights that individuals need to undectected. It is near something what degenerate individuals need a case of it resembles a seaward bank in which you can send cash without other individuals realizing that it even existed. With Bitcoin nobody can commect you to a specific address not unless you are sufficiently reckless to give them your data which implies they can screen you starting now and into the foreseeable future.

[devinks]

Money laundering and criminals are sometimes in the crypto. some people take advantage of the weakness of crypto to be misused. this is obviously very much detrimental. community and bitcoin themselves become scapegoats for the behavior of these criminals.

[Elkafi]

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 is a bad character of humans, it can happen everywhere

[Jose Mourinho]

Everyone to the government must be suspicious that bitcoin is used as a place to save money from corruption, of course this is reasonable because the bitcoin feature is anonymous so the owners of the bitcoin can not be known, but all of this back to someone, and I think it is not a matter of whether or not bitcoin corruption, but a person's mental problem.

[kokobaba880]

Bitcoin is for me a very good and convenient way to make online payments and it is very good in the present time to use this currency for online transactions and bitcoin is good for educated people and i have not heard any thing about bitcoin criminality and it is very useful that we can become the good investors in the crypto market and due to regular use of crypto we can successful.

[bilyboy]

Every single one of those existed before bitcoin and they will exist after it. If bitcoin made being corrupted easier, so what? Internet also made so many crimes possible. People even can hire hitman from the internet.Bitcoin favors anonymity it is quite easy for people that are not ethical to slip into corrupted or at least non legal practices.

[Birin016]

Yes, they are possibilities that Bitcoin might lead to corruption. Because corruption is in everywhere. And we all know that Bitcoin is considered as a legal monay but still it can uses at illegal transactions. As long as they have people who are hunger to earn money and his only heart is at money, bitcoin can leads to corruption. And wont be shock with it, it is part of the diary of the world.

[andibongkol]

I'm sure the corruption case using cryptocurrency sebanarnya already a lot happening. but it could be between related parties working together. here hasu exchanger get a lot of attention from large funds coming from their users

[anam17]

 I think btc  is just like money . In corruption money ie cash is offered so instead of giving cash Btc is transferred from one party to other on the given address . Well here internationally money can be easily transferred via Btc .

[long8899]

because it is decentralized, it's hard to trace, I thin it will lead to corruption.

but it is not the false of BTC

[goldcoinminer]

Every single one of those existed before bitcoin and they will exist after it. If bitcoin made being corrupted easier, so what? Internet also made so many crimes possible. People even can hire hitman from the internet.Bitcoin favors anonymity it is quite easy for people that are not ethical to slip into corrupted or at least non legal practices.

Everything can happen, bitcoin is just a technology and the one using it has different decision on how to use it.
Not that because bitcoin can be use for illegal transaction, we already conclude that bitcoin is used for illegal transaction, in fact there is no difference
with fiat, it can also be used in illegal transaction.

[Sled]

Every single one of those existed before bitcoin and they will exist after it. If bitcoin made being corrupted easier, so what? Internet also made so many crimes possible. People even can hire hitman from the internet.Bitcoin favors anonymity it is quite easy for people that are not ethical to slip into corrupted or at least non legal practices.

Everything can happen, bitcoin is just a technology and the one using it has different decision on how to use it.
Not that because bitcoin can be use for illegal transaction, we already conclude that bitcoin is used for illegal transaction, in fact there is no difference
with fiat, it can also be used in illegal transaction.

It can be used in illegal transactions but it can be regulated by the government so if bitcoin will be used then it can be monitored by the government by looking up to the blockchain transactions and that is a transparency which is a good way to reduce corruption because any person in a country can search for the transaction of a given address to verify if there is corruption or not.

[MakLampir]

Bitcoin doesn't lead to growth. It's purely comes from the person morality. Whether people corrupt or not isn't caused by bitcoin. Bitcoin is just another medium to move the stolen money. If the person himself involves in corruption, he will keep doing that whether bitcoin exist or not.

[topleskacah]

Corruption does not depend on money. Bitcoin nothing to do with. What corrupt officials do not take bribes in dollars? Even if the money is not at all they will take bribes of gold and products. It seems to me that it's just a reason to fight bitcoin.

[Bessta]

If bitcoin can lead to illegal activities, well corruption is also illegal, thus it is probable most especially to people who are expert in circumventing laws. Bitcoin with its anonimity is vulnerable to anything illegal and abuses. And with this, government regulations play an important role in the bitcoin world for proper monitoring to avoid and prevent illegal activities/corruption in the cryptoworld.

[noneedmoney]

It really can. If someone is corrupt and investing in bitcoin is very easy and nobody will know if the person is corrupt. Karen's nature of Bitcoin is Anonymous.

[Lodipetmalu]

Any currency, virtual or paper currency can lead to corruption. Anything that money is involved can result to corruption so it depends on mindset and decision of every people if they will corrupt or not.