Post
Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
VanDeinsberg12
on 07/05/2017, 16:11:17 UTC
Bitcoin will only help the development of corruption. Corruption can exist with any currency, and with bitcoin it will be anonymous and promising.

Exactly, corruption is everywhere as long there is money involve whether it is crypto or not they will exist.

And for those corrupt people they really can see the advantage upon using bitcoin because of it's anonymity.

They can't be tracked when they start using this for that purpose but I don't encourage people to use this in corruption.

This is a great invention that be used properly but it's a fact that there are people that will abuse it.

Exactly, human is very clever to think so many ways just to have money easily, whether it came from good or bad ways. But to think, how can we manipulate corruption in decentralize coin?
Honestly, There are some ways to manipulate the corruption through the decentralized coin. Through the decentralized coin that means its lack of regulation.

This time I just think about money laundering. Through the decentralized system, the abuser is able to launder his money through sent it on the ecosystem.

It will be mixed for naturally.