Post
Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
Superways
on 24/09/2017, 23:35:29 UTC
Bitcoin is a currency so what makes you think it would be safe from corruption? Isn't buying illegal things and money laundering through bitcoin a form of corruption? Bitcoin is not leading to corruption, it IS drenched in corruption the moment people realize they can do all sort of things in bitcoin.

All illegal activities are fine except those money laundering, child pornography, torturing etc. type things.
Yes bitcoins can lead to corruption and other cybercrime activities in the world. Bribery is one of the small activity which is done anonymously, criminals can try to hack government official’s systems and digital wallets and sniff their private files than blackmail them for ransom in the form of bitcoins which lead them to digital corruption.