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Author Topic: Image governments using Bitcoin  (Read 95 times)
mickymax777 (OP)
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February 07, 2018, 10:56:26 AM
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Can you imagine if governments were to use Bitcoin (or any other alt) the citizens will be able to track all the governments transactions. Damn I know of a few that will not be keen on this.

How do you commit bribery or corruption if all your transactions are on the blockchain. I'm sure the governments will be queuing to get their hands on privacy coins. Whahaha

Just my thoughts

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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pcdgroup
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February 07, 2018, 11:06:17 AM
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If the government uses bitcoin, I think embezzlement will increase a lot, as cash flow can not be investigated
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