Can Bitcoin also lead to corruption ?

[lestariptr]

corruption can happen anywhere we have to be careful. it is a risk that you must take. Because digital can be hacked by someone or anything to do, corruption will always exist. Therefore we must be careful to keep our bitcoin

[maxj57634]

If its money then there is also corruption,bitcoin is money so there will be corruption on some people or company that are lined with bitcoin.
You can bribe politician with bitcoin just to get some project over the government and that will be discreet because there will be no bank transaction to look at.

[CowboyKiller]

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 it can, and it can be very easy to happen. bitcoin transactions can be done anytime and anywhere "without going through the bank". it would be very easy to do money laundering using bitcoin.

Remember that you are using the blockchain, all transaction are transparent, never think it's untraceable and easy to do money laundering because when the government will be after you, they can  make all necessary actions to trace your transactions and will make you liable if you are proven doing illegal activities. They have the means to do it, there might be some delay but you can be trace if they do their job.

How to track me if I do not use any exchange? I can use dark web, private transaction, use mix service for my transaction ... to help my address and transaction can be anonymous. No one can tracks me as long as I do not show my name + my address for anyone.

[kkukkugaga]

Since btc is about money and investment, there's a high possibility that corruption will likely to happen. Since users are only using mobiles and other gadgets, it's very easy for others to trace our works and hack what we're doing. Aside from that, money is such a powerful tool that urges people to do all the things they can just to have it, without considering if it's good or bad. We all know that corruption is not good, so let's not be one of those corrupt people.

[CHENIEN]

The reality of corruption are always everywhere and then, in this bitcoin we considered that their will be a corruption also because this is also a wealth and we really know that everybody wants  to become and rich person. So we can say that corruption are also in this kind of business.  Knowing that bitcoin is also a business because its involved trading and investment so therefore their's a corruption. It happens who did is the person who is in the higher position that can easily access bitcoin. Thats all and god bless to all bitcoiner.

[goldcoinminer]

The reality of corruption are always everywhere and then, in this bitcoin we considered that their will be a corruption also because this is also a wealth and we really know that everybody wants  to become and rich person. So we can say that corruption are also in this kind of business.  Knowing that bitcoin is also a business because its involved trading and investment so therefore their's a corruption. It happens who did is the person who is in the higher position that can easily access bitcoin. Thats all and god bless to all bitcoiner.

Bitcoin is a system only, and we can use it regardless of what we want to do.
It can be use for both legal and illegal transactions but we should know what we are doing because we are the one who is responsible and not bitcoin.

[btccointalk]

Obviously. We can see corruption everywhere like you have mentioned. There are some people who are always in need of easy money so chances are there that they will come up with their evil ideas to exploit it.

[tats14]

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?

Maybe yes, maybe no, because we human being in this world is existed to live, so on, we need money, and it is maybe bitcoin can lead us to corruption because it is a currency, when you say currency it is our daily need.

[UsernameBitcoin]

Is there 5 things more corrupt in today's world than Bitcoin? I would say, Bitcoin is in the top 10 cryptocurrencies of corruption worldwide at the moment, guaranteed.

[changcloy]

corruption is everywhere even here in bitcoin i know some will do monkey business because man in nature is greedy we all love money but it is very wrong to patronize money it will lead people doing bad things even they will hurt other people.

[teamcryptonator]

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?

Maybe yes, maybe no, because we human being in this world is existed to live, so on, we need money, and it is maybe bitcoin can lead us to corruption because it is a currency, when you say currency it is our daily need.

All things become easilier than while the government want to use Bitcoin for corruption. No one can knows the government are using Bitcoin to receive money from corruption, that is one of the advantages of them, but if they accept Bitcoin, it means they also accept their corruption, is right ?

[CryptoDens]

To become corruption is not just Bitcoin alone, in any form can be used as a means of corruption of the corruptors in the party organization as well as others. It all depends on how we take advantage of technological developments, especially in this digital currency. Positive side will make the bottom of the start to improve their financial problems, because the impact of the world economy is weakening or other words economic crisis. Bitcoin can serve as our starting point to get started. Maybe one day can apply a security for bitcoin that can catch the corruptors who deliberately use bitcoin as a means of corruption. I do not know how, but there is a possibility that it can be applied to reduce corruption.

[Xenoph0bia]

To become corruption is not just Bitcoin alone, in any form can be used as a means of corruption of the corruptors in the party organization as well as others. It all depends on how we take advantage of technological developments, especially in this digital currency. Positive side will make the bottom of the start to improve their financial problems, because the impact of the world economy is weakening or other words economic crisis. Bitcoin can serve as our starting point to get started. Maybe one day can apply a security for bitcoin that can catch the corruptors who deliberately use bitcoin as a means of corruption. I do not know how, but there is a possibility that it can be applied to reduce corruption.

Yes definitely bitcoin leads to corruption.We cannot say that bitcoin is made for corruption.We human beings need money.We can do anything to earn money.Bitcoin is one of the way to earn money.Since it is not under the control of any central bank or institution,therefore no taxes can be implied on it.Here people evade taxes.All the black money of people can be transferred through bitcoin and can be stored in the bitcoin wallet.Only the donor and receiver knows about the details of the wallet.

[alexsandria]

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 of course. Because we all know that bitcoin today has a lot of impact in our society and we all know that most of the people now depends on bitcoin. And many bitcoiners are invest on in because they want a bigger income. Bitcoin is good in terms of value but will be bad if many people will going to be greedy and people may lead to corruption.

[ausbit]

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 it can, and it can be very easy to happen. bitcoin transactions can be done anytime and anywhere "without going through the bank". it would be very easy to do money laundering using bitcoin.

Remember that you are using the blockchain, all transaction are transparent, never think it's untraceable and easy to do money laundering because when the government will be after you, they can  make all necessary actions to trace your transactions and will make you liable if you are proven doing illegal activities. They have the means to do it, there might be some delay but you can be trace if they do their job.

How to track me if I do not use any exchange? I can use dark web, private transaction, use mix service for my transaction ... to help my address and transaction can be anonymous. No one can tracks me as long as I do not show my name + my address for anyone.

You are very much right in your opinion but the thing is the problem is with ‘I’ not with bitcoin. If this ‘I’ stops doing all these wrong things, stop using dark web etc., The bitcoin is not going to do nay harm to anyone. Even before bitcoin, there was corruption, there were many transactions made which were without any identity, they were not easy to track. So in short, the problems is with users, not with the machine.

[ariewashere1]

A DumpCash pump without any new inforatio to esul in t. For thns reason its called DumpCash simply because it will likely ibme l again especially with other alts that actually work better and without the special interestrtieft

[hermanrz]

I think it could only happen because it can be categorized with money laundering. But it could happen if the perpetrators of corruption, knowing about bitcoin

[lenovo16]

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?

Ofcourse it can. If a person is driven by his greediness that will be happen. Because they want a lot of earning they going to do illegal in order to have it. For example users were going to make many account then they let it to enter a particular campaign. And that can be consider an example of curruption.

[the rise]

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 of course. Because we all know that bitcoin today has a lot of impact in our society and we all know that most of the people now depends on bitcoin. And many bitcoiners are invest on in because they want a bigger income. Bitcoin is good in terms of value but will be bad if many people will going to be greedy and people may lead to corruption.

bitcoin must accept the fact that if it must be acknowledged globally it must eliminate the anonymous nature and begin to try transparently in every transaction, if this is not regulated and the state does not play an active role then bitcoin will continue to be labeled as the source of massive mega-corruption diseases. An official regulation is required for all crypto business developers and users so no one dares to do laundry if the punitive consequences are very strict.

[Beicin]

Unfortunately, everything the humans touch ends up plagued with corruption, caused by greed and too much ambition... With Bitcoin is no different, but a decentralized and trustless system makes it much more transparent and easier to spot frauds and corruption. We just need to be united as a community and diligent in correcting those who do wrong.