Do you think that bitcoin can reduce corruption?

[Derrick]

I think no, bitcoin will ne'er be associate degreeswer|a solution} for reduce uncleanness in light-weight of the very fact that bitcoin is a sophisticated money that lone exist on a universe of computerised innovation and created with a reason to diminish the problems looked by everyday voters whereas playing managing an account exchanges on their day by day life. what is more bitcoin will simply anticipate debasement on the blockchain in light-weight of the blockchain info that's safer and therefore the record is troublesome to create any faux demonstration.

[hataman]

Bitcoin is the digital currency. It was made with the purpose, to reduce the problems faced by the general public when conducting my banking transactions everyday. Bitcoin is a secret currency, meaning there is no third party interference when making a transaction. The exchange of colleagues helps maintain transaction secrecy. With Blockchain security system that can not be solved. So there is complete freedom to buy as well as sellers to trade. The full abolition of a third person who makes the chance of corruption almost zero. If we use bitcoin everywhere the possibility of corruption will be greatly reduced.

[eelectrick]

Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?

I think without regulation bitcoin cannot reduce corruption. It is what it is as of the moment, the government has
the legislative power to ban or reject cryptocurrency if they want to if it does not appeal to it's meticulous nature. 
With the existing monetary system, governments have more power and influence to the people and economy,
compared to digital currencies which decentralized in design and structure. Bitcoin can be use for corruption just
like it was avidly used and utilized for criminal transactions.

[FeArZ]

As i'd see it, bitcoin will neither decrease nor advance dirtiness or another unlawful action anywhere on the world. Bitcoin itself cannot do something. The one has bitcoin in his billfold World Health Organization can decide on this alternative of what to try to to thereupon bitcoin that he's having. On the off probability that he can utilize that in any style of illicit action, bitcoin itself are going to be unable do something nice or awful.

[cryp24x]

Everything has always PROS and CONS. As long we use right thing to its right place, everything will be fine. I cannot say that Bitcoin can reduce corruption but it can help if we use the advantage of Blockchain Technology’s transparency and reliability.

[Lodipetmalu]

Is bitcoin can reduce corruption, i dont think so, we can not control the motive of the corrupt person. If it was his nature to corrupt or he finds an opportunity to corrupt he will grab it whatever it was even can or bitcoin. So bitcoin can not reduce corruption but instead it can possible increase it.

[Kousei23]

Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?

Nope. I don't believe on it because we all know how bitcoin so precioua today. I think the government wouldn't resist to be corrupt if they holding so many bitcoin. They do some corruption activities in simple and little amoumt of money what if you add bitcoin? I would say that corruption will be avoided depends on the people or the one who are leading.

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Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?

It depends on the perspective of the person if he/she will believe on it. And actually the min factor that affects the corruption of things are the ussge of powers. Some people use their power in ordr to get what they want. So I believe that bitcoin will somehow help to reduce vorruption but it will be also the reason to rise the corruption because of greed.

[kingkonjac]

I do believe that even if they accept btc the corruption would increase in size because btc would provide them to launder their money more easily and cut the tractability with being anonymous

[valentinen39]

Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?

In my own opinion if government will handle cryptocurrency then we are just giving them more power to steal money from us because they will be placing taxes on us and earning cryptocurrency will be just hard the same as working on the corporate world.

[ajdaj]

Now that governments have a competitor in terms of currencies, do you think that they will make an effort to make the economic system more transparent or will they just try to ban everything?

In my own opinion if government will handle cryptocurrency then we are just giving them more power to steal money from us because they will be placing taxes on us and earning cryptocurrency will be just hard the same as working on the corporate world.

traffic jams are everywhere and everywhere and will continue to exist forever, how long humanity will exist. In any size and in any form, but it will. A crypto currency allows corrupt officials to receive rewards and enrich themselves, Not being discovered.

[dead_m92]

This is fake, they will not launder money because of bitcoin, so shut up and try to understand how all this thing works.

And no, this is not a money-laundering machine, so try to learn a little bit before exposing this.

I do believe that even if they accept btc the corruption would increase in size because btc would provide them to launder their money more easily and cut the tractability with being anonymous

[ss890]

A decentralised currency with no identification needed to work would be the first place to use as corruption. Off course it can't avoid the corruption but it will help "seed" the corruption in first place. That's true just think about it as being pseudonymous currencies and thus way lot safe houses for the people who are using it for bad purposes. On the other hand it is also being used on the darknet already and before the time we started this discussion. So yeah it can be used for corruption.

[Dark Sky]

This is fake, they will not launder money because of bitcoin, so shut up and try to understand how all this thing works.

And no, this is not a money-laundering machine, so try to learn a little bit before exposing this.

I do believe that even if they accept btc the corruption would increase in size because btc would provide them to launder their money more easily and cut the tractability with being anonymous

No, bitcoin can reduce corruption because corruption is born from poverty and unemployment but bitcoin can provide any needs that they wants for comfort life and that's why many of  people will busy in earning of bitcoin and their mind will start in positive thoughts, so poverty will end and people will live in comfortable life.

[RavenHood]

In my opinion, yes bitcoin can reduce corruption. Yes, the government can’t control bitcoin and other digital currency they can’t manage the tax on it, and it will be tough to know how is the person using that code. Maybe that is one of the reasons why some other country ban bitcoin because they can’t get something.

[Akupuniard]

I don't think so because peoples heads already corrupted and currency doesn't matter in this case. Those people will take everything they can because they are selfish.

[Doell]

In my opinion, yes bitcoin can reduce corruption. Yes, the government can’t control bitcoin and other digital currency they can’t manage the tax on it, and it will be tough to know how is the person using that code. Maybe that is one of the reasons why some other country ban bitcoin because they can’t get something.

I agree with your opinion that is why many countries are banning the use of bitcoin for transactions ,the government is desperate for the money of the people and people who suffer poverty ,bitcoin is created for freedom and we believe someday bitcoin will become the number one money in the world so it can improve the economic needs community

[cryptbit.man]

I think blockchain technology can reduce corruption. And if governments are smart enough they would indeed use blockchain technology to be able to trace the movement of wealth between the member of an association. However that has nothing to do with bitcoin itself, but with the technology that it is built on.

[kenelmark]

as long as bitcoin / blockchain is anonymous and decentralized, it will be the paradise for tax evaders to hide their wealth even though blockchain is public and transparent. that is one of reasons some countries ban bitcoin.
it would be different if you say blockchain can reduce corruption. Governments can use blockchain in their own system for transparency to reduce corruption. because they don't belong bitcoin in their system to trace.

[White Christmas]

I don't think so because peoples heads already corrupted and currency doesn't matter in this case. Those people will take everything they can because they are selfish.

Exactly bitcoin doesnt have power to reduce corruption what needs here was the people. If they want to reduce corruption people in the government must be monitored and change their mindset of being selfish. But unfortunately it was hard to happen because as the time goes by politician become greedy of money and always think of their wealth.