Bitcoin Forum
October 22, 2018, 09:00:56 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 »  All
  Print  
Author Topic: Politicians fear cryptocurrency because it will stop corruption.  (Read 2145 times)
mimienamphine
Member
**
Offline Offline

Activity: 224
Merit: 12

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO


View Profile WWW
July 21, 2018, 12:01:39 PM
 #1

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

1540198856
Hero Member
*
Offline Offline

Posts: 1540198856

View Profile Personal Message (Offline)

Ignore
1540198856
Reply with quote  #2

1540198856
Report to moderator
1540198856
Hero Member
*
Offline Offline

Posts: 1540198856

View Profile Personal Message (Offline)

Ignore
1540198856
Reply with quote  #2

1540198856
Report to moderator
1540198856
Hero Member
*
Offline Offline

Posts: 1540198856

View Profile Personal Message (Offline)

Ignore
1540198856
Reply with quote  #2

1540198856
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540198856
Hero Member
*
Offline Offline

Posts: 1540198856

View Profile Personal Message (Offline)

Ignore
1540198856
Reply with quote  #2

1540198856
Report to moderator
Cassy14
Member
**
Offline Offline

Activity: 227
Merit: 10

GIGTRICKS


View Profile
July 21, 2018, 12:04:32 PM
 #2

Politicians are nowt afraid of cryptocurrency, actually this will made them more safe in having corruption.
it is just now that banks and elites are paying politicians to make steps on stopping the movement of cryptocurrencies especially bitcoin.
as this is a thread for them and a start for all the people to control the currency.

ajqjjj
Hero Member
*****
Offline Offline

Activity: 1059
Merit: 505



View Profile
July 21, 2018, 12:16:29 PM
 #3

Obviously, politicians are fear to this decentralised cryptocurrency. But they are all invest in centralised Cryptocurrency government is supporting to politicians because they only control the government so centralised platforms are favour by politicians and Bitcoin is rule the crypto market so they are all fear in this platform.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177
orions.belt19
Full Member
***
Offline Offline

Activity: 462
Merit: 112


View Profile
July 21, 2018, 12:17:23 PM
 #4

I don’t see how it will stop corruption. Corruption is rooted from greediness and I believe that politicians will continue to become greedy despite of the presence of cryptocurrency. How will that stop them from abusing their power and authority? They don’t fear crypto because they actually have the power to declare a ban. You probably heard some negativity from them because of how much money it generates and they’re probably just jealous of the people exploiting it when they’re the ones who should be able to exploit it for money.
opg777
Member
**
Offline Offline

Activity: 154
Merit: 11


View Profile WWW
July 21, 2018, 12:34:57 PM
 #5

I would like it to somehow help stop the corruption. But judge for yourself, most likely this is not possible. I will explain my opinion: Blockchain is a continuous sequential chain of blocks , which contain information, built according to certain rules. Accordingly, for example, if we order to bring all financial income of people to the register, give each wallet that will be registered in this register, we will see official figures. But the problem will be in another, any person will not have the trouble to create another purse and accept black money there. But there are other options for solving the problem of corruption. Honest presidential election, perhaps soon will apply the technology of blockchain to conduct transparent elections. State purchases, too, in theory can take place on the technology of blockchain. Accordingly, anyone can check this or that information. But my opinion will remain the same, the blockchain will affect corruption, but it is unlikely to eliminate it.
lunaelucemauram
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
July 21, 2018, 12:57:48 PM
 #6

Yes they are because of the decentralized nature of cryptocurrency where the people who are using it have the power, however remember that in every system there will be a loophole. For instance it can be the security factor of cryptocurrency that they can take advantage of as they can send a large sum of money with out any traces from where it has come form and it can be used in almost anything to buying drug to weapons as what some people do in the black market.
neliawesome
Jr. Member
*
Offline Offline

Activity: 210
Merit: 1


View Profile
July 21, 2018, 01:03:33 PM
 #7

I dont think cryptocurrency will stop corruption.Yes they fear of cryptocurrency but I doubt if it is because of corruption instead they fear that economy of a country will get affected and of course they fear that their businesses will get down.
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 994
Merit: 503


Crypto-Games.net: Multiple coins, multiple games


View Profile
July 21, 2018, 02:49:39 PM
 #8

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Not only because of corruption, but also due to not having power over  bitcoin or other crypto currencies. That is why they are trying to regulate crypto currencies, so they can indirect have control over the currency.
I would like it to somehow help stop the corruption. But judge for yourself, most likely this is not possible. I will explain my opinion: Blockchain is a continuous sequential chain of blocks , which contain information, built according to certain rules. Accordingly, for example, if we order to bring all financial income of people to the register, give each wallet that will be registered in this register, we will see official figures. But the problem will be in another, any person will not have the trouble to create another purse and accept black money there. But there are other options for solving the problem of corruption. Honest presidential election, perhaps soon will apply the technology of blockchain to conduct transparent elections. State purchases, too, in theory can take place on the technology of blockchain. Accordingly, anyone can check this or that information. But my opinion will remain the same, the blockchain will affect corruption, but it is unlikely to eliminate it.
But at least it will somewhat reduce corruption specially on under developed and developing countries. Say they are working on a project and has a fixed budget. We can get to see where the money how the money is flowing (money going in and out) publicly. So any misuse the budget can easily be traced.


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉BCH  ◉STRAT  ◉ETH  ◉GAS  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
✔️DICE           
✔️BLACKJACK
✔️PLINKO
✔️VIDEO POKER
✔️ROULETTE     
✔️LOTTO
amirmass
Sr. Member
****
Offline Offline

Activity: 426
Merit: 250



View Profile
July 21, 2018, 02:58:10 PM
 #9

Politicians are not afraid of crypto. It's just something they can not accept for now. Different areas of use are confusing. Mostly they can not accept terrorism because it is financed and used in jobs like money laundering.


          ██
         ▐██▌
         █▌▐█
        ▐█  █▌
▄▄▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄
 ▀▀    █▌    ▐█  ▄█▀▀
      ▐█      █▌█▀
      █▌   ▄▄ ▐█
     ▐█  ▄██▀  █▌
     ██▄██▀    ▐█
    ▐███▀       █▌
Z-POP DREAM

▒▒▒▒▒▒████▌  █▌
 ▒▒▒▒▒▐████  ▐█
  ▒▒▒▒▒████▌  █▌
   ▒▒▒▒▐████  ▐█
    ▒▒▒ ████▌
     ▒  ▐████
     █▌  ████▌
     ▐█  ▐███████▄
      █▌  ████████▌
      ▐█  ▐████████
       █▌  ████████▌
       ▐█  ▐████████
        █▌  ████████▌
GROW TALENT ★★★★
★★★★ CREATE STAR

▒▒▒▒▒▒████████▌  █▌
 ▒▒▒▒▒▐████████  ▐█    ▒▒
  ▒▒▒▒▒████████▌  █▌  ▒▒▒
   ▒▒▒▒▐████████  ▐█ ▒▒▒▒
    ▒▒▒ ▀███████▌   ▒▒▒▒▒
     ▒      ▐████  ▒▒▒▒▒▒
     █▌      ████▌▒▒▒▒▒▒▒
     ▐█      ▐████▒▒▒▒▒▒
      █▌      ████▌▒▒▒▒
 ▄▄   ▐█      ▐████ ▒▒
████   █▌      ████▌
 ▀▀    ▐█      ▐████
        █▌      ████▌
Website
White paper
LeGaulois
Copper Member
Hero Member
*****
Offline Offline

Activity: 854
Merit: 877

Bitcoin Ninja Unregulated Banker Unbanking Folks


View Profile
July 21, 2018, 03:35:53 PM
 #10

Corruption will always exist, with or without cryptocurrencies. Your point is invalid, especially since you didn't argument about the "transparency" of the cryptos. Also, if your point is the transparency, then what about the privacy-centric cryptos? Because <with them there is no transparency and full anonymity.

microwave
Newbie
*
Offline Offline

Activity: 194
Merit: 0


View Profile
July 21, 2018, 04:14:49 PM
 #11

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

I think it's no, because when it comes to be corrupted principles many different ways specially this type of method wbich is crypto currency easy to use and easy processed specially for transferring of fund. We can not sure that politicians not doing something corrup because of fastest way of payment transfer.
EVOS
Newbie
*
Offline Offline

Activity: 144
Merit: 0


View Profile WWW
July 21, 2018, 05:52:02 PM
 #12

yes, I also think like you, they fear if the government uses blockchain to record all the activities of the country. they will not be able to corrupt again, this fact is very unfortunate
nightxglow
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
July 21, 2018, 05:53:43 PM
 #13

Well i don't think that's their reason to fear cryptocurrency. Even in fact, doesn't cryptocurrency will make it easier for them to corrupt? We know that cryptocurrency is anonymous and hard to track, so it will be easy for them to vanish the track if they corrupt with cryptocurrency.
And even, i think cryptocurrency can give them many advantages though.
But still i'm not really sure what make them fear crypto, other than those cliche reasons like it's threathening and bad for the country's stability.

.
IDAP.IO.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀    ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Introducing Derivatives Product Ecosystem to Crypto Asset Market.
| Twitter | LinkedIn | Medium | Facebook | Bitcointalk | Instagram

kive2k
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
July 21, 2018, 06:08:18 PM
 #14

I wonder how this way of crypto currency can end corruption? I think it can be the other way around, for pumping money.
Ucihashin
Jr. Member
*
Offline Offline

Activity: 38
Merit: 2


View Profile
July 21, 2018, 06:13:36 PM
 #15

politicians are just one of the many problems of rejection of crypto technology because the main enemy of crypto is banking and banker bankers who support bank banks worldwide
hatshepsut93
Hero Member
*****
Offline Offline

Activity: 938
Merit: 601


Vires in numeris


View Profile
July 21, 2018, 06:22:12 PM
 #16

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

Transparency of most public blockchains is more of an unwanted feature rather than advantage, and major coins like Bitcoin and ETH are working on improving their privacy. And there are already coins with strong privacy like Monero, and it can be used for all sorts of activities, including corruption.

The real reason why politicians are scared is because they don't want average joe to have tools for having shadow income, in the current political system this privilege is reserved for the ruling class and their cronies.

The Pharmacist
Legendary
*
Offline Offline

Activity: 1302
Merit: 1797



View Profile
July 21, 2018, 06:44:09 PM
 #17

Stating that politicians fear crypto is just unfounded speculation.  None of them have actually said that, nor is there any evidence that it's true.  In addition, cash is still way more anonymous than bitcoin and is infamous as being the vehicle by which corrupt politicians and other sleazeballs take their bribes and kickbacks and whatever.

I don't think most politicians even really understand much about crypto, much less have any sort of fear that it's going to put an end to corruption.  That's just not the way they think, IMO.

googs84
Sr. Member
****
Offline Offline

Activity: 602
Merit: 256



View Profile
July 21, 2018, 06:55:14 PM
 #18

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

I don't know, may be I have different opinion than yours. Im pretty sure politicians are the one who must be very happy right now that crypto currencies does exits.  Cheesy Well that is giving them the way to hide lot of wealth that they are carrying with them under subway, under table etc etc.  Shocked
Well, crypto currencies are transparent but they dont give us full information about who and from where the address was generated and whose holding it. Think about it twice.


.
      ▄▓▓▓▄  ▓▓   ▓▓   ▓▓▌ ▓▓▌  ▄▓▓▓▄▄  ▄▓▓▓▄▄       ▓▓▓     ▓▓    ▐▓▓▓▓▄▄   ▄▓▓▓▄
     ▓▓▌ ▀▀▀ ▓▓▓ ▐▓▓▓ ▐▓▓  ▓▓▌ ▓▓▓ ▀▀▀ ▓▓▓ ▀▀▀      ▐▓▓▓▓    ▓▓▌   ▐▓▓▀ ▀▓▓ ▓▓▓ ▀▀▀
     ▀▓▓▓▓▄   ▓▓ ▓▓▐▓ ▓▓▌  ▓▓▌  ▀▓▓▓▄▄  ▀▓▓▓▄▄     ▐▓▓ ▓▓▌   ▓▓▌   ▐▓▓▄▄▓▓▓  ▓▓▓▓▄▄
     ▄▄  ▓▓▓  ▐▓▓▓▌ ▓▓▓▓   ▓▓▌ ▄▄▄ ▐▓▓ ▄▄▄ ▐▓▓     ▓▓▌  ▓▓▌  ▓▓▌   ▐▓▓▀▀▀   ▄▄▄ ▐▓▓
     ▀▓▓▓▓▓▀   ▓▓▓  ▐▓▓▌   ▓▓▌ ▀▓▓▓▓▓▀ ▀▓▓▓▓▓▀    ▓▓▓   ▐▓▓  ▓▓▓▓▓▌▐▓▓      ▀▓▓▓▓▓▀
▬ MINING & ENERGY ▬



..The Smart Mining Company..
Get a piece of COLD 6 220 238 SAM



.


                              ▄████▄
                        ▄▄█████▀▀███
                    ▄▄████▀▀     ███
              ▄▄▄████▀▀    ▄▄   ▐██
          ▄▄█████▀       ▄█▀    ██▌
     ▄▄████▀▀▀       ▄███▀      ██▌
    ████▀        ▄▄████▀       ▐██
     ██████▄▄  ▄█████▀         ██▌
          ▀████████           ▐██
            ▀████▌            ███
             ▀███  ▄██▄▄     ▐██▀
              ███▄███▀███▄   ███
              ▀███▀▀   ▀▀███▄██▌
                          ▀▀█▀▀
.

                      ▄▄▄██▄▄▄    ▄
     ██▄            ▄████████████▀
     █████▄▄       ▐█████████████▀
      █████████▄▄▄▄▐████████████▌
     █▄█████████████████████████▌
     ▀██████████████████████████
       ▀███████████████████████
       ▐██████████████████████
         ▀██████████████████▀
           ▄▄█████████████▀
     ▀████████████████▀▀
          ▀▀▀▀▀▀▀▀
                  ▄███▌▄
              ▄▄██████████▄
             ██████▀ ▀▀█████▄
            ██████      █████▌
           ▄██████▄    ███████▄
           ▀██████████████████▀
              ▀▀▀▀▀▀▀▀▀▀▀▀
           ▐▌    ▄▄    ▄▄    █
            █    ▀          ▄▀
             ▀█           ▄█
               █    ▄▄    ▀
                ▀▄      ▄▀
             ███▄  ▀▀▀▀  ▄██▌
       ▄██▌  ███████▄▄██████▌  ▐█▄▄
      ████▌  █████▀▀  ▀█████▌  ▐████
     █████▌  ██████ ▀▀ ▐████▌  ▐█████
    ██████▌  ██████ ▐▀  ████▌  ▐█████▌
    ▀█████▌  █████▄▄  ▄█████▌  ▐█████▀
             ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ReiMomo
Sr. Member
****
Offline Offline

Activity: 504
Merit: 252



View Profile
July 21, 2018, 06:57:33 PM
 #19

I don't think so because crypto currency will definitely going to reduce corruption but politicians will find a good way in cheating the people and earn corrupted money in crypto also because the corrupted head of the government is also corrupted. If the politicians come forward and stop corrupting people by themselves honestly, then there is a chance they or the country can stop corruption.

███▄                 ▄███           ▄▄███▀▀█▄▄                   ▄▄█████▄▄           ███▄               ███    ▀██▄             ▄██▀
█████               ▄████       ▄▄████▄█ ██ ████▄▄           ▄▄████▀▀▀▀▀████▄▄       █████              ███      ███           ███
██████             ██████      ▀▀██▄█████▄▄███▄█▀▀▀         ███▀▀         ▀▀███      ███▀██▄            ███       ▀██▄       ▄██▀
███▀███▄         ▄██▀ ███     ███▄▀███▀████████ ████       ███               ███     ███  ███           ███         ███     ███
███  ▀███       ███▀  ███    █████ █████████  █▄▀▀▀▄█     ███                 ███    ███   ▀██▄         ███          ▀██▄ ▄██▀
███    ███▄   ▄███    ███   ▀████▀▄██████▀█████████▀██   ███                   ███   ███     ███        ███            ▀███▀
███     ▀███▄███▀     ███   █▄▄▄▄███  ████████▀███████   ███                   ███   ███      ▀██▄      ███            █████
███       █████       ███   ██▀██████████▀████████████   ███                   ███   ███        ███     ███           ██▀ ▀██
███        ▀█▀        ███    ███████▀████████▀▀▀███▄█     ███                 ███    ███         ▀██▄   ███         ▄██▀   ▀██▄
███                   ███
     █  █▀█████████ ███ ███       ███               ███     ███           ███  ███        ██▀       ▀██
███                   ███
      █████▀▄▄▀█▄██▄▀▀▀▄██         ███▄▄         ▄▄███      ███            ▀██▄███      ▄██▀         ▀██▄
███                   ███
       ▀▀██▄▀▀▄███▀████▀▀           ▀▀████▄▄▄▄▄████▀▀       ███              █████     ███             ███
███                   ███
           ▀▀██████▀▀                   ▀▀█████▀▀           ███               ▀███   ▄██▀               ▀██▄
.
.TRADE, EARN & OWN THE EXCHANGE
████   WHITEPAPER    FACEBOOK    TWITTER    LINKEDIN    TELEGRAM    CRUNCHBASE   ████
|FREETRADING &
ICO LISTING
|SUPERIORTO NASDAQ
AND LSE
|US$ 29MRAISED IN
2 WEEKS
|
[]
qwirtiii
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
July 22, 2018, 12:32:15 AM
 #20

The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.

Politicians are hoping to help the people, to develop our country but eventually some of them they continue to overthrow the country. Because of the sharpening of its resources. They do not have enough of their receipts so they prefer to pick up they want or wealth of the country.
So I think ,they are afraid of the arrival of cryptocurrency because it do not have any taxes they corrupted and they can not get huge amounts of money in the govenment.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!