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sunflower_11438
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September 16, 2018, 10:33:44 AM
 #21

yes, if blockchain is applied in the government, corruption may be minimized significantly because all transactions can be seen by the public
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September 16, 2018, 10:50:06 AM
 #22

yes, if blockchain is applied in the government, corruption may be minimized significantly because all transactions can be seen by the public
but government must anticipate the anonymous nature. if it is legalized, it means that it is more free to transact using blockchain, and that gives an opportunity for money laundering

           
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September 16, 2018, 10:57:42 AM
 #23

Some people may agree to you but how about who stand in opposition? Would you insist your plan to be implemented? If yes then I think that will be a bad idea. Your country might face chaos because of the dictatorship-like form of governance. I know that your intentions are good but of course you should still consider the pulse of the society.
IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money.
Oops! The price of crypto is naturally volatile, remember? I think it will be hard to manage the funds properly if its value fluctuates from time to time. So for now, still fiat wins and crypto could only be an option dealing with small transactions.
In this way we could eradicate the corruption

For me, the best way of getting rid off the corruption or greatly reduce it at least is by filtering the government itself. Hunting down the corrupt officials is the key since they are the root of the problem because I believe that clean governance is the start for continuous growth.
Yes there are many possible situations that we must think first before implementing the cryptocurrency as a payment system. Cryptocurrency can change a lot in our society and also the government but before implementing that we should ensure that every people are agree and aware about its system so that they can also have an idea that could help them to use it based on its functions and everyone can be benefited from it.

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September 16, 2018, 11:14:46 AM
 #24

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

If could manage a government, I would use 10% of the tax revenue to buy bitcoin. Grin
I would change the operating systems of all govenment clerk's computers from Windows and Mac to Linux.
I would upload all the paperwork into the blockchain and fire all the lazy bureaucrats. Grin
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September 16, 2018, 11:22:31 AM
 #25


For me, the best way of getting rid off the corruption or greatly reduce it at least is by filtering the government itself. Hunting down the corrupt officials is the key since they are the root of the problem because I believe that clean governance is the start for continuous growth.
Even we hunt them and remove from their position, corruption won't end that easy. A blood that runs into the system that can't be stop unless you kill it. And achieving a clean governance is like finding a salt in water. Impossible.

So this blockchain technology that OP wanted to do in government is insoluble and I guess government won't agree to establish a decentralized thus they want it to be fully centralized wherein they can manipulate everything. And many aspect should be taking out for consideration but one thing is certain that having blockchain isn't the answer.
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September 16, 2018, 11:27:42 AM
 #26

That seems to be a good idea. Government funds on cryptocurrency is a bit transparent in that case. Yet their seems to be a disadvantage if it would follow the system used by most cryptocurrency. The problem would be in the form of volatility that coins will have. It should be different and based on fiat for it to become effectively transferred otherwise some price manipulation could probably occur given that projects or budgets are big or is high valued.

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September 16, 2018, 11:32:29 AM
 #27

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption

Obama built a website to monitor budget spending in his 1st term. Almost no one bothered to look or keep track of it, afaik.

People sometimes adhere to the view that government exists to prevent them from caring or thinking about issues. This may not be a realistic approach. For society to function and thrive could require a basic standard of knowledge and competency from the public. People must support the right policies and have the education and information to recognize which stances are best for them. There isn't necessarily a substitute for this. Often the media will convince the public to support things which are the worst for them.

Blockchain can reduce the trust factor present in transactions. It has not yet engineered to be viable in removing the trust factor from deciding economic, financial or regulatory policy. And so while I like the optimism, I think blockchain may not yet be poised to eliminate corruption in the real world.


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September 16, 2018, 11:41:57 AM
 #28

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

If that is your plan, then I would say that you are not thinking about the welfare of your subordinates as you are naglecting the volatility of cryptocurrency. Leading your people to crypto without thinking of the risk it has is a big gamble on the side of your governance.

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September 16, 2018, 11:45:05 AM
 #29

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

I totally agree with your opinion, it will be very neglected to use this cryptocurrency for expenditure or use. and the unemployment rate for a little economy will increase rapidly. I think everything will get better with this crypocurrency or blockchain.
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September 16, 2018, 11:55:09 AM
 #30

If it could only be done in our country it will be a big help to our President right now, whose pursuing to stop corruption and corrupted people. Whenever people gain power in the government they embrace it fearfully that leads to being greedy, I hope and pray that this system in our  county change to have a worthy future.
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September 16, 2018, 12:11:39 PM
 #31

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

You have a good idea and I understand your sentiments. Being a normal citizen in our country we think that we are smarter than those people at the position of our government. You need to know that being a top official you have to consider all options and possibilities that it will benefits all level of your countrymen. If you will go with blockchain, how do you manage the price manipulation by those whales? This is the reason why bitcoin will not go as a currency and slow in mass adoption as the volatility is too high. Imagine from $1k it pumps to $20k and then drops to $6k in less than 2 years span. It can lose the money from your government with the decline of bitcoin price...will you say to your people that we need to hold since the price drops and we lose the value of our money?
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September 16, 2018, 12:23:47 PM
 #32

If i could manage the government the first thing that i will do is to manage our economy, because I believe that if we can manage our economy like what Pres. Marcos did, we the Filipino can fight the puberty. We all know that puberty is the biggest problem here in the philippines and I think by managing the economy first in a great way we can fight the puberty. I will also eliminate the corruption because this is the major problem in every country.
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September 16, 2018, 12:32:25 PM
 #33

Some people may agree to you but how about who stand in opposition? Would you insist your plan to be implemented? If yes then I think that will be a bad idea. Your country might face chaos because of the dictatorship-like form of governance. I know that your intentions are good but of course you should still consider the pulse of the society.
IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money.
Oops! The price of crypto is naturally volatile, remember? I think it will be hard to manage the funds properly if its value fluctuates from time to time. So for now, still fiat wins and crypto could only be an option dealing with small transactions.
In this way we could eradicate the corruption

For me, the best way of getting rid off the corruption or greatly reduce it at least is by filtering the government itself. Hunting down the corrupt officials is the key since they are the root of the problem because I believe that clean governance is the start for continuous growth.
It is really that hard just. to select and filter those good government employees as we all know even the closest friend and relatives in the government still do corruption without recognizing if you are a friend or a relatives as the money will really matter to them. The government should invorporate the blockchain system to eradicate corruption and impose transaparency through blockchain.
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September 16, 2018, 12:50:04 PM
 #34

Good thinking but to implement it all takes a long time especially for developing countries. If the blockchain system is implemented by the government it is good especially corruption is now increasingly widespread.
Corruption can be used with or without the implementation of the blockchain technology. The cause that the blockchain was created for was to oppose the corrupted governments and banks. If those two use the blockchain technology, corruption will be used as well. I do not think it is good for both of them. Added to that, many countries are still biased about cryptocurrency in general and still have not set a law about it. So, I expect many years to be taken for them to start using the blockchain.
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September 16, 2018, 01:08:39 PM
 #35

If given the chance then i would prefer legalizing cryptocurrency in our government. If in today's administration, we cannot increase employability status, then crypto industry might help the government to improve better. If they will just investigate on how crypto works and how it will help the country, they might realize the contribution that it may give to the people.

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September 16, 2018, 01:17:36 PM
 #36

Blockchain technology could be applied even without its own version of cryptocurrency, you just have to replace the old system with the new one and apply it. Let us remember that the only thing being recorded is the transaction and you don't need any kind of unique money to be involved with it. You can still use your own local fiat currency and just record it as an official transaction under your own blockchain therefore all the dates, money, and for what project is it for will be accounted.

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September 16, 2018, 01:31:16 PM
 #37

I don't think you can eradicate corruption with blockchain and cryptocurrencies.  You can trace fiat money/bank account but how about crypto with their anonymity?
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September 16, 2018, 01:38:03 PM
 #38

IF i had the chance to managed a certain government i would really apply blockchain technology and give their budget in a form of cryptocurrency or digital currency that could be used as a form of payment and could even trade to fiat money. In this way we could eradicate the corruption because the public could be aware on where the budget of the people coming from taxes will going through. Yet, until now the government is not interested on cryptocurrency or if they are they are not willing also to investigate and checked how cryptocurrency works and how could it will be applied on their system. They just want their business to continue as usual doing ghost project? I do not know maybe!

I love this attitude,this is a real cryptonians who cares about the governments and at the same time the blockchain technology

But you must consider why the politicians hate this idea?Because like what you said this can eradicate the corruption and they will leave no source of bad income if this would be stopped lol
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September 16, 2018, 01:38:43 PM
 #39

One thing that would pose a problem, would be if your intelligence budget and other highly secret projects that are funded by

that division, could be traced. Some governments use some of their budget to fund highly confidential projects and you do not

want that information to end up in the wrong hands.  Roll Eyes  I do not have a problem with transparency in governments, but

some of these divisions needs some degree of secrecy to perform their tasks. Imagine if you could follow payments that was

done to informers or Whistle-blowers.  Roll Eyes  

You have a point but let me show how this can be done without disclosing the confidential information which should remain as such in the interests of state security. For example, there can be an address called "Homeland Security" or "Intelligence" where, say,  2% of the taxpayers' money goes, but after that it is exchanged for fiat and nobody can tell anything about its subsequent fate. People just know that 2% of their taxes go to that address, and that's it. While at the same time, the fate of the remaining 98% of the taxpayers' money is absolutely transparent and thus any citizen can trace where the money go. So, yes, blockchain technology can be and should be implemented for the transparency of tax system.

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September 16, 2018, 01:41:09 PM
 #40

I really inspire this thought, many of the Crypto community will agree. but in a government there must be a shadow of a black shadow that can sometimes play with the government system and they are sometimes untouched. they certainly don't want the system they have built to be destroyed by the presence of blockchain and crypto. from now on we have to struggle to find and defeat the system
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